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Loonie moves up as inflation ticks higher, TSX ends lower along with U.S. markets

Loonie moves up as inflation ticks higher, TSX ends lower along with U.S. markets

TORONTO — Stock indexes in Canada and the U.S. closed down while the loonie surged higher after Statistics Canada reported the annual inflation rate in June hit its highest mark in more than six years. The Canadian dollar averaged 76.
Teamsters Canada Rail Conference members vote in favour of CP Rail agreement

Teamsters Canada Rail Conference members vote in favour of CP Rail agreement

CALGARY — The Teamsters Canada Rail Conference says members have voted about 65 per cent in favour of a four-year deal with Canadian Pacific Railway Ltd.
Suspect confesses in killing of Olympic figure skater

Suspect confesses in killing of Olympic figure skater

MOSCOW — One of two men detained in Kazakhstan on suspicion of killing Olympic figure skating medallist Denis Ten has confessed, authorities said Friday.
Aimia shares surge after it announced Aeroplan program changes in 2020

Aimia shares surge after it announced Aeroplan program changes in 2020

MONTREAL — Aeroplan's parent company received its biggest boost since announcing a change in CEO in April after its shares surged more than eight per cent Friday after it unveiled changes to the loyalty program once its exclusive partnership with Air

La Maison Simons acquires men's shaving and grooming retailer Rituels.ca

QUEBEC — La Maison Simons has acquired Rituels.ca, a Quebec City-based retailer of shaving and grooming products and accessories for men. Financial terms of the deal were not immediately available.
California sues over Trump halt to truck pollution rule

California sues over Trump halt to truck pollution rule

SAN FRANCISCO — California and 14 other states sued the U.S. Environmental Protection Agency Thursday over its decision to suspend an Obama-era rule aimed at limiting pollution from trucks.
Trump slams rate increases by independent Federal Reserve

Trump slams rate increases by independent Federal Reserve

WASHINGTON — President Donald Trump on Thursday cast aside concerns about the Federal Reserve's independence, saying he was "not happy" with the Fed's recent interest rate increases.

Mark Wahlberg buying auto dealership in Ohio

COLUMBUS, Ohio — Mark Wahlberg wants you to see the U.S.A. in a Chevrolet. The 47-year-old actor, producer, businessman and former rapper on Thursday announced he's launching his first car dealership, Mark Wahlberg Chevrolet in Columbus, Ohio.
Oregon wheat farmers try to stop fire that's consuming crops

Oregon wheat farmers try to stop fire that's consuming crops

PORTLAND, Ore. — Farmers rushed to save their livelihoods as a wildfire roared through vast Oregon wheat fields Thursday and crushed their hopes at the peak of what was expected to be one of the most bountiful harvests in years.
Aimia to launch Aeroplan charter airline after end of Air Canada partnership

Aimia to launch Aeroplan charter airline after end of Air Canada partnership

MONTREAL — Aeroplan aims to get into the airline business by offering charter flights to its most popular destinations as the loyalty program prepares for the end of its exclusive partnership with Air Canada in 2020.
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