News of the day: Trade surplus widens, CRTC comes down on phone fees, Scotiabank’s new AI consortium, Ottawa invests in Teck, Canadians using BNPL and more

1 hour ago 3
May's increase was primarily driven by a 16.1 per cent increase in exports of metal ores and non-metallic mineral products.May's increase was primarily driven by a 16.1 per cent increase in exports of metal ores and non-metallic mineral products. Photo by John Lappa/Sudbury Star

Article content

It’s Tuesday, July 7. Here are the top stories we’re following today.

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or

Article content

Article content

Article content

Canada posted a trade surplus for the third consecutive month in May, driven primarily by higher sulphur shipments.

Article content

Article content

Article content

A customer browses mobile phones at a Bell Canada store in Toronto, Ontario, Canada, on Wednesday, June 22, 2016 Between May 6 and June 16, the CRTC learned that all three telecom companies allegedly had charged consumers various activation related fees, despite the ban. Photo by Brent Lewin/Bloomberg

Article content

Article content

Canada’s “Big Three” telecommunications companies need to prove by July 30 that they’re not violating the CRTC’s new ban on activation and modification fees.

Article content

Article content

Article content

Article content

A Scotiabank branch in Toronto, Ontario, Canada, on Monday, Aug. 12, 2024 Scotiabank’s chief information officer said the lender has made some attempts to resolve AI and tech challenges on its own, but found it difficult. Photo by Galit Rodan/Bloomberg

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

Article content

Bank of Nova Scotia, Sun Life Financial Inc., Telus Corp. and Toronto-based AI consultant Lightworks launched a consortium on Tuesday that will allow their engineers to jointly develop artificial intelligence systems that each organization will own and can tailor to their needs.

Article content

Article content

Article content

Article content

Teck said its smelter profits at Trail rose to $258 million in the first quarter from $80 million in the same period a year ago Teck Resources Ltd. said its smelter profits at Trail rose to $258 million in the first quarter from $80 million in the same period a year ago. Photo by Government of British Columbia

Article content

Article content

The agreement for Teck Resources Ltd., which involves the Canada Growth Fund, Natural Resources Canada and Export Development Canada, includes a provision for the government to establish offtake rights to a portion of the future germanium, antimony and gallium produced in Trail.

Article content

Article content

Article content

Article content

Mark carney Prime Minister Mark Carney visited a grocery story in Brampton, Ont., in the leadup to the July start of the federal grocery and essentials benefit. Photo by Peter J. Thompson /Financial Post

Article content

Article content

Koho Financial Inc.’s “pay later” adoption has more than doubled from last year, up 109 per cent as Canadians opt for it for essential items like groceries, the Toronto-based fintech said in a report.

Article content

Article content

Read Entire Article