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Magna feels the pressure from bridge closure as auto sector's losses climb

Magna feels the pressure from bridge closure as auto sector's losses climb

AURORA, ONT. — Canadian auto parts manufacturer Magna International Inc. says it is beginning to feel the impact of the Ambassador Bridge blockades on its business.
Enbridge to settle on new Mainline tolling plan by summer: Monaco

Enbridge to settle on new Mainline tolling plan by summer: Monaco

CALGARY — Enbridge Inc. expects to settle on a new tolling plan for its Mainline pipeline system this summer, the Calgary-based company said Friday.
From Zendaya to Schwarzenegger, celebs pack Super Bowl ads

From Zendaya to Schwarzenegger, celebs pack Super Bowl ads

Who is your favorite celebrity? Chances are, they’re in a Super Bowl ad this year. While Super Bowl ads usually feature a bevy of big names, this year, advertisers have gone even further.
CAE reports $26.2M Q3 profit, down from $48.8M a year ago, revenue up

CAE reports $26.2M Q3 profit, down from $48.8M a year ago, revenue up

MONTREAL — CAE Inc. says its profit in its latest quarter fell compared with a year ago as its revenue climbed higher. The Montreal-based company says its net income attributable to equity holders fell to $26.
Honda suspends one production line for day shift at plant in Alliston, Ont.

Honda suspends one production line for day shift at plant in Alliston, Ont.

TORONTO — Honda Canada says it's temporarily suspending manufacturing on one production line during the day shift at its plant in Alliston, Ont., today due to border delays.
Biden to split frozen Afghan funds for 9/11 victims, relief

Biden to split frozen Afghan funds for 9/11 victims, relief

WASHINGTON (AP) — President Joe Biden is expected to issue an executive order on Friday to move some $7 billion of the Afghan central bank’s assets frozen in the U.S.
Toronto tech institute tracking long COVID with artificial intelligence, social media

Toronto tech institute tracking long COVID with artificial intelligence, social media

TORONTO — A Toronto tech institute is using artificial intelligence and social media to track and determine which long COVID symptoms are most prevalent.
Asian shares skid after hot price data point to rate hikes

Asian shares skid after hot price data point to rate hikes

BANGKOK (AP) — Shares were mostly lower Friday in Asia after a sell-off on Wall Street spurred by news that U.S. inflation jumped 7.
Every song he made: Sting sells music catalog to Universal

Every song he made: Sting sells music catalog to Universal

Sting is selling his music catalog, including hits he made with the Police and as a solo artist, joining a chorus of stars who are cashing in with investors who see value in licensing their songs.
Indigo earns $45.1M as sales improve in Q3, despite Omicron hit

Indigo earns $45.1M as sales improve in Q3, despite Omicron hit

TORONTO — Indigo Books and Music Inc. says it earned $45.1 million in the third quarter of its 2022 fiscal year, even as Omicron took a bite out of the critical Christmas shopping season. The Toronto-based retailer says it earned $1.