Skip to content

National Business

Stock market today: Wall Street ticks up, and S&P 500 pulls clsoer to a record on rate-cut hopes

Stock market today: Wall Street ticks up, and S&P 500 pulls clsoer to a record on rate-cut hopes

NEW YORK (AP) — Wall Street closed higher and held near all-time highs amid hopes that moves by Japan’s central bank to keep interest rates easy for investors could be a preview for the rest of the world. The S&P 500 rose 0.
Read more >
Canada reports fastest population growth in history in third quarter of 2023

Canada reports fastest population growth in history in third quarter of 2023

OTTAWA — Canada's pace of population growth continues to set records as the country brings in a historic number of temporary residents, largely through international student and temporary foreign worker programs.
Read more >
Inflation holds at 3.1% in November as progress in tamping down price growth stalls

Inflation holds at 3.1% in November as progress in tamping down price growth stalls

OTTAWA — Canada's fight against inflation didn't gain ground last month as the annual rate held steady at 3.1 per cent, but economists say the slightly disappointing figure doesn't change the Bank of Canada's interest rate plans.
Read more >
Google to pay $700 million to US states, consumers in app store settlement

Google to pay $700 million to US states, consumers in app store settlement

Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store — the same issue that went to trial in another case that could result in even bigger ch
Read more >
Bombardier won't contest Ottawa's sole-source deal on new Boeing military planes

Bombardier won't contest Ottawa's sole-source deal on new Boeing military planes

MONTREAL — Bombardier Inc. will not contest the federal government's decision to replace the military's aging patrol planes with aircraft from U.S. rival Boeing Co., the Quebec jet maker says.
Read more >
Bad financial advice comes in many forms. Knowing how to spot it can save you money

Bad financial advice comes in many forms. Knowing how to spot it can save you money

Whether it came from a family member, social media influencer or certified professional, if you’re a millennial or gen Z who’s been burned by bad financial advice in the past year, you can take some solace in knowing you’re not alone.
Read more >
Here's a list of November inflation rates for selected Canadian cities

Here's a list of November inflation rates for selected Canadian cities

OTTAWA — Canada's annual inflation rate was 3.1 per cent in November, Statistics Canada says.
Read more >
Here's a list of November inflation rates for Canadian provinces

Here's a list of November inflation rates for Canadian provinces

OTTAWA — Canada's annual inflation rate was 3.1 per cent in November, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 2.1 per cent (2.4) — Prince Edward Island: 0.4 per cent (1.
Read more >
Final electric-vehicle mandate to come Tuesday, sales must double by 2026

Final electric-vehicle mandate to come Tuesday, sales must double by 2026

OTTAWA — Canadian auto companies sold more electric vehicles this year than ever before, but would still need to nearly double that number within three years to meet a new national mandate.
Read more >
Storied US Steel to be acquired for more than $14 billion by Nippon Steel

Storied US Steel to be acquired for more than $14 billion by Nippon Steel

U.S. Steel, the Pittsburgh steel producer that played a key role in the nation's industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The transaction is worth about $14.
Read more >