Business

Business

RRC Polytech tallies pair of tech programs

Aaron Epp 4 minute read Yesterday at 7:00 PM CDT

Red River College Polytechnic has announced two new degree programs aimed at preparing students to meet workforce demands in Manitoba industries such as engineering and manufacturing.

The first cohorts working toward bachelor of technology degrees in advanced manufacturing and mechatronics will enter the classroom in January at the Winnipeg college’s Notre Dame Avenue campus.

The two programs include a foundation in research methods, Indigenous worldviews and Industry 4.0 technologies to equip graduates with the skills and confidence to take on increasing responsibility in the workplace, RRC Polytech announced earlier this week.

They offer more options for existing students, graduates and mid-career professionals, the school said.

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Business

‘Necessary active role’: corporate declaration of action adds initial signees

Gabrielle Piché 4 minute read Yesterday at 7:10 PM CDT

A model canoe took its maiden voyage Wednesday — into the arms of the National Centre for Truth and Reconciliation’s executive director.

Stephanie Scott and her team received the miniature wooden canoe during a ceremony at Assiniboine Park in Winnipeg.

They also left with a freshly signed corporate declaration of action, where national companies pledged their commitment to reconciliation.

“Your commitment, your courage is so important,” Scott told a room of roughly 15 people in the Pavilion. “It is a very long journey that we’re all on.”

Health

The cost of drugs from Canada is set to soar for millions of Americans because of a federal rule

Fatima Hussein, The Associated Press 6 minute read Preview

The cost of drugs from Canada is set to soar for millions of Americans because of a federal rule

Fatima Hussein, The Associated Press 6 minute read 6:38 AM CDT

WASHINGTON (AP) — Millions of Americans who buy cheap drugs from Canada could soon lose access when a customs rule goes into effect later this month, a change that has sparked opposition from Democrats and some Republicans with the cost of living a top issue for voters ahead of midterm elections.

The rule applies to a swath of goods beyond drugs and is intended to collect tariffs and prevent illegal drugs from coming into the U.S. It comes as President Donald Trump has made lowering drug prices a top target in addressing soaring healthcare costs, and critics say the rule will hurt patients seeking affordable medicine.

“The issue is a matter of life and death for me,” said Susan Hooper, a 75-year-old Toledo, Ohio, resident who has been on oxygen for 14 years and takes two daily medications purchased through a Canadian pharmacy that are not available in the U.S.

The U.S. Customs and Border Protection rule targets the de minimis exemption, which previously allowed shipments valued under $800 to pass through customs more easily. As of Oct. 22, that exemption will be indefinitely suspended, and medications mailed from outside the U.S. will require additional data and a bond guarantee.

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6:38 AM CDT

Business

South Korea test-flies its first domestically developed hypersonic weapon

Kim Tong-hyung, The Associated Press 3 minute read Preview

South Korea test-flies its first domestically developed hypersonic weapon

Kim Tong-hyung, The Associated Press 3 minute read 6:20 AM CDT

SEOUL, South Korea (AP) — South Korea flight-tested on Thursday its first domestically developed hypersonic weapon, designed to fly at least five times the speed of sound and evade missile defense systems, bringing Seoul closer to what it says could be game-changing weapons capabilities.

There was no immediate response from North Korea, which last week tested its own hypersonic missile that landed in the waters near Japan.

South Korean President Lee Jae Myung attended the test, saying it's a major step in strengthening the country’s conventional defense capabilities, according to a statement. It did not elaborate where the test took place.

The statement said the weapon separated from its booster rocket at the planned altitude, then descended and maneuvered both vertically and horizontally before hitting a test target. It said once developed, the weapon would be able to strike key targets by surprise in the “Korean Peninsula theater of operations.”

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6:20 AM CDT

Business

Oilpatch profits vastly outpacing spending — at least for now: Deloitte

Lauren Krugel, The Canadian Press 5 minute read Preview

Oilpatch profits vastly outpacing spending — at least for now: Deloitte

Lauren Krugel, The Canadian Press 5 minute read 5:00 AM CDT

CALGARY - Canadian oil producers saw a 68 per cent surge in operating profits between the first and second quarters of this year, but capital spending hasn't kept anywhere near the same pace, says a new report from Deloitte Canada.

The consulting firm notes that crude prices have experienced "considerable volatility" in recent months due to the Middle East war, with the international light benchmark, Brent, fluctuating between US$68 and US$105 per barrel in July and August alone. 

High prices have created a windfall for Canada's oil producers, with that sector the biggest contributor to non-financial industry profits during the second quarter, according to Statistics Canada.  

