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Exclusive: U.S. preparing new sanctions to impede Russia's Nord Stream 2 pipeline
Reuters
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Trump's COVID bill delay leaves millions of desperate Americans in limbo
Reuters
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Novelist Yu Miri: Olympics not helping Fukushima rebuilding
The Canadian Press
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Canada's retail landscape is undergoing fundamental changes: fashion guru Joe Mimran
Financial Post
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Supreme Court declines to hear bid for injunction in flight refund case
The Canadian Press
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![]({"default":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1cb66A.img?h=350&w=624&m=6&q=60&u=t&o=t&l=f&f=jpg"} "Supreme Court declines to hear bid for injunction in flight refund case - Provided by The Canadian Press")
![]({"default":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1cbgwe.img?h=174&w=300&m=6&q=60&u=t&o=t&l=f&f=jpg"} "FILE PHOTO: Bull and bear symbols for successful and bad trading are seen in front of the German sto... - Reuters/KAI PFAFFENBACH")
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Consumer spending drops 0.4%, first decline since April
WASHINGTON — U.S. consumer spending fell 0.4% in November, the first decline since April, as Americans confronted a newly resurgent virus. The decline followed a 0.3% gain in October and even bigger increases starting in May, the Commerce Department reported Wednesday, a period when the country was emerging from lockdowns intended to halt the spread of COVID-19. There was a massive 12.7% decline because of that in April. Also, personal incomes...
The Canadian Press Money
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S&P/TSX composite up as energy and metals and mining sectors rise
TORONTO — Canada's main stock index climbed higher in late-morning trading as the price of oil rose and the energy and metals and mining sectors moved up. The S&P/TSX composite index was up 56.73 points at 17,609.19. In New York, the Dow Jones industrial average was up 219.71 points at 30,235.22. The S&P 500 index was up 16.94 points at 3,704.20, while the Nasdaq composite was down 5.19 points at 12,802.73. The Canadian dollar traded for 77.85...
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Canada’s Economy Experiencing ‘Calm Before The Winter Storm’ As New Lockdowns Take Hold
Canada’s economy did a little better than expected this fall, but a string of new pandemic lockdown measures announced in several provinces in recent days could stop the rebound in its tracks, economists say. The economy grew by 0.4 per cent in October, Statistics Canada said in a report Wednesday, and its preliminary “flash estimate” for November suggested the same pace of growth. That’s marginally better than what economists had been...
HuffPost Canada Money
![]({"default":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1cb54a.img?h=174&w=300&m=6&q=60&u=t&o=t&l=f&f=jpg"} "Canada’s Economy Experiencing ‘Calm Before The Winter Storm’ As New Lockdowns Take Hold - Provided by HuffPost Canada")
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A season of fear, not cheer, as virus changes Christmas
Montserrat Parello lost her husband eight years ago, and Christmas gatherings with children and grandchildren had helped her deal with her loneliness. But this year, the 83-year-old will be alone for the holiday at her home in Barcelona, due to the risk of infection from the coronavirus. “In these days of pandemic, I feel loneliness and anger,” Parello said, expressing fears that “I will leave this life devoid of affection, of warmth.” All most...
![]({"default":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1cac8b.img?h=174&w=300&m=6&q=60&u=t&o=t&l=f&f=jpg"} "A season of fear, not cheer, as virus changes Christmas - Provided by The Canadian Press")
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$38M for Hibernia from oil recovery fund to restart work on rig
The Hibernia offshore platform will be getting $38 million from the oil and gas industry recovery fund in order to restart work on the rig, create more jobs after a year of layoffs and downturn, and extend the life of the project, it was announced Wednesday.
cbc.ca Money
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US layoffs remain elevated as 803,000 seek jobless aid
WASHINGTON — The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs. The latest figure, released Wednesday by the Labor Department, shows that many employers are still cutting jobs as the pandemic tightens business restrictions and...
