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Former PM Stephen Harper appointed to oversee Alberta's $160B AIMCo fund manager

Former PM Stephen Harper appointed to oversee Alberta's $160B AIMCo fund manager

EDMONTON — Former prime minister Stephen Harper is the new chairman of the Alberta Investment Management Corp., which oversees more than $160 billion in funds, including pension funds and the Heritage Savings Trust Fund.
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Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips

LOS ANGELES (AP) — Nvidia on Wednesday reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust. For the three months that ended Oct.
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Investigation led to huge drug bust, which will disrupt Surrey drug trade, says RCMP

Investigation led to huge drug bust, which will disrupt Surrey drug trade, says RCMP

SURREY — Mounties in Surrey, B.C., say a year-long investigation has led to one of the largest drug seizures in the detachment's history and will "disrupt" the drug trade in the city.
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Montreal unveils 2025 budget with new spending for housing, homelessness

Montreal unveils 2025 budget with new spending for housing, homelessness

MONTREAL — The City of Montreal is promising to speed up construction permits, raise taxes on owners of vacant lots and spend tens of millions more dollars to help develop affordable housing as part of its 2025 budget. The $7.
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Randy Boissonnault leaves Liberal cabinet after shifting Indigenous identity claims

Randy Boissonnault leaves Liberal cabinet after shifting Indigenous identity claims

OTTAWA — Randy Boissonnault is leaving his post as employment minister in Prime Minister Justin Trudeau's Liberal cabinet after weeks of questions about the Edmonton MP's shifting claims of Indigenous identity and his business dealings.
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Manulife reaches reinsurance deal worth $5.4 billion to free up capital

Manulife reaches reinsurance deal worth $5.4 billion to free up capital

TORONTO — Manulife Financial Corp. says it has struck another deal to off-load lower-return assets through a $5.4-billion reinsurance deal. The insurer says the agreement with Reinsurance Group of America includes $2.
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B.C. government delegation jets to California to promote the province's film industry

B.C. government delegation jets to California to promote the province's film industry

The trip to Los Angeles will include Spencer Chandra Herbert, minister of tourism, arts, culture and sport, Finance Minister Brenda Bailey and Nina Krieger, the Parliamentary secretary for arts and film.
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S&P/TSX composite inches higher on energy strength Wednesday, U.S. markets mixed

S&P/TSX composite inches higher on energy strength Wednesday, U.S. markets mixed

TORONTO — Canada's main stock index crept higher Wednesday thanks to strength in energy stocks, while U.S. stock markets were mixed, recovering from larger losses earlier in the day ahead of earnings from Nvidia expected after the bell.
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US charges billionaire Gautam Adani with defrauding investors, hiding plan to bribe Indian officials

US charges billionaire Gautam Adani with defrauding investors, hiding plan to bribe Indian officials

NEW YORK (AP) — An Indian businessman who is one of the world’s richest people has been indicted in the U.S.
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Competition Bureau investigating Leon's, The Brick for alleged deceptive marketing

Competition Bureau investigating Leon's, The Brick for alleged deceptive marketing

The Competition Bureau has obtained a court order in an investigation centering around whether Leon's Furniture Ltd. and its subsidiary The Brick deceptively marketed their products.
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