Separate capital expenditure data from StatCan, meanwhile, has shown only modest movement recently, rising about seven per cent to $11 billion in the second quarter versus the first. Citing Baker Hughes rig count data, Deloitte says drilling in Canada was up 17 per cent during the second quarter compared to the same time a year earlier.

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5:00 AM CDT

Environment

Oil and gas emissions dropped in 2025 despite increased production: report

Nick Murray, The Canadian Press 5 minute read Preview

Oil and gas emissions dropped in 2025 despite increased production: report

Nick Murray, The Canadian Press 5 minute read 3:00 AM CDT

OTTAWA - Canada's oil and gas sector accounted for a lower level of emissions in 2025, despite boosts in production, while the country's overall emissions ticked up thanks to increased reliance on natural gas to heat homes.

Those are among the findings in the Canadian Climate Institute's annual national emissions report, released Thursday.

The institute, which receives three-quarters of its funding from the federal government, is releasing early estimates of Canada's year greenhouse gas emissions. Ottawa's estimates for 2025 are expected in April.

The institute found Canada's total emissions increased in 2025 by about one per cent in 2025 to 691 million tonnes of carbon dioxide, which is equivalent to the emissions produced by 161 million gas-powered passenger vehicles driven for one year.

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3:00 AM CDT

Business

Traveller costs must stay down in airport privatization plan: industry group

Christopher Reynolds, The Canadian Press 2 minute read Preview

Traveller costs must stay down in airport privatization plan: industry group

Christopher Reynolds, The Canadian Press 2 minute read 3:00 AM CDT

OTTAWA - As aviation leaders descend on Ottawa for a conference today, the head of the country’s main airline industry group says any plan for private investment in airports should keep a lid on costs for travellers.

Jeff Morrison, CEO of the National Airlines Council of Canada, says more details need to emerge about the federal government’s move to partially privatize airports before he adopts a firm stance, but that affordability is key.

Examples abroad offer mixed results, with Australia frequently cited by Ottawa after the country handed control of its airports to private investors between 1997 and 2003.

The move has resulted in billions of dollars in capital investment, yielding faster baggage handling and passenger check-in processes as well as more lounges.

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3:00 AM CDT

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Arts & Entertainment

New Lululemon boss overhauls leadership team to reinvigorate brand

Tara Deschamps, The Canadian Press 3 minute read Preview

New Lululemon boss overhauls leadership team to reinvigorate brand

Tara Deschamps, The Canadian Press 3 minute read Yesterday at 3:35 PM CDT

Lululemon Athletica Inc.'s chief executive is marking her first month on the job with a slew of leadership changes she says will make the business even more competitive.

The Vancouver-based apparel company has appointed ex-Athleta chief executive and president Maggie Gauger as Lululemon's president and chief product officer.

Former Walmart Canada executive Joseph Godsey is becoming chief operating officer.

Lululemon is searching for candidates to fill the chief brand and chief technology officer roles as well as someone to become its next chief communications officer.

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Yesterday at 3:35 PM CDT

Hockey

Kristi Miller named interim chair of Hockey Canada’s board of governors

The Canadian Press 2 minute read Preview

Kristi Miller named interim chair of Hockey Canada’s board of governors

The Canadian Press 2 minute read Yesterday at 3:35 PM CDT

CALGARY - Kristi Miller has been named interim chair of Hockey Canada's board of directors, the governing body announced Wednesday.

Miller has been on the board since Nov. 18, 2023.

She was among the new appointees who replaced a transition board installed at the height of the Hockey Canada sexual assault scandal.

The previous Hockey Canada board, along with president and CEO Scott Smith, resigned on Oct. 11, 2022, amid criticism of the organization’s handling of sexual assault allegations involving five members of Canada’s 2018 world junior team.

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Yesterday at 3:35 PM CDT

Business

Conservative motion seeking more diesel relief defeated in House of Commons

The Canadian Press 2 minute read Preview

Conservative motion seeking more diesel relief defeated in House of Commons

The Canadian Press 2 minute read Yesterday at 3:25 PM CDT

OTTAWA - The Conservative party's proposal to extend federal relief on diesel fuel was voted down in the House of Commons today.

Global prices for diesel and gasoline have spiked since the spring as the war in Iran has disrupted fuel shipments from the Gulf region.

The Liberal government already has extended an earlier pause on the federal fuel excise tax, which includes diesel, into 2027, but the Conservatives want to see the government go further.

The Conservatives tabled a motion Tuesday calling for an end to all federal taxes affecting diesel fuel until Canada Day and seeking tax relief to build infrastructure that would support domestic diesel production.

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Yesterday at 3:25 PM CDT

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