Here are the CP Business Department's plans for today and the top business stories so far. All times Eastern unless otherwise stated. All ETAs and wordcounts approximate. Entries are subject to change as news develops.

If you have any questions, please contact Kate Hopwood at 416-507-2151 or kate.hopwood@thecanadianpress.com, or Jody White at jody.white@thecanadianpress.com. You can always reach the desk at business@thecanadianpress.com or 416-507-2138.

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COVERING:

This week’s Your Money column looks at the growing demand for mental health benefits and supports, and how employers are responding.

 

Brett Bundale will have a story on Lululemon’s latest legal spat, this time involving Nike. 

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TOP STORIES:

TransAlta replacing wind farm turbine foundations

TransAlta-Kent-Hills

Calgary, Alberta, Canada -- TransAlta Renewables Inc. says it will have to replace all 50 turbine foundations at a wind farm in New Brunswick where a tower collapsed last year. Words: 210

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European shares rise, Asia declines, eyeing Fed, omicron

Financial-Markets

European benchmarks have risen after Asian shares mostly declined following a retreat on Wall Street. Oil prices and U.S. futures advanced on Tuesday. Investors are keeping an eye on rising numbers of coronavirus cases, especially in China, where a third city has locked down its residents because of COVID-19, raising the number confined to their homes to about 20 million people. 

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World Economic Forum warns cyber risks add to climate threat

EU-Davos-Forum-Global-Risks

The World Economic Forum says cybersecurity and space are emerging risks to the global economy, on top of existing challenges posed by climate change and the coronavirus pandemic. The Global Risks Report released Tuesday usually comes out ahead of the annual elite winter gathering of CEOs and world leaders in the Swiss ski resort of Davos. But the event has been postponed for a second year in a row because of COVID-19. 

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CALENDAR:

No events of note.

CP BUSINESS

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