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Milk prices in New Brunswick set to increase four cents per litre starting Feb. 1

FREDERICTON — Milk prices in New Brunswick are set to increase by four cents per litre starting Wednesday.

Wall Street ticks higher to close out another strong week

NEW YORK (AP) — Stocks closed higher on Wall Street, marking the market’s third winning week in the last four. The S&P 500 rose 0.2% Friday, having given up much of its afternoon gain. The Nasdaq composite climbed 0.

House GOP seeks new restrictions on use of US oil stockpile

WASHINGTON (AP) — For the second time this month, House Republicans have advanced a measure to restrict presidential use of the nation’s emergency oil stockpile — a proposal that has already drawn a White House veto threat.

Western Forest Products' Port Alberni, B.C., mill closes as company seeks viable path

VANCOUVER — More than 100 workers in Port Alberni are the latest forest industry employees to face layoffs as Western Forest Products confirms it will not restart its sawmill in that Vancouver Island city.

US inflation and consumer spending cooled in December

WASHINGTON (AP) — The Federal Reserve's preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed's series of interest rate hikes are slowing the economy.

Shopify CTO Allan Leinwand steps down for 'personal reason,' Lütke to take over R&D

OTTAWA — Shopify Inc. says chief technology officer Allan Leinwand will be departing the company with chief executive Tobi Lütke to take on some of his responsibilities.

Federal government posts $3.6 billion deficit between April and November

OTTAWA — The federal government posted a budgetary deficit of $3.6 billion in the first eight months of the fiscal year. In its monthly fiscal monitor, the finance department says the deficit compares to a deficit of $73.

Women-led startups fear falling behind amid tech downturn

TORONTO — Members of Canada's tech community say they are worried the sector's recent downturn will weigh even heavier on women founders, who have long trailed their male counterparts when fundraising.

Group forms to build small modular nuclear reactor in Ontario

CLARINGTON, Ont. — Ontario Power Generation, GE Hitachi Nuclear Energy, SNC-Lavalin Group Inc. and Aecon Group Inc. are joining forces to build a small modular nuclear reactor in Ontario.

TotalEnergies EP Canada ups stake in Fort Hills oilsands project

CALGARY — TotalEnergies EP Canada Ltd. says it is increasing its ownership in the Fort Hills oilsands project by acquiring part of Teck Resources Ltd.'s stake in the mine. Teck announced last year that it would sell its 21.
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