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CRTC imposes $7.5 million penalty on Bell for violations of Telecommunications Act

CRTC imposes $7.5 million penalty on Bell for violations of Telecommunications Act

GATINEAU, Que. — The Canadian Radio-television and Telecommunications Commission (CRTC) is imposing $7.5 million in penalties on Bell Canada, owned by BCE Inc., for violations of the Telecommunications Act.
Russia again cuts natural gas exports thru European pipeline

Russia again cuts natural gas exports thru European pipeline

BERLIN (AP) — Russia's Gazprom announced a reduction in natural gas flows through a key European pipeline for the second day in a row Wednesday, creating further energy turmoil for Europe as it ties to reduce its extensive use of Russian oil and natu
Independent booksellers grew in number, diversity in 2021

Independent booksellers grew in number, diversity in 2021

NEW YORK (AP) — Laura Romani, a Chicago-area resident with a background in education and library science, had been thinking of a new career.
Statistics Canada updates CPI basket weights based on 2021 spending patterns

Statistics Canada updates CPI basket weights based on 2021 spending patterns

OTTAWA — Statistics Canada has updated the basket of goods it uses to calculate its consumer price index and inflation.
European Central Bank vows backstop against market turmoil

European Central Bank vows backstop against market turmoil

A European Central Bank poised to raise interest rates for the first time in 11 years vowed Wednesday to create an unspecified market backstop that could buffer member countries against financial turmoil like that seen during a debt crisis more than
Price of Kinross deal to sell Russian assets cut after authorities cap price

Price of Kinross deal to sell Russian assets cut after authorities cap price

TORONTO — Kinross Gold Corp. says it has completed the sale of its Russian assets to the Highland Gold Mining group of companies for US$340 million, half of what it had negotiated earlier, after Russian authorities capped the price.
CMHC reports annual pace of housing starts up in May

CMHC reports annual pace of housing starts up in May

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in May was up eight per cent compared with April.

Mary Brown's Chicken buying Ontario burrito chain

MARKHAM, ONT. — The parent company of Mary Brown's Chicken has signed an agreement to acquire Fat Bastard Burrito Co. Financial terms of the deal were not immediately available.
IPL fetches staggering media rights for over $6 billion

IPL fetches staggering media rights for over $6 billion

NEW DELHI (AP) — U.S.
Yellowstone flooding forces 10,000 to leave national park

Yellowstone flooding forces 10,000 to leave national park

RED LODGE, Mont.