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Proposed Toronto-Chicago rail corridor draws attention, as Via tempers expectations

Proposed Toronto-Chicago rail corridor draws attention, as Via tempers expectations

The mayor of Windsor, Ont., has drawn renewed attention to a push from Amtrak and Via Rail to link their lines across the U.S.-Canada border and revive passenger service between Toronto and Chicago before the decade is out.
Sun Life increasing focus on partnerships as part of expansion efforts

Sun Life increasing focus on partnerships as part of expansion efforts

TORONTO — Sun Life Financial Inc. is increasing its focus on partnerships as it looks to further expand, especially in Asian markets.
Real estate market notches downward amid climbing interest rates, association says

Real estate market notches downward amid climbing interest rates, association says

VANCOUVER — British Columbia real estate sales and prices bumped up slightly in October compared with a year ago in what is being described as a balanced market. Figures from the B.C.
Fire-damaged Los Angeles freeway repairs will take three to five weeks, California governor says

Fire-damaged Los Angeles freeway repairs will take three to five weeks, California governor says

LOS ANGELES (AP) — It will take at least three weeks to repair a Los Angeles freeway damaged in an arson fire, the California governor said Tuesday, leaving the city already accustomed to soul-crushing traffic without part of a vital artery that serv
US consumer inflation eased in October, driven lower by cheaper gas, cars and airfares

US consumer inflation eased in October, driven lower by cheaper gas, cars and airfares

WASHINGTON (AP) — Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedeviled consumers for the past two years.
Parkland expects $6B in cumulative available cash flow from 2024 to 2028

Parkland expects $6B in cumulative available cash flow from 2024 to 2028

CALGARY — Parkland Corp. says it expects $6 billion in cumulative available cash flow from 2024 to 2028 that it plans to use to fund dividends, share buybacks, growth and debt reduction.
Stock market today: Wall Street leaps after report shows inflation cooling

Stock market today: Wall Street leaps after report shows inflation cooling

NEW YORK (AP) — Stocks are leaping after a report on U.S. inflation sent waves of relief through Wall Street. The S&P 500 was 1.4% higher in early trading Tuesday and near its best level in two months.
Aimia Inc. reports Q3 loss compared with profit a year ago

Aimia Inc. reports Q3 loss compared with profit a year ago

TORONTO — Aimia Inc. reported a loss in its latest quarter compared with a profit a year ago when its results were boosted by the sale of its stake in the PLM loyalty program.
Exxon Mobil is drilling for lithium in Arkansas and expects to begin production by 2027

Exxon Mobil is drilling for lithium in Arkansas and expects to begin production by 2027

LITTLE ROCK, Ark. (AP) — Exxon Mobil on Monday announced it's drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027.
Sun Life sees net income rise in third quarter to $871 million

Sun Life sees net income rise in third quarter to $871 million

TORONTO — Sun Life Financial Inc. says net income for the third quarter was $871 million, up from $111 million a year earlier. The Toronto-based company says earnings per share were $1.48, up from 19 cents during the third quarter last year.
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