Canadian mortgage rates are beginning to inch higher for the first time since before the COVID-19 crisis, but with home loans still languishing around historically low levels the modest hike is unlikely to slow the red-hot housing market.
A federal judge ordered Exxon Mobil to pay a US$14.25 million civil penalty Tuesday in an 11-year-old lawsuit alleging it violated the Clean Air Act for eight years at its flagship Baytown, Texas, refinery.
Rio Tinto chairman Simon Thompson said Wednesday he was accountable for the mining giant destroying sacred Indigenous sites in Australia to access iron ore and he will not seek reelection as a board director next year.
Toymaker Spin Master Corp. says its revenue grew 3.6 per cent compared with a year ago as an increase in sales of activities like Kinetic Sand and Paw Patrol toys offset declines in remote control games and interactive characters like Hatchimals.
The federal government says the door is open to help producers affected by the closure of a central Alberta pork plant where an outbreak of COVID-19 has infected hundreds of workers and resulted in three deaths.