OTTAWA — Canada’s annual inflation rate picked up its pace in April ‚Äî a month that saw stronger price pressures from gasoline in provinces that have new carbon-pricing systems.
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CALGARY — Onex Corp. has signed a friendly deal to buy WestJet Airlines Ltd. in an all-cash transaction it valued at $5 billion, including assumed debt.
Under the agreement announced Monday, Onex will pay $31 per share for WestJet, which will operate as a privately held company.
NEW YORK — Amazon, which is racing to deliver packages faster, is turning to its employees with a proposition: Quit your job and we’ll help you start a business delivering Amazon package.
LONDON—Archie Harrison Mountbatten-Windsor slept through his first press conference, but royal experts say the merino wool wrap in which he snuggled said a lot about how his parents, Prince Harry and Meghan, the Duchess of Sussex, will approach his future.
Meghan, a former TV star, is known for promoting social causes and niche brands with her clothing choices.
RENO, Nev.—Forensic genealogists followed a trail built on decades-old DNA evidence to help determine the identity of a woman whose body was found near a Lake Tahoe hiking trail in 1982 and her killer, investigators said Tuesday.
Health Canada is changing its process for issuing cannabis licences, in a bid to reduce wait times, after a review found a “significant amount” of its resources was used to approve numerous applications for facilities that have yet to materialize years later.
Boeing said Sunday that it discovered after airlines had been flying its 737 Max plane for several months that a safety alert in the cockpit was not working as intended, yet it didn’t disclose that fact to airlines or federal regulators until after one of the planes crashed.
OTTAWA—Statistics Canada says the economy contracted in February after showing strong growth in January.
The agency says gross domestic product pulled back 0.1 percent in February as both goods-producing and services-producing industries declined. Growth in January was 0.3 percent.
Panama — An intense drought related to this year’s El Nino phenomenon has precipitously lowered the level of Panama’s Gatun Lake, forcing the country’s Canal Authority to impose draft limits this week on ships moving through the waterway’s recently expanded locks.
The average value of Canadian farmland rose nearly seven per cent last year, according to a new report, but that growth rate is likely to be cut in half over 2019 amid ongoing canola trade issues with China.