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U.S. trade deficit rises to 12-year high $679 billion

U.S. trade deficit rises to 12-year high $679 billion

WASHINGTON — The U.S. trade deficit rose 17.7% last year to $679 billion, highest since 2008, as the coronavirus disrupted global commerce and confounded then-President Donald Trump's attempts to rebalance America's trade with the rest of the world.
Government financial support pushes Canadian insolvencies to lowest level in 20 years

Government financial support pushes Canadian insolvencies to lowest level in 20 years

OTTAWA — Canadian insolvency filings hit a 20-year low last year as government financial support offset the shock and economic uncertainty caused by COVID-19.
A sexy Alexa, Dan Levy's M&M habit: Super Bowl ads to watch

A sexy Alexa, Dan Levy's M&M habit: Super Bowl ads to watch

It might not have seemed likely early in the pandemic, but the 55th Super Bowl Sunday is upon us yet again. Each year advertisers pull out all the stops to entertain the crowd of 100 million viewers expected to tune in to the CBS broadcast on Sunday.
Statistics Canada says merchandise trade deficit narrowed to $1.7 billion in December

Statistics Canada says merchandise trade deficit narrowed to $1.7 billion in December

OTTAWA — Statistics Canada says the country's merchandise trade deficit narrowed to $1.7 billion in December, the smallest deficit since June, as energy exports rose.
Interfor eyes growth by acquisition as lumber prices lift fourth-quarter profits

Interfor eyes growth by acquisition as lumber prices lift fourth-quarter profits

CALGARY — The CEO of Interfor Corp. says profits from strong lumber markets mean the company is well-positioned to add to its stable of sawmills in Canada and the United States through acquisition. Ian Fillinger says the Burnaby, B.C.
'Taking comfort in a simpler time:' Super Bowl ads play it safe with nostalgic tone

'Taking comfort in a simpler time:' Super Bowl ads play it safe with nostalgic tone

Commercials during this year’s Super Bowl are expected to take on a nostalgic tone as advertisers walk a fine line between entertaining viewers and being sensitive to the widespread devastation of COVID-19, marketing experts say.
TransAlta CEO Dawn Farrell set to retire after leading switch away from coal power

TransAlta CEO Dawn Farrell set to retire after leading switch away from coal power

CALGARY — TransAlta Corp. says the CEO who supervised its transition away from a provincially focused provider of coal-fired power to an international utility with natural gas and renewable power generation plans to retire at the end of March.
Group wants foreign agricultural workers in N.B. to get priority on vaccine list

Group wants foreign agricultural workers in N.B. to get priority on vaccine list

FREDERICTON — The head of a group representing New Brunswick farmers wants temporary foreign workers included high on the COVID-19 vaccination list as a way to protect the province's food supply.
Here's a quick glance at unemployment rates for January, by Canadian city

Here's a quick glance at unemployment rates for January, by Canadian city

OTTAWA — The national unemployment rate was 9.4 per cent in January. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Here's a quick glance at unemployment rates for January, by province

Here's a quick glance at unemployment rates for January, by province

OTTAWA — Canada's national unemployment rate was 9.4 per cent in January. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 12.8 per cent (12.6) _ Prince Edward Island 7.
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