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Technology dropoff pushes TSX lower despite financials gains on strong bank results

Technology dropoff pushes TSX lower despite financials gains on strong bank results

TORONTO — A falling technology sector pushed Canada's main stock index lower to offset strong bank results that lifted the heavyweight financials. "It's certainly a trend now after we had a really, really nice run up since November.
Estee Lauder to buy Canadian skincare company Deciem at US$2.2-billion valuation

Estee Lauder to buy Canadian skincare company Deciem at US$2.2-billion valuation

The Estee Lauder Cos Inc. has struck a deal to buy Canadian skincare company Deciem Beauty Group Inc. at a valuation of US$2.
Industry pleased as B.C. permanently allows restaurants to buy wholesale liquor

Industry pleased as B.C. permanently allows restaurants to buy wholesale liquor

VANCOUVER — British Columbia will permanently allow restaurants, bars and tourism operators to buy liquor at wholesale prices, a move that industry hopes will help revive the struggling sector.
Bank of Canada monitoring hot housing market amid early warning signs: Macklem

Bank of Canada monitoring hot housing market amid early warning signs: Macklem

OTTAWA — Bank of Canada governor Tiff Macklem says the central bank is seeing early signs that people may be purchasing homes solely because they believe prices may go up.
Investors cheer as BMO, Scotiabank profits show gains from pre-pandemic levels

Investors cheer as BMO, Scotiabank profits show gains from pre-pandemic levels

TORONTO — RBC and National Bank of Canada will have tough acts to follow when they report financial results on Wednesday, one day after BMO and Scotiabank said on that their businesses were better off than before the COVID-19 pandemic.
Bombardier says confidential information was exposed in recent data breach

Bombardier says confidential information was exposed in recent data breach

MONTREAL — Bombardier says it has been the target of a cybersecurity breach that compromised confidential information related to its employees, customers and suppliers.
Disney Plus makes a play for adult viewers with Star, but don't expect all Hulu hits

Disney Plus makes a play for adult viewers with Star, but don't expect all Hulu hits

TORONTO — Disney Plus is introducing viewers to its older sibling: a new streaming hub named Star.
New Brunswick auditor general says NB Power must make debt reduction a priority

New Brunswick auditor general says NB Power must make debt reduction a priority

FREDERICTON — New Brunswick's auditor general says NB Power needs to make reducing its $4.9-billion debt a priority, adding that credit rating agencies are taking notice of the utility's liabilities.
Keystone XL 'clarity' boosts Gibson Energy diluent recovery project, says CEO

Keystone XL 'clarity' boosts Gibson Energy diluent recovery project, says CEO

CALGARY — The CEO of Gibson Energy Inc.
Windsor could close migrant farm worker isolation hotel, warns of funding shortfall

Windsor could close migrant farm worker isolation hotel, warns of funding shortfall

TORONTO — The mayor of Windsor, Ont., says the city may have to close a COVID-19 isolation centre for migrant farm workers after a shift in federal support created a $2 million funding shortfall.
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