The Exciting Launch of the U.S. Military's Secretive X-37B Spaceplane on Its Seventh Mission

The Canadian Press
mostbet
Unseasonably Warm Weather Skips Beside Ski Resorts

VANCOUVER — British Columbia’s unseasonably warm winter has left local ski resorts grappling with a lack of snow during the holiday tourism season, as resorts struggle to keep runs open. Fewer than half of Whistler Blackcomb’s trails are open, while Vancouver’s Mount Seymour is closed entirely while it waits for better conditions. Warmth related to the El Niño climate phenomenon this week has pushed temperatures to record highs in regions including Metro Vancouver, Greater Victoria, the Sunshine C
The Canadian Press

Climate Adaptation Strategy Fails During Record Summer of Fire

Canada’s first-ever climate adaptation strategy was little more than six weeks old when fast-moving wildfires swept through communities in British Columbia’s southern Interior, forcing thousands to flee and destroying hundreds of homes. It was part of Canada’s record-breaking summer of fire — more than 19,000 Yellowknife residents were ordered to escape a threatening blaze, fire ripped into suburban Halifax and smoke from fires in Quebec blanketed New York City and Washington, D.C. Some 200,000
Reuters

TSX Closes in the Red as Lower Oil Prices Hurt Energy Stocks

Canada’s main stock index ended lower on Thursday, pressured by declining commodity prices that hurt energy and materials stocks. The Toronto Stock Exchange’s S&P/TSX composite index was down 86.53 points, or 0.41%, at 20,929.38. The energy sector shed 1.4%, hurt by a decline of over $2 in crude prices as concerns eased about shipping disruptions along the Red Sea route.
Reuters

Financial Markets Predict Stability in Interest Rates

Borrowers looking for relief from higher interest rates may be set for disappointment with financial markets indicating rates will stay elevated for years to come. However much they fall in 2024, pricing in money markets highlights a view that the decade of near-zero interest rates prevailing after the great financial crisis is unlikely to return while inflationary pressures and government spending stay high. That risks further pain for many public and private borrowers who locked in past lower rates and have yet to feel the full impact of the record-paced central bank hikes of the last two years.
The Canadian Press

Canaccord Fined $475,000 Over Trading Sanctions

VANCOUVER — The Canadian Investment Regulatory Organization says it has accepted a settlement with sanctions against Canaccord Genuity Corp. related to trading supervision. The regulator says the Canaccord Genuity Group Inc. subsidiary admitted that from January 2017 to March 2021 it failed to comply with its risk management and controls obligations as they related to market access by some of its direct electronic access clients. It says that as part of the agreement,