Skip to content

National Business

WestJet customers holding their breath as strike notice jeopardizes travel plans

WestJet customers holding their breath as strike notice jeopardizes travel plans

MONTREAL — The travel plans of WestJet customers are up in the air after its pilots' union issued a 72-hour strike notice Monday night. The gambit by the Air Line Pilots Association kicked off a countdown to a flight crew walkout at 3 a.m.
Read more >
S&P/TSX composite down almost 300 points Tuesday, U.S. markets also move lower

S&P/TSX composite down almost 300 points Tuesday, U.S. markets also move lower

TORONTO — Canada's main stock index fell almost 300 points Tuesday on the heels of new data showing inflation ticked higher in April, while U.S. stock markets also moved lower. The S&P/TSX composite index was down 297.90 points at 20,242.
Read more >
Stock market today: Wall Street dips as energy stocks, Home Depot weigh

Stock market today: Wall Street dips as energy stocks, Home Depot weigh

NEW YORK (AP) — Most stocks fell on Wall Street after Home Depot warned of flagging sales, the latest discouraging signal for an economy under pressure. The S&P 500 lost 0.
Read more >
Biden cancels planned visit to Australia, Papua New Guinea to focus on debt limit talks

Biden cancels planned visit to Australia, Papua New Guinea to focus on debt limit talks

WASHINGTON (AP) — President Joe Biden is curtailing his upcoming trip to the Indo-Pacific, scrapping what was to be a historic stop in Papua New Guinea as well as a visit to a Australia for gathering with fellow leaders of the so-called Quad partners
Read more >
Rent, mortgage interest helped drive inflation higher in April: Statistics Canada

Rent, mortgage interest helped drive inflation higher in April: Statistics Canada

OTTAWA — The first increase in annual inflation since its June 2022 peak was driven in part by higher mortgage interest costs and higher rent prices, Statistics Canada said Tuesday. Mortgage interest costs were up 28.
Read more >
B.C. casinos will require all to show government ID under self-exclusion program

B.C. casinos will require all to show government ID under self-exclusion program

VANCOUVER — Everyone who enters a British Columbia casino will soon be required to present government-issued identification, in what the BC Lottery Corporation says is an initiative to support people who have registered for self-exclusion.
Read more >
Statistics Canada says manufacturing sales rose 0.7 per cent in March

Statistics Canada says manufacturing sales rose 0.7 per cent in March

OTTAWA — Statistics Canada says manufacturing sales rose 0.7 per cent to $72.3 billion in March, boosted by gains in the motor vehicle, aerospace product and parts, and primary metal industries. The increase followed a drop of 3.
Read more >
Alberta UCP says NDP economic plan will kill jobs and cause people to flee

Alberta UCP says NDP economic plan will kill jobs and cause people to flee

CALGARY — The United Conservative Party says the NDP's economic plan will kill jobs and cause people to flee Alberta.
Read more >
Canada 'extremely concerned' about fate of Line 5 pipeline in Wisconsin, embassy says

Canada 'extremely concerned' about fate of Line 5 pipeline in Wisconsin, embassy says

WASHINGTON — Canada is "extremely concerned" about the potential fate of the Line 5 pipeline, emissaries warned Tuesday in advance of a Wisconsin court hearing that threatens to shut down what they call a vital cross-border oil and gas corridor.
Read more >
Annual inflation rate edged up in April, raises chances of higher interest rates

Annual inflation rate edged up in April, raises chances of higher interest rates

OTTAWA — The annual pace of inflation rose in April for the first time since it peaked in June last year, a move some economists say will test the Bank of Canada's decision to pause hiking interest rates if the economy does not cool as expected later
Read more >