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Backlog of air passenger complaints tops 57,000, hitting new peak

Backlog of air passenger complaints tops 57,000, hitting new peak

MONTREAL — The backlog of air passenger complaints at Canada’s transport regulator has hit a new high topping 57,000, as dissatisfaction over cancellations and compensation persist three and a half years after the outbreak of the COVID-19 pandemic.
Unifor says likelihood of strike at Ford increasing as deadline approaches

Unifor says likelihood of strike at Ford increasing as deadline approaches

TORONTO — Unifor says the likelihood of a strike at Ford Motor Co. is increasing as the expiry of the current contract approaches without a deal in place.
Indigo founder Heather Reisman returns as CEO of retailer

Indigo founder Heather Reisman returns as CEO of retailer

TORONTO — The woman who built Indigo Books & Music Inc. into a Canadian retail juggernaut is returning to the helm of the company just weeks after her retirement.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,492.83, down 129.51 points): TC Energy Corp. (TSX:TRP). Energy. Down 41 cents, or 0.81 per cent, to $50.27 on 14.5 million shares.
TSX declines, U.S. stock markets flat as U.S. Federal Reserve rate decision looms

TSX declines, U.S. stock markets flat as U.S. Federal Reserve rate decision looms

TORONTO — Losses in technology and base metal stocks helped lead a broad-based decline as Canada's main stock index fell almost 130 points, while U.S. stock markets lost steam midway through the trading day to essentially end flat.
Stock market today: Wall Street drifts ahead of Fed's next meeting on interest rates

Stock market today: Wall Street drifts ahead of Fed's next meeting on interest rates

NEW YORK (AP) — U.S. stocks edged higher as Wall Street makes few big moves in advance of the Federal Reserve’s next meeting on interest rates. The S&P 500 closed virtually unchanged Monday.
Oil execs at World Petroleum Congress see global demand growing, not falling

Oil execs at World Petroleum Congress see global demand growing, not falling

CALGARY — Chief executives of the some of the world's biggest fossil fuel companies are meeting in Canada this week, united in their stance that "peak oil" isn't about to put them out of business anytime soon.
Rogers urged minister to not turn off its customers' access to 5G network on TTC

Rogers urged minister to not turn off its customers' access to 5G network on TTC

TORONTO — Before Industry Minister François-Philippe Champagne ruled Rogers Communications Inc.
Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'

Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'

WASHINGTON (AP) — Since Federal Reserve officials last met in July , the economy has moved in the direction they hoped to see: Inflation continues to ease , if more slowly than most Americans would like, while growth remains solid and the job market
BMO to shutter indirect retail auto finance business as bad debt mounts

BMO to shutter indirect retail auto finance business as bad debt mounts

MONTREAL — BMO Financial Group plans to close its indirect retail auto finance business in order to reroute resources, as borrowers dig deep to stay on top of recent interest rate hikes.
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