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BoC scenarios show financial sector exposed to potential climate transition shocks

BoC scenarios show financial sector exposed to potential climate transition shocks

Canada’s financial sector could be exposed to significant economic shocks from the transition to lower emissions according to early scenario modelling from the Bank of Canada and the banking regulator.
Cyberattack in Ukraine targets government websites

Cyberattack in Ukraine targets government websites

KYIV, Ukraine (AP) — A cyberattack left a number of Ukrainian government websites temporarily unavailable Friday, officials said.
Industrial output falls 0.1% unexpectedly amid supply issues

Industrial output falls 0.1% unexpectedly amid supply issues

WASHINGTON (AP) — U.S. industrial production fell 0.1% in December, the first decline since September, with manufacturers still struggling with snarled supply chains.
Big Rock Brewery chief financial officer resigning effective Feb. 11

Big Rock Brewery chief financial officer resigning effective Feb. 11

CALGARY — Big Rock Brewery Inc. says its chief financial officer is resigning, effective Feb. 11. The Calgary-based brewer says Don Sewell is stepping down from his position to take a new job in a different industry.
December retail sales fall 1.9% after early holiday rush

December retail sales fall 1.9% after early holiday rush

NEW YORK (AP) — Americans, beset by product shortages, rising prices and the arrival of omicron, sharply cut their spending in December after a burst of early spending in the fall boosted this year's holiday shopping season.
China's trade surplus surges to record $676.4B in 2021

China's trade surplus surges to record $676.4B in 2021

BEIJING (AP) — China’s politically volatile global trade surplus surged to $676.4 billion in 2021, likely the highest ever for any country, as exports jumped 29.9% over a year earlier despite semiconductor shortages that disrupted manufacturing.
Supreme Court halts COVID-19 vaccine rule for US businesses

Supreme Court halts COVID-19 vaccine rule for US businesses

WASHINGTON (AP) — The Supreme Court has stopped a major push by the Biden administration to boost the nation's COVID-19 vaccination rate, a requirement that employees at large businesses get a vaccine or test regularly and wear a mask on the job.
Cogeco Communications Q1 profit flat despite revenue boost from U.S., Cdn operations

Cogeco Communications Q1 profit flat despite revenue boost from U.S., Cdn operations

MONTREAL — Cogeco Communications Inc. says its net earnings were flat in its latest quarter despite higher revenues following a U.S. acquisition. The Montreal-based company says profits attributable to shareholders were $106.8 million or $2.
Microsoft opens harassment investigation sought by investors

Microsoft opens harassment investigation sought by investors

SEATTLE — Microsoft said Thursday it is opening an inquiry into how it responds to workplace sexual harassment and gender discrimination, including its handling of allegations about co-founder Bill Gates.
Ottawa to go ahead with trucker vaccine mandate after stating it would scrap it

Ottawa to go ahead with trucker vaccine mandate after stating it would scrap it

MONTREAL — The federal government says the vaccine mandate for truckers crossing into Canada from the United States will come into effect this Saturday as planned, despite a previous statement from the Canada Border Services Agency that said Canadian