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Telus revises 2023 guidance, citing technology sector cost-cutting

Telus revises 2023 guidance, citing technology sector cost-cutting

VANCOUVER — Telus Corp. revised downward its annual guidance for 2023, citing demand pressures as the technology sector looks to cut costs.
Railway container shipments plummet due to B.C. port strike that's poised to end

Railway container shipments plummet due to B.C. port strike that's poised to end

MONTREAL — Railways suffered a sharp drop-off in container shipments this month as the strike by B.C. port workers — now poised to end after a tentative deal Thursday — halted more than half of steel-box cargo. Canadian National Railway Co.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,277.64, up 206.87): Hut 8 Mining Corp. (TSX:HUT). Finance. Up 89 cents, or 17.98 per cent, to $5.84 on 10.6 million shares.
First over-the-counter birth control pill gets FDA approval

First over-the-counter birth control pill gets FDA approval

WASHINGTON (AP) — Federal regulators on Thursday approved the nation's first over-the-counter birth control pill in a landmark decision that will soon allow American women and girls to obtain contraceptive medication as easily as they buy aspirin and
Got Sriracha? The price for a bottle of Huy Fong's iconic hot sauce gets spicy with supplies short

Got Sriracha? The price for a bottle of Huy Fong's iconic hot sauce gets spicy with supplies short

NEW YORK (AP) — It's not just you. Sriracha is hard to come by these days — at least for one popular brand.
S&P/TSX composite up more than 200 points, U.S. stock markets also rise

S&P/TSX composite up more than 200 points, U.S. stock markets also rise

TORONTO — Canada's main stock index gained more than 200 points Thursday, led by strength in tech, metals, financials and utilities, while U.S. markets also rose. The S&P/TSX composite index was up 206.87 points at 20,277.64.
High temperatures, high spending: How to manage summer spending on the rise

High temperatures, high spending: How to manage summer spending on the rise

TORONTO — The sun's out, the days are longer and for many, the wallet's feeling a bit lighter.
Calgary company partners with Adidas to produce CO2-embedded running shoes

Calgary company partners with Adidas to produce CO2-embedded running shoes

CALGARY — A Calgary-based technology company has paired up with Adidas in a partnership that will see the sneaker giant manufacture some of its shoes using ink embedded with captured carbon emissions.
Average asking price for Canadian rental unit hits record high in June: Rentals.ca

Average asking price for Canadian rental unit hits record high in June: Rentals.ca

TORONTO — The average asking price for a rental unit in Canada reached a record $2,042 last month amid continued interest rate hikes and population expansion, according to a new report by Rentals.ca and Urbanation.
By the numbers: What the latest interest rate hike means for your mortgage

By the numbers: What the latest interest rate hike means for your mortgage

This week, the Bank of Canada hiked interest rates yet again, raising its key interest rate by a quarter of a percentage point to 5 per cent, and the prime rate to 7.2 per cent.
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