Business

Alberta oil production hit an all-time record in November, as oilsands companies ramped up output to prepare for the imminent completion of the Trans Mountain pipeline expansion.  Province averaged 3.8 million barrels per day in the first 11 months of 2023. Alberta oil production hit an all-time record in November, …

Canada’s annual inflation rate was 3.4% in December, according to data released by Statistics Canada on Tuesday, after a 3.1% increase in both October and November.  Higher measurement comes after October and November held steady at 3.1%. Canada’s annual inflation rate jumped to 3.4 per cent in December, according to …

Canada’s housing market is seeing some of the lowest annual sales volumes in more than a decade nationally, according to the latest statistics from the Canadian Real Estate Association.  Sales up in December, but experts cautious about calling it a trend. Canada’s housing market is seeing some of the lowest …

Canadians are cutting back on spending more, while mortgage holders say they are confident they can keep up with higher payments, according to a new survey out from the Bank of Canada.  About two-thirds of consumers have plans to cut back. A Bank of Canada survey finds Canadians are increasingly …

If you’ve been trying to save money on your grocery bill by waiting until fresh food is marked down to 50 per cent, get ready for some sticker shock on your next visit to a Loblaw-owned grocery store.  Senior who relies on discount calls move ‘a slap in the face.’ …

BEIJING—China’s economy likely grew at its weakest annual rate for more than three decades in 2023, data is expected to show Wednesday, as it was battered by a crippling property crisis, sluggish consumption and global uncertainties.  A group of ten experts interviewed by AFP forecast China’s gross domestic product (GDP) …

Saturday morning, temperatures rendered de-icing fluid ineffective in Calgary, Edmonton, Saskatoon, Regina, Kelowna, Kamloops, Fort McMurray, Prince George, Grande Prairie, Yellowknife and Fort St. John.  Airline says frigid temperatures make de-icing fluid ineffective. WestJet says it is facing “significant operational impacts” due to the extremely cold weather in the Prairies …

Prominent artificial intelligence company OpenAI has launched a new way for developers to sell and distribute their own, custom versions of AI software through an app store, with industry participants and watchdogs saying it could change how businesses and consumers use the technology.  The GPT Store, offering custom versions of …

Grace Stelmachowicz was taught there was one clear path to success: go to university, get a job in your field, get married, buy a house, and have kids. But life had other plans. Working at a ranch was tough but rewarding, and redefined what a good life is to me. …

Prominent artificial intelligence company OpenAI has launched a new way for developers to sell and distribute their own, custom versions of AI software through an app store, with industry participants and watchdogs saying it could change how businesses and consumers use the technology. The GPT Store, offering custom versions of …