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Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue. Spirit, the biggest U.S.
Slightly reshaped Giller Prize to go on, despite boycotts and protests

Slightly reshaped Giller Prize to go on, despite boycotts and protests

TORONTO — The shine on CanLit's glitziest night has dulled, at least according to some, amid sustained backlash against the Giller Foundation for maintaining ties with lead sponsor Scotiabank and other funders linked to Israel.
Trudeau to meet with Biden at G20 summit as Canada crafts approach to emerging powers

Trudeau to meet with Biden at G20 summit as Canada crafts approach to emerging powers

RIO DE JANEIRO — Prime Minister Justin Trudeau will meet with U.S. President Joe Biden in Brazil at the G20 summit, as Ottawa seeks its place amid a growing rift between Washington and booming economies in the developing world.
Trump's new energy council could mean trade opportunity for Canada: experts

Trump's new energy council could mean trade opportunity for Canada: experts

WASHINGTON — As Donald Trump builds his new energy-focused administration, experts say it could open opportunities for Canada to expand the two countries' long-standing partnership amid threats of widespread tariffs from the president-elect.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Postal strike Canada Post was hit by a strike Friday after failing to reach a new contract with about 55,000 workers represented by the Canadian Union of Postal Wor
October inflation expected to show mild bump up despite longer-term downward trend

October inflation expected to show mild bump up despite longer-term downward trend

TORONTO — The latest inflation reading due out Tuesday from Statistics Canada is expected to show a slight uptick for the month of October — but economists say the measure is still on a longer-term downward trend.
New Indigenous-owned mining royalty company a first in Canada

New Indigenous-owned mining royalty company a first in Canada

In June of this year, a new company called Nations Royalty Corp. began trading on the TSX Venture Exchange.
Eby says new B.C. cabinet built around 'kitchen table' issues: affordability, homes

Eby says new B.C. cabinet built around 'kitchen table' issues: affordability, homes

VICTORIA — Premier David Eby says the British Columbia cabinet he introduces Monday will be tasked with focusing on issues voters strongly told the government they are most concerned about: affordability, health care, community safety, housing and th
Danielle Smith echoes Doug Ford's concerns about Mexico trade, suggests carve-out

Danielle Smith echoes Doug Ford's concerns about Mexico trade, suggests carve-out

EDMONTON — Alberta Premier Danielle Smith is echoing concerns about Mexico that were expressed earlier this week by Ontario's premier, saying she hopes Canada can get a "carve-out" from import tariffs that president-elect Donald Trump is promising.
Trudeau says APEC leaders focused on how to trade with Trump administration

Trudeau says APEC leaders focused on how to trade with Trump administration

LIMA — Prime Minister Justin Trudeau says he's been advising world leaders to focus on common goals with Donald Trump ahead of his return to the White House, as Canada shores up its relations with countries across the Pacific Rim.