![]({"default":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1cbdKD.img?h=174&w=300&m=6&q=60&u=t&o=t&l=f&f=jpg"} "US layoffs remain elevated as 803,000 seek jobless aid - Provided by The Canadian Press")
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Showdown 2021: Green energy has taken centre stage, but oil may yet steal investors' hearts back
CALGARY — After years as the favourite investment vehicle for funds seeking energy exposure, Big Oil was dethroned by Big Green in a big way in 2020. The year saw the oil-and-gas industry shrink to historic lows on North American markets — in April, it made up just three per cent of the S&P 500, a dramatic comedown from the 15 per cent level at which it stood a decade ago. Many green energy investments, meanwhile, from electric-vehicle makers to...
Financial Post Money
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Magna to form joint venture with LG Electronics to build electric car components
AURORA, Ont. — Shares of Magna International Inc. jumped higher in early trading after the company announced a deal with LG Electronics to create a joint venture to build components for electric cars. Shares in the Canadian auto parts company were up $6.92 or about eight per cent at $92.59 on the Toronto Stock Exchange. Magna said Tuesday the venture will manufacture e-motors, inverters and on board chargers and, for certain automakers, related...
![]({"default":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1caYj3.img?h=174&w=300&m=6&q=60&u=t&o=t&l=f&f=jpg"} "Magna to form joint venture with LG Electronics to build electric car components - Provided by The Canadian Press")
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President of NB Liquor and Cannabis NB resigns and returns to private sector
FREDERICTON — The president of NB Liquor and Cannabis NB has resigned after 16 months on the job. The Crown corporation said in a news release that Patrick Parent has decided to return to the private secor in a CEO role. During Parent's time at the corporation, Cannabis NB went from a money-loser to a moneymaker. Parent says his decision to leave was not easy and he's proud of the "tenacity and resiliency" of the employees, especially during the...
![]({"default":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1cbd6G.img?h=174&w=300&m=6&q=60&u=t&o=t&l=f&f=jpg"} "President of NB Liquor and Cannabis NB resigns and returns to private sector - Provided by The Canadian Press")
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Dominion worker sues Trump campaign and conservative media
NEW YORK — An election systems worker driven into hiding by death threats has filed a defamation lawsuit against President Donald Trump's campaign, two of its lawyers and some conservative media figures and outlets. Eric Coomer, security director at the Colorado-based Dominion Voting Systems, said he wants his life back after being named in false charges as a key actor in “rigging” the election for President-elect Joe Biden. There has been no...
![]({"default":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1caK2C.img?h=174&w=300&m=6&q=60&u=t&o=t&l=f&f=jpg&x=195&y=92"} "Dominion worker sues Trump campaign and conservative media - Provided by The Canadian Press")
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2020 Hindsight – Matthew Lau: Progressives' year of planning blindly
2020 Hindsight: We asked several regular contributors to write about 2020. Not to review our annus horribilis — most of us hope to forget it as quickly as possible — but to tell us what particularly struck them about it, whether in policy, politics, arts, culture or life as they and we all lived it. Today: Matthew Lau. It has been a busy year for progressives. At the start of the year, Justin Trudeau was lecturing people on standing up for...
![]({"default":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1caZPQ.img?h=174&w=300&m=6&q=60&u=t&o=t&l=f&f=jpg"} "2020 Hindsight – Matthew Lau: Progressives' year of planning blindly - Provided by Financial Post")
![]({"default":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1aLoVg.img?h=174&w=300&m=6&q=60&u=t&o=t&l=f&f=jpg"} "A sign on an anonymous shop indicating the business is temporarily closed due to COVID-19. - Justin Tang / Canadian Press")
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2020 Hindsight – Laura Jones: After every storm comes a rainbow
2020 Hindsight: We asked several regular contributors to write about 2020. Not to review our annus horribilis — most of us hope to forget it as quickly as possible — but to tell us what particularly struck them about it, whether in policy, politics, arts, culture or life as they and we all lived it. Today: Laura Jones. Just before COVID-19 restrictions changed our lives, I visited Zion national park in Utah with my mother and sister to celebrate...
![]({"default":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1caZeA.img?h=174&w=300&m=6&q=60&u=t&o=t&l=f&f=jpg"} "2020 Hindsight – Laura Jones: After every storm comes a rainbow - Provided by Financial Post")
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