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The Canadian Press

Gas prices take big jump

CALGARY—Western Canada is being hit with the twin pains of the lowest prices for heavy crude in years alongside a significant spike in gasoline prices following a shutdown at a major U.S. refinery.

Much of Canada west of Ontario saw gasoline prices jump 15 cents a litre last week for one of the biggest increases on record, says Dan McTeague, a senior petroleum analyst at

Half of post-secondary students worried about debt, job after graduating: poll

TORONTO — Worry over tuition and living expenses is dogging almost half of post-secondary students as they head back to school.

They’re also afraid they won’t be able to pay back debt once they graduate because they’re concerned about finding a well-paying job, a poll issued by CIBC (TSX: CM) shows.

CPP contributions offset small loss on investments in busy deal-making quarter

TORONTO — The CPP Fund had a small investment loss after costs in the first quarter of the 2016 financial year but the retirement fund’s assets increased by $4 billion overall because of contributions from the Canada Pension Plan.

The Canada Pension Plan Investment Board says the CPP Fund had $268.6 billion of net assets as of June 30, up from $264.6 billion a year earlier.

Rail versus Pipe: new Fraser Institute report says pipelines safer than rail

CALGARY — TransCanada (TSX:TRP) is pointing to a new study on how pipeline safety stacks up against rail to show why two of its controversial projects should be built.

According to the report by the Fraser Institute released Thursday, the rate of incidents or accidents per million barrels of transported crude is 4.5 times higher for rail than for pipelines.

Spending quality time in kitchen with kids a fantastic way to bond and have fun

TORONTO — Winning “MasterChef Junior” was a huge thrill for Logan Guleff. But the 13-year-old is also immensely proud that he’s inspired kids in many countries to cook.

The blond bowtie-wearing cooking sensation won the second season of the U.S. culinary competition series at age 11.