Skip to content

National Business

St. Lawrence Seaway workers issue strike notice, could walk as of midnight Saturday

St. Lawrence Seaway workers issue strike notice, could walk as of midnight Saturday

MONTREAL — Unifor says workers at the St. Lawrence Seaway Corp. are ready to strike as of midnight Saturday. It says it has issued a 72-hour strike notice to the employer and will bargain through Thursday in an attempt to reach a deal.
Canadian, U.S. markets fall amid ongoing rate uncertainty, mixed U.S. earnings

Canadian, U.S. markets fall amid ongoing rate uncertainty, mixed U.S. earnings

TORONTO — Canada's main stock index lost more than one per cent Wednesday amid broad-based losses led by industrials, utilities and base metals, while U.S. markets also fell. The S&P/TSX composite index closed down 242.10 points at 19,450.70.
Air Canada stock slides to one-year low despite frothy summer profits

Air Canada stock slides to one-year low despite frothy summer profits

MONTREAL — Air Canada's share price hit a one-year low on Wednesday as the airline navigates higher fuel costs, competition and interest rates. The company's stock slipped 3.49 per cent to close at $17.13, marking its lowest price since Oct.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,450.70, down 242.10 points): TC Energy Corp. (TSX:TRP). Energy. Down 48 cents, or 1.00 per cent, to $47.41 on 8.8 million shares.
Stock market today: Wall Street drops following profit reports, and oil prices jump on war worries

Stock market today: Wall Street drops following profit reports, and oil prices jump on war worries

NEW YORK (AP) — Wall Street dropped after big U.S. companies delivered a mixed set of profit reports and rising Treasury yields tightened the vise further on the stock market. Worries about war in the Middle East also dragged on the market Wednesday.
Scotiabank cutting 3% of global workforce, will take $590M Q4 charge after tax

Scotiabank cutting 3% of global workforce, will take $590M Q4 charge after tax

TORONTO — Scotiabank said Wednesday that it is cutting about three per cent of its global workforce, becoming the latest Canadian bank to trim staff amid continued economic uncertainty.
Air Miles announces hotel and vacation rental partnership with Expedia

Air Miles announces hotel and vacation rental partnership with Expedia

TORONTO — Loyalty program operator Air Miles has announced a partnership for hotels and vacation rentals with Expedia Group Inc. as part of its of newly launched travel booking platform. The U.S.
Musk's X tests $1 fee for new users in the Philippines and New Zealand in bid to target spam

Musk's X tests $1 fee for new users in the Philippines and New Zealand in bid to target spam

LONDON (AP) — Elon Musk's social media platform X has begun charging a $1 fee to new users in the Philippines and New Zealand, in a test designed to cut down on the spam and fake accounts flourishing on the site formerly known as Twitter.
MNP consumer debt index improves, but consumer outlook worsens

MNP consumer debt index improves, but consumer outlook worsens

CALGARY — A report by insolvency firm MNP Ltd. says its consumer debt index improved slightly in its latest quarter as Canadians felt marginally better about their ability to pay their debts.
National Business Book Award finalists include top Bay Street names, ex-BoC governor

National Business Book Award finalists include top Bay Street names, ex-BoC governor

TORONTO — The former governor of the Bank of Canada and several top Bay Street names are among the three finalists for the National Business Book Award 2023.