Categories
Canada

Prominent Canadian lawyer to lead review of Gymnastics Canada in wake of abuse allegations | CBC Sports

Richard McLaren, who led investigations into Russian doping and corruption in the International Weightlifting Federation, will create Gymnastics Canada’s culture review roadmap after athletes spoke out about abusive practices. McLaren Global Sport Solutions, headed by Canadian law professor McLaren, said Thursday it will work with Gymnastics Canada as the national governing body seeks changes that […]

Categories
Canada

Rogers Communications says it will sell Freedom Mobile to Quebecor for $2.85B | CBC News

Quebecor Inc. has agreed with Rogers Communications Inc. and Shaw Communications Inc. to buy Freedom Mobile for an enterprise value of $2.85 billion, the companies said on Friday. The deal comes after the antitrust regulator reiterated that it opposed Rogers’ plan to purchase Shaw, and is subject to approval by Canada’s competition watchdog and the […]

Categories
Canada

Canada authorizes Pfizer COVID-19 booster for 16- and 17-year-olds | CBC News

Canada on Wednesday authorized a single booster shot of Pfizer and partner BioNTech’s COVID-19 vaccine for 16- and 17-year-olds. Regulator Health Canada had cleared an extra dose of the vaccine for people 18 and older in November last year. The booster is meant to be administered six months after the primary two-dose series. The decision […]

Categories
Canada

Forecasters call for the 7th year of above-average Atlantic storms | CBC News

The Atlantic hurricane season is poised to deliver another round of above-normal storms for the seventh consecutive year, according to both Environment and Climate Change Canada (ECCC) and the National Oceanic and Atmospheric Administration (NOAA). The two weather forecasters released their predictions on Tuesday, estimating that 14 to 21 named storms and three to six major hurricanes […]

Categories
Canada

Amid record-high national gas prices, Calgary’s Suncor triples profits in a year | CBC News

Oilsands giant Suncor Energy says it’s more than tripled its earnings compared to the same period last year, jumping from $821 million to $2.95 billion in the first quarter. Earnings were propelled by the Russian invasion of Ukraine in February, which has driven the price for global oil higher as the EU proposes cutting off buying Russian oil imports. That […]

Categories
Canada

Fearful over sanctions amid Ukraine war, Chinese energy giant CNOOC may pull out of Canada | CBC News

China’s top offshore oil and gas producer CNOOC Ltd. is preparing to exit its operations in Britain, Canada and the United States, because of concerns in Beijing the assets could become subject to sanctions, industry sources told Reuters. Ties between China and the West have long been strained by trade and human rights issues and the […]

Categories
Canada

Alberta oil can be a solution to U.S. energy supply crunch, says minister | CBC News

Alberta, Canada’s main oil-producing region, can help alleviate the global oil supply crunch caused by energy disruptions, Alberta’s Energy Minister Sonya Savage said on Sunday. Alberta has some spare pipeline and rail capacity and can move more oil to the United States, Savage said in Houston ahead of the CERAWeek energy conference by S&P Global. Oil […]

Categories
Canada

Wheat prices hit 14-year highs after Russian invasion of Ukraine | CBC News

Russia’s invasion of Ukraine, often called the “breadbasket of Europe,” has driven wheat prices to 14-year highs, forcing bread consumers to eat the cost. Russia’s Feb. 24 invasion has severely hampered trade from Black Sea ports, driving up global Chicago benchmark wheat prices by 40 per cent and further pushing global food inflation that was already […]

Categories
Canada

Canada’s economy was growing at 6.7% pace at the end of 2021 | CBC News

The Canadian economy mostly started 2022 on strong footing, despite the impact of the Omicron coronavirus variant and protests that shut down key border crossings, as fourth quarter growth came in above expectations, official data showed on Tuesday. Canada’s economy grew 6.7 per cent in the fourth quarter on an annualized basis, beating analyst expectations of […]

Categories
Canada

Thousands of Hong Kong hotels identified as COVID-19 quarantine centres | CBC News

The latest: Hong Kong has identified more than 20,000 hotel rooms for quarantine accommodation, leader Carrie Lam said on Friday, as property developers piled in to show support for the global financial hub as it battles a surge in COVID-19 cases. Lam said 21 hotels had expressed interest in turning their facilities into isolation venues, […]