National Business

The number of Americans applying for unemployment benefits last week ticked up modestly after falling to the lowest level in seven months the week before, as companies continue to retain employees despite the Federal Reserve's efforts to cool the eco

TORONTO — Equifax Canada says credit card balances hit an all-time high of $107.4 billion in the second quarter of 2023, in a sign financial