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Yukon government takes over Minto Mine after company ceases operations

Yukon government takes over Minto Mine after company ceases operations

WHITEHORSE — The Yukon government says it’s focused on protecting the environment after taking control of the Minto Mine located on Selkirk First Nation territory.
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Microsoft's bid to buy Activision Blizzard clears a key hurdle. But the $69B deal is still at risk

Microsoft's bid to buy Activision Blizzard clears a key hurdle. But the $69B deal is still at risk

LONDON (AP) — The European Union on Monday approved Microsoft’s $69 billion purchase of video game maker Activision Blizzard, deciding the deal won’t stifle competition for popular console titles like Call of Duty and accepting the U.S.
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Risk of shock to financial system down, but concerns linger: Bank of Canada survey

Risk of shock to financial system down, but concerns linger: Bank of Canada survey

OTTAWA — Risk management experts believe the likelihood of a shock that could impair the Canadian financial system has decreased since last year, but concern remains around geopolitical tensions, high inflation, unemployment and household debt burden
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Travel, tourism sectors set for major recovery this year — but business spending lags

Travel, tourism sectors set for major recovery this year — but business spending lags

MONTREAL — Canada's travel and tourism sector is poised for a big post-pandemic rebound, according to a report from the World Travel and Tourism Council. The industry is set to contribute $162.
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New beverage fee rollout delayed, but retail group says producers should absorb fee

New beverage fee rollout delayed, but retail group says producers should absorb fee

TORONTO — Grocery industry advocates say new rules to make companies pay to recycle packaging they put into the market in Ontario could simply shift costs from communities to consumers in the coming months.
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April's national home sales up 11.3% from March, supply at 20-year low: CREA

April's national home sales up 11.3% from March, supply at 20-year low: CREA

National home sales jumped by 11.3 per cent between March and April as the real estate market picked up again, but supply remained at a 20 year-low, the Canadian Real Estate Association said Monday.
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CMHC reports annual pace of housing starts up 22% in April

CMHC reports annual pace of housing starts up 22% in April

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in April rose 22 per cent compared with March, powered by an increase in starts of multi-unit urban homes.
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Advocates urge provinces to follow Quebec's lead in crackdown on illegal Airbnbs

Advocates urge provinces to follow Quebec's lead in crackdown on illegal Airbnbs

More provinces should follow Quebec's lead in seeking to hold short-term rental platforms such as Airbnb accountable for uncertified listings, advocates say.
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Centerra Gold reports US$73.5-million Q1 loss compared with profit a year earlier

Centerra Gold reports US$73.5-million Q1 loss compared with profit a year earlier

TORONTO — Centerra Gold Inc. reported a US$73.5-million loss in its first quarter compared with a profit of US$89.4 million in the same quarter last year. The Toronto-based gold miner, which keeps its books in U.S.
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Statistics Canada says wholesale sales excluding petroleum down 0.1 per cent in March

Statistics Canada says wholesale sales excluding petroleum down 0.1 per cent in March

OTTAWA — Statistics Canada says wholesale sales excluding petroleum fell 0.1 per cent to $85.6 billion in March, led by a drop in the miscellaneous subsector and the machinery equipment and supplies subsector.
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