6 h. ago Canadian banks’ funding for fossil fuels rose in 2024 despite record heat: report

The Banking on Climate Chaos report by a coalition of environmental groups found that lending and underwriting among the world's 65 top banks rose by US$162.5 billion last year.

Sport

7 h. ago Canadian bank fossil fuel funding rose in 2024 despite record heat: report

TORONTO — Canadian banks were once again ranked as among the world’s top fossil fuel financiers in a report that showed overall funding rose in 2024 despite it being the hottest year on record. The Banking on Climate Chaos report by a coalition of environmental groups found that lending and underwriting among the world’s 65 […]

Sport

15 h. ago Hersh: Ottawa Council must take a risk and ban fossil fuel ads

More than a year ago, civil society groups campaigned to get the City of Ottawa to ban fossil fuel ads from city property such as community centres, sports arenas and buses.

Other

6 d. ago Trump’s Repeal of Pollution Rules Paves Way for New Dirty Plants

The Trump administration’s plan to repeal power-plant pollution mandates will make it easier and cheaper for utilities to build new fossil fuel-fired plants, while stalling investment in clean energy.

Other

7 d. ago UK announces $19 billion investment in first major nuclear plant since the 1990s

LONDON (AP) — Britain will invest 14.2 billion pounds ($19 billion) to build a new nuclear station that will reduce the U.K.’s reliance on volatile international fossil fuel markets, the government said Tuesday. Officials said the investment will go into building the new Sizewell C nuclear power plant in Suffolk, on England’s eastern coast, saying […]

Politics

1 week ago Bragg Gaming Provides Update on New Revolving Credit Facility

TORONTO — Bragg Gaming Group ( NASDAQ: BRAG, TSX: BRAG) (“Bragg” or the “Company”), a leading global B2B iGaming content and technology provider, today provided an update to its April 25, 2025 announcement of its intention to secure a new revolving credit facility. Bragg has now obtained requisite approvals from a Schedule I Canadian bank […]

Economics

2 w. ago Mulvihill Canadian Bank Enhanced Yield ETF Declares Monthly Distribution

TORONTO, June 03, 2025 (GLOBE NEWSWIRE) — (TSX: CBNK) Mulvihill Canadian Bank Enhanced Yield ETF has declared a monthly cash distribution in the amount of $0.058333 per unit, payable on July 7, 2025, to unitholders of record on June 30, 2025. For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172, email […]

Other

2 w. ago FINLAYSON: Canada could help supply world’s growing demand for energy including oil and gas

Spend time on the websites of Canada’s leading environmental non-governmental organizations (ENGOs) and you will see repeated references to the “energy transition” — the shift away from fossil-fuel energy sources to no- and low-carbon alternatives, to help lower the greenhouse gas (GHG) emissions that lie behind concerns over climate change.  While most countries — albeit not Donald Trump’s America — notionally […]

Other

2 w. ago DATA Communications Management Corp. Announces Amended Senior Revolving Credit Facility

BRAMPTON, Ontario — DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the “Company”), a leading Canadian provider of print and digital solutions that help simplify complex marketing communications and workflow, announced today that it has entered into a fourth amended and restated credit agreement (the “Bank Credit Facility”) with a Canadian chartered bank […]

Economics

2 w. ago Wrongful death lawsuit says Big Oil contributed to heat wave and woman’s death

In one of the nation’s first wrongful-death claims seeking to hold the fossil fuel industry accountable for its role in the changing climate, a Washington state woman is suing seven oil and gas companies, saying they contributed to an extraordinarily hot day that led to her mother’s fatal hyperthermia. The lawsuit filed in state court […]

Events

2 w. ago National Bank of Canada reports surge in trading revenue amid volatile markets

A surge in trading revenue related to tariff-induced market volatility helped National Bank of Canada handily beat analyst expectations in its second quarter. The bank’s adjusted profits, which excludes items related to its recent acquisition of Canadian Western Bank, amounted to $2.85 per diluted share, up from an adjusted profit of $2.54 per diluted share […]

Society

2 w. ago Carney’s defence spending will add up to $46 billion to economy, CIBC says

The economic gains of Prime Minister Mark Carney’s defence spending boost will likely be worth more than double the planned investment costs, according to Canadian Imperial Bank of Commerce economists. The $31 billion that Carney’s government has earmarked for additional defence outlays through the fiscal year ending in 2029 may boost Canada’s economy by as […]

Economics

2 w. ago Lawsuits aim to hold fossil fuel companies responsible for climate change. Here’s a look at some

A German court is expected to rule Wednesday in a landmark climate lawsuit brought by a Peruvian farmer against energy company RWE that claims global warming fueled by the firm’s historical greenhouse gas emissions puts his home at risk. Farmer and mountain guide Saul Luciano Lliuya said glaciers above his hometown of Huaraz are melting, […]

Society

3 w. ago 'Pressure point': Banff townsite clocks record 6.7 million vehicles in 2024

'All trends suggest very high visitation this year . . . it's just so crucial that folks plan ahead,' said Banff mayor Corrie DiManno

Economics

3 w. ago S&P/TSX composite edges higher on Thursday, U.S. stocks mixed

TORONTO — Canada’s main stock index edged higher on Thursday, helped by strength in the financial sector, while U.S. stock markets were mixed. The S&P/TSX composite index was up 14.84 points at 25,854.01. TD Bank’s share price moved higher along with most major Canadian bank stocks on Thursday, said Allan Small, senior investment adviser at […]

Economics

3 w. ago Benefits and credits you may be eligible for in Canada next month

Benefits and credit payments will be issued by the government of Canada or provincial governments in June through several programs, and you may be eligible for some.Most Canadians are now facing a tough time, with the high cost of living, stagnant wages and experts signalling the alarm about an impending recession.According to Statistics Canada's Consumer Price Index for April, the cost of food increased by 3.8 per cent, and housing increased by 3.4 per cent. On the plus side, the cost of transportation dropped slightly by 1.9 per cent.Loblaw CEO Per Bank warns that Canadian shoppers will likely feel the effects of rising prices as tariff-impacted products hit the shelves. According to the company's April food inflation report, products like coffee, liquid eggs, chicken, beef and nuts are set to become more expensive.Now is a great time to check which benefits you may be eligible for in Canada, or which payments you can expect to ...

Economics

3 w. ago TD Tumbles in Canadian Bond Rankings After Key Bankers Leave

In just a few months, Toronto-Dominion Bank’s ranking among Canadian bond underwriters has dropped to close to the bottom among its peers, after an exodus of fixed-income professionals.

Economics

4 w. ago Gas Giants Pitch Their Fossil Fuel as Best Way to Curb Emissions

Some of the world’s leading natural gas producers pitched their fuel as the solution to countries grappling with expanding use of intermittent renewables to cut their emissions.

Society