Glencore posts record profit for 2022
Commodities company Glencore said Monday that it has reached an agreement with the Democratic Republic of Congo to pay $180 million over bribery allegations spanning from 2007 to 2018. (File)
GENEVA - Mining, oil and metals giant Glencore posted record profits last year on soaring demand for energy. The Swiss-based company said Wednesday that it will pay out more than $7 billion to shareholders.
Glencore says business rebounded from lows during the coronavirus pandemic and rode a spike in demand for oil and natural gas after Russia invaded Ukraine.
Net income soared nearly 250 per cent to $17.32 billion last year. It comes after record profits from energy giants like Shell, BP and ExxonMobil have stirred calls for them to do more to help households and businesses with high utility and invest more in efforts to cut climate-changing emissions.
(The Associated Press)
CTVNews.ca Top Stories
Engaged couple shot dead fleeing landlord after house dispute near Hamilton, Ont., police say
A 'truly innocent' engaged couple was shot dead while attempting to flee their attacker outside their home after a landlord-tenant dispute escalated on Saturday night, according to police.
Farmers in Atlantic Canada battling 'abnormally dry' conditions, fearing continued drought
Farmers in Atlantic Canada are growing increasingly worried about drought, as many regions on the east coast have been classified as drier than usual for this time of year, with little rain in the forecast.
Venice authorities investigate after canal turns fluorescent green
Venetian authorities are investigating after a patch of fluorescent green water appeared in the famed Grand Canal on Sunday morning.
Turkiye's Erdogan wins 5th term as president, extending rule into 3rd decade
Turkiye President Recep Tayyip Erdogan won reelection Sunday, extending his increasingly authoritarian rule into a third decade in a country reeling from high inflation and the aftermath of an earthquake that levelled entire cities.
Economy, health care, trust: Alberta election campaign hits final day before vote
Both Smith and Notley agree the vote will be one of the most consequential in decades, featuring two leaders in their 50s who have been both premier and Opposition leader.
Fight still ahead for Texas' Ken Paxton after historic impeachment deepens GOP divisions
The historic impeachment of Texas Attorney General Ken Paxton was just the first round of a Republican brawl over whether to banish one of their own in America's biggest red state after years of criminal accusations.
Blais scores twice, Canada beats Germany 5-2 to win gold at men's hockey worlds
Samuel Blais scored two goals to rally Canada to a 5-2 victory over Germany in the final of the ice hockey world championship on Sunday.
Jan. 6 rioters are raking in thousands in donations. Now the U.S. is coming after their haul
Less than two months after he pleaded guilty to storming the U.S. Capitol, Texas resident Daniel Goodwyn appeared on Tucker Carlson's then-Fox News show and promoted a website where supporters could donate money to Goodwyn and other rioters whom the site called 'political prisoners.'
3-year-old boy dies after drowning in backyard pool west of Toronto
Police are investigating the death of a three-year-old boy who was pulled from a backyard pool in Oakville on Saturday.
Barrie
-
Minden businesses take emergency department closure fight to Queen's Park
On Tuesday, Minden, Ont. business owners will plead to the Ford government to grant the community a one-year moratorium on the closure ahead of the June 1 planned closure date.
-
Thousands cast their ballots in community-referendum on hospital privatization in Ontario
A "community-led" referendum is asking thousands of Ontarians to weigh in on whether the privatization of the province's healthcare system is good for the future.
-
All cats rescued, donations needed after fire at Oro-Medonte animal shelter
After a devastating fire at an Oro-Medonte animal shelter, all missing cats have been accounted for.
Toronto
-
Engaged couple shot dead fleeing landlord after house dispute near Hamilton, Ont., police say
A 'truly innocent' engaged couple was shot dead while attempting to flee their attacker outside their home after a landlord-tenant dispute escalated on Saturday night, according to police.
-
3-year-old boy dies after drowning in backyard pool west of Toronto
Police are investigating the death of a three-year-old boy who was pulled from a backyard pool in Oakville on Saturday.
-
Motorcyclist dead after collision in Scarborough
A man is dead after a collision between a motorcycle and another vehicle in Scarborough.
Ottawa
-
NEW THIS MORNING
NEW THIS MORNING | Summer construction season set to begin in Ottawa
Mayor Mark Sutcliffe and several councillors will outline the 2023 construction season projects during a media conference on Slater Street at 10:30 a.m., including potential traffic impacts.
-
Runners suffer heat exhaustion, injuries during a hot Ottawa Race Weekend
There was an entire operation set up by the Ottawa Hospital, only steps from the finish line for Tamarack Ottawa Race Weekend with more than 100 health professionals ready for anything that could go wrong this weekend.
-
VIA Rail train with 210 passengers on board stops near Alexandria, Ont. due to engine failure
More than 200 passengers were stuck on a VIA Rail train near Alexandria, Ont. for several hours Sunday evening, after a mechanical issue stopped the train.
Kitchener
-
'Momma', are they going to kill us?’: Guelph, Ont. mother recounts family's escape from Sudan conflict
Rania Mukhtar is still processing her recent trip to Sudan, which was interrupted by the outbreak of military conflict between the Sudanese army and the paramilitary Rapid Support Forces.
-
Most-read stories of the week: Ager Hasan found guilty, Cambridge woman climbs Everest, fireworks arrest
Ager Hasan being found guilty of second-degree murder, a Cambridge woman climbing Mount Everest, and free tuition for some First Nations students round out the most-read stories of the week.
-
Engaged couple shot dead fleeing landlord after house dispute near Hamilton, Ont., police say
A 'truly innocent' engaged couple was shot dead while attempting to flee their attacker outside their home after a landlord-tenant dispute escalated on Saturday night, according to police.
London
-
Pride door vandalised at St. Aidan’s Anglican Church
Officials with St. Aidan’s Anglican Church are disappointed in a recent act of vandalism that seemingly targets the 2SLGBTQI+ community.
-
Ontario Health Coalition referendum wraps up, votes being counted
The Ontario Health Coalition started a referendum in April, asking people to choose whether they want public hospital services privatized to for-profit hospitals and clinics.
-
A baseball clinic raised money for Woodstock minor baseball while teaching young players the 'Blue Jay Way'
On Sunday, the Blue Jays Academy sponsored a four-hour instructional clinic that drew close to 170 kids, who ranged in age from eight to twelve
Windsor
-
Windsor's downtown core may benefit from the return of the grand prix to downtown Detroit
Transit Windsor expects to add to their tunnel bus service later next week in anticipation of people travelling to and from the Grand Prix
-
Event scoring for GOALS
A change in venue has the Dare 2B Challenged event running in the right direction. 250 people took part in the all-female event Sunday morning at Holiday Beach
-
Suspects wanted for daytime theft in Windsor
The Windsor Police Service is seeking the public’s assistance in identifying two suspects wanted in a daytime theft investigation.
Montreal
-
Laval crosswalk ignored by motorists 'like it's not even there,' local family says
A Laval, Que. family says a crosswalk in front of their house is an accident waiting to happen. They say too many cars don't stop, leading them to worry each time their child has to cross the street. "It's as if it's not even there," said resident Chris Horell, who lives near to the intersection of Saint-Martin Blvd W and Dutrisac St.
-
Two dead, three injured after head-on collision in Quebec's Eastern Townships
Two women are dead and three people, including children, are injured after a head-on vehicle crash in Quebec's Eastern Townships on Saturday night. The collision occurred at about 11:45 p.m. near Farnham, about 60 kilometres southeast of Montreal.
-
Open fires banned near forests in several parts of Quebec
With hot weather forecasted across Quebec this week, the province's forest fire agency is advising the public not to light outdoor fires until at least Thursday.
Atlantic
-
'Basically, all hell is breaking loose': State of emergency issued in Halifax as wildfire continues
Halifax Regional Municipality Mayor Mike Savage declared a local state of emergency late Sunday evening as fire crews continue to battle a fire in Upper Tantallon.
-
Tracking forest fires across Nova Scotia
The number of wildfires in Nova Scotia so far this season is up 150 per cent compared to the same time period in 2022.
-
Air quality alerts issued in Nova Scotia as wildfires burn
Environment Canada has issued air quality alerts for Shelburne County and western Halifax County due to the presence of wildfire smokes.
Winnipeg
-
'We couldn't do anything': The search continues for 12-year-old boy presumed drowned in Whiteshell Provincial Park
The search for a 12-year-old Winnipeg boy presumed drowned continued Sunday in Whiteshell Provincial Park, one day after he fell into the water.
-
'We are not filling a dumpster in 24 hours': The illegal dumping problem in Point Douglas
Residents in Point Douglas say their area has become a dumping ground for the rest of the city's unwanted garbage, and want more done to get rid of the piles of trash accumulating in the central-Winnipeg neighbourhood.
-
Woman dead after rollover in Sandy Hook
A 23-year-old Winnipeg woman is dead after a highway rollover the community of Sandy Hook Sunday.
Calgary
-
UCP and NDP make final push day before Alberta election
UCP and NDP make final push day before Alberta election.
-
Economy, health care, trust: Alberta election campaign hits final day before vote
Both Smith and Notley agree the vote will be one of the most consequential in decades, featuring two leaders in their 50s who have been both premier and Opposition leader.
-
Thousands of runners lace up for 59th annual Calgary Marathon
Thousands of runners laced up their shoes and toed the line for the 59th annual Calgary Marathon Calgary Marathon on Sunday, including a 92-year-old rookie, a pair of world record setting runners handcuffed to each other, and a Ukrainian runner who paid tribute to her homeland.
Edmonton
-
NDP leader Rachel Notley hits two last campaign stops on the way home for election day
After spending some time in Calgary over the weekend, NDP leader Rachel Notley wrapped up her campaign today with two rallies on the way home to Edmonton ahead of election day.
-
Fire activity picks up Sunday with return of hot, dry conditions
Fire activity in Alberta picked up overnight Saturday, with Alberta Wildfire counting 57 wildfires Sunday afternoon, including 17 which were classified as out of control.
-
'She loved so generously': Family remember Lauren Jarvis with walk to raise money for people impacted by homicide
Friends, family and supporters met at the bottom of Walterdale Hill for a walk honouring Lauren Jarvis and to raise money for the Victims of Homicide Support Society.
Vancouver
-
‘It’s nowhere that I’m happy to call home’: City survey finds private SROs unaffordable
A survey by Vancouver city staff has concluded that SROs, or single room occupancy buildings — often deemed a last resort for housing — are becoming increasingly unaffordable for those on income assistance.
-
West Vancouver council voting on naming new fitness park after drowning victim
On Monday, West Vancouver mayor and council will vote on a motion to name a new fitness park after Keen Lau, who drowned while trying to save Labrador Loki from Cypress Creek. And they will hear from Loki’s dog walker Sandra Smith, who is advocating for changes to the creek.
-
Notorious gangster killed in targeted shooting, unknown victim stabbed to death
Two homicides this weekend drew heavy police presence to South Vancouver’s Sunset neighbourhood and the West End’s Davie Village.