Canada News Headlines
Exclusive: European officials urge World Bank to exclude fossil-fuel investments
WASHINGTON (Reuters) - Senior officials from Europe have urged the World Bank's management to expand its climate change strategy to exclude investments in oil- and coal-related projects around the world, and gradually phase out investment in natural gas projects, according to three sources familiar with the matter.
CORRECTED-FACTBOX-Winners and losers in energy sector from Texas cold snap
Feb 26 (Reuters) - A winter storm that hit parts of the southern United States over the past week led several energy companies to report stronger-than-expected results after they were called on to provide more power at higher prices, while others faced millions of dollars in losses.
NHL in denial of race issues, says Hockey Diversity Alliance
TORONTO (Reuters) - The National Hockey League is more interested in public relations than taking substantive action on the lack of diversity within the sport, said Akim Aliu, a founding member of the Hockey Diversity Alliance (HDA).
Blinken says U.S. stands in solidarity with Canada in calling for release of two Canadians detained in China
WASHINGTON (Reuters) - U.S. Secretary of State Antony Blinken said on Friday that the United States stands in absolute solidarity with Canada in insisting on the immediate and unconditional release of two Canadian citizens detained in China.
Ice hockey-NHL in denial of race issues, says Hockey Diversity Alliance
TORONTO, Feb 26 (Reuters) - The National Hockey League is more interested in public relations than taking substantive action on the lack of diversity within the sport, said Akim Aliu, a founding member of the Hockey Diversity Alliance (HDA).
U.S. drillers add rigs for seventh month in a row, pace slows - Baker Hughes
(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a seventh month in a row for the first time since May 2018, but the rate of growth in February slowed even as oil prices rose to their highest since 2019.
FOREX-Dollar gains on higher yields, risky currencies weaken
(Updates prices, adds data outlook, stimulus details)
UPDATE 5-Canada approves AstraZeneca's COVID-19 shot, 500,000 doses to arrive next week
OTTAWA, Feb 26 (Reuters) - Canada on Friday approved AstraZeneca's COVID-19 vaccine, including the version produced by the Serum Institute of India, and 500,000 doses are due to arrive next week.
Canada budget deficit swells to C$248 billion over first nine months of 2020/21
OTTAWA, Feb 26 (Reuters) - Canada's budget deficit from April to December widened to C$248.17 billion ($195.8 billion) from a deficit of C$10.97 billion a year earlier, as the government provided massive pandemic supports, the finance ministry said on Friday.
Canada sticking to stimulus plan despite debt rumblings, sources say
TORONTO/OTTAWA (Reuters) - Canada's C$100 billion ($79 billion) stimulus plan is justified by the economic hole caused by the COVID-19 pandemic, government sources said, as analysts warned Ottawa against racking up too much debt and making investments that fail to boost growth.
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