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AIMCo's balanced fund earned 8.0% in 2023, falls short of benchmark

AIMCo's balanced fund earned 8.0% in 2023, falls short of benchmark

EDMONTON — Alberta Investment Management Corp. says its balanced fund earned a net return of 8.0 per cent for 2023, short of its benchmark return of 9.3 per cent. The investment manager says its public equity investments earned 15.
Supreme Court will take up the legal fight over ghost guns, firearms without serial numbers

Supreme Court will take up the legal fight over ghost guns, firearms without serial numbers

WASHINGTON (AP) — The Supreme Court agreed on Monday to take up a Biden administration appeal over the regulation of difficult-to-trace ghost guns that had been struck down by lower courts.
Stock market today: Wall Street opens higher following a 3-week losing streak

Stock market today: Wall Street opens higher following a 3-week losing streak

NEW YORK (AP) — Wall Street is opening higher following a three-week losing streak. The S&P 500 was up 0.5% early Monday, coming off its longest weekly losing streak since September.
Descartes Systems buys Aerospace Software Developments

Descartes Systems buys Aerospace Software Developments

TORONTO — Descartes Systems Group said it has acquired Aerospace Software Developments in a deal worth about $83 million. Under the transaction, Descartes will pay a total of about 57 million euros for the Dublin-based company.
Deal to protect ranch from development means family can keep raising cattle there

Deal to protect ranch from development means family can keep raising cattle there

LETHBRIDGE, Alta.
'Junk fees' or flexible flying? Passenger charges fuel profits — and travellers' ire

'Junk fees' or flexible flying? Passenger charges fuel profits — and travellers' ire

MONTREAL — Jay Sorensen flies both business class and economy.
Critics question Liberals' falling cellphone price claims, budget promises

Critics question Liberals' falling cellphone price claims, budget promises

As the federal government touts measures meant to curb the cost of Canadians' cellphone bills, some say there is a disconnect between what consumers are paying and the rhetoric surrounding price declines.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Railway earnings The country's two biggest railway companies will report their first-quarter results this week. Canadian National Railway Co.
What Australia and the U.K.'s grocery codes can teach us about Canada's food fight

What Australia and the U.K.'s grocery codes can teach us about Canada's food fight

Progress on a Canadian grocery code of conduct has stalled as two major retailers refuseto sign it, claiming it will raise prices.
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon

The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon

WASHINGTON (AP) — The House passed legislation Saturday that would ban TikTok in the United States if the popular social media platform's China-based owner doesn’t sell its stake within a year, but don't expect the app to go away anytime soon.
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