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S&P/TSX composite down 140 points, U.S. markets tick lower after economic reports

S&P/TSX composite down 140 points, U.S. markets tick lower after economic reports

TORONTO — Telecom, financial and utilities stocks led Canada's main stock index down on Thursday even as the price of oil rose, while U.S. markets eased lower as well after several economic reports. The S&P/TSX composite index closed down 140.
B.C. Mounties seize cache of stolen Lego, Jellycat toys, clothes worth $150,000

B.C. Mounties seize cache of stolen Lego, Jellycat toys, clothes worth $150,000

RICHMOND, B.C. — Mounties in Richmond, British Columbia, weren't playing around when they recovered a large haul of stolen Lego and plush toys that they say illuminates "dark corners of the retail theft sector.
Stock market today: Wall Street slips away from records after mixed data on the economy

Stock market today: Wall Street slips away from records after mixed data on the economy

NEW YORK (AP) — Stocks slipped away from their records following a mixed batch of economic reports. The S&P 500 fell 0.3% Thursday after giving up an earlier, modest gain. The Dow Jones Industrial Average lost 0.
Renters have harder time accumulating wealth than homeowners: RBC economist

Renters have harder time accumulating wealth than homeowners: RBC economist

TORONTO — Renters face daunting barriers in their attempts to build wealth as they're forced to devote an increasing share of their income to keeping a roof over their head, said an RBC report Thursday.
Oil shippers demand explanation from Trans Mountain for pipeline cost overruns

Oil shippers demand explanation from Trans Mountain for pipeline cost overruns

CALGARY — A group of oil shippers is asking the Canada Energy Regulator to compel the company behind the Trans Mountain pipeline expansion to provide them with a full and detailed breakdown of the project's escalating construction costs.
Documents show more companies, performers owed money by Just for Laughs

Documents show more companies, performers owed money by Just for Laughs

MONTREAL — Documents made public by an insolvency trustee show Montreal comedy festival Just for Laughs and affiliated companies owe millions of dollars in unpaid debts beyond what was included in a court filing last week. Groupe Juste pour rire inc.
Will Ottawa meet its fiscal target? Economists split as deficit tracks higher

Will Ottawa meet its fiscal target? Economists split as deficit tracks higher

OTTAWA — Finance Minister Chrystia Freeland has pledged that the government will meet its fiscal targets in the upcoming federal budget, but economists say achieving that goal will be challenging as the deficit tracks higher.
Empire says gap between discount and full-service narrowing as sales, earnings rise

Empire says gap between discount and full-service narrowing as sales, earnings rise

The parent company of Sobeys is looking ahead to sunnier economic times, betting the shift to discount grocery stores that’s been boosting sales industry-wide won’t be permanent.
Manufacturing sales up 0.2 per cent in January: Statistics Canada

Manufacturing sales up 0.2 per cent in January: Statistics Canada

OTTAWA — Canada's manufacturing industry saw a slight lift in January as sales edged upward, the country's data agency said Thursday. Statistics Canada's latest data shows manufacturing sales rose 0.2 per cent to $71.
Third test flight of SpaceX's mega rocket ends with loss of spacecraft

Third test flight of SpaceX's mega rocket ends with loss of spacecraft

SpaceX’s mega rocket blasted off on another test flight Thursday and made it farther than two previous attempts, but the spacecraft was lost as it descended back to Earth.