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National Business
National Business
Almost half of Canadians say workers' right to strike outweighs economic hit: report
Almost half of Canadians say the right to strike outweighs the risk of economic consequences, a new survey from the Angus Reid Institute found.
Sep 1, 2023 1:30 PM
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Gasoline prices up from a year ago as drivers head into holiday weekend
CALGARY — As crude oil prices hit a twelve-month high on Friday, Canadians planning to hit the road for the last long weekend of summer will pay more for gasoline than they did last Labour Day. The national average gasoline price as of Friday was $1.
Sep 1, 2023 12:24 PM
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Calgary home sales hit record high in August while inventory drops
CALGARY — The latest report from the Calgary Real Estate Board says the city saw record-high sales in August, driven by the condo market. The data shows 2,729 propertieswere sold in the month, an increase of 27.
Sep 1, 2023 12:08 PM
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Competition Bureau approves RBC's proposed takeover of HSBC Canada
GATINEAU, Que. — The Competition Bureau has cleared RBC's proposed $13.5-billion takeover of HSBC Bank Canada despite concerns about concentration in Canada's financial sector.
Sep 1, 2023 8:53 AM
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US employers added a solid 187,000 jobs in August in sign of a still-resilient labor market
WASHINGTON (AP) — America's employers added 187,000 jobs in August, evidence of a slowing but still-resilient labor market despite the high interest rates the Federal Reserve has imposed.
Sep 1, 2023 8:41 AM
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Review finds at least 120 CRA employees claimed COVID benefits while employed
OTTAWA — The Canada Revenue Agency says 120 people have been fired for claiming a federal COVID-19 benefit while employed there.
Sep 1, 2023 8:24 AM
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Economists see Bank of Canada holding on rates after surprise GDP contraction
OTTAWA — Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada's rate hiking campaign may be coming to an end.
Sep 1, 2023 8:13 AM
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Stock market today: Wall Street opens higher following signal that labor market is cooling
NEW YORK (AP) — Stocks are opening higher on Wall Street after a closely watched report showed that the job market, while still healthy, has been showing some signs of cooling.
Sep 1, 2023 6:45 AM
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Restaurant Brands International receives approval for share buyback plan
TORONTO — Restaurant Brands International Inc. has received approval from its board of directors to allow it to repurchase up to US$1 billion of its common shares over the next two years. Through the approval, which last until Sept.
Sep 1, 2023 6:26 AM
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CWB Financial Group reports third quarter profit up from a year ago
EDMONTON — CWB Financial Group reported its third-quarter profit rose compared with a year ago. The Edmonton-based bank says its common shareholders' net income totalled $83.1 million for the quarter ended July 31, up from $70 million a year earlier.
Sep 1, 2023 5:34 AM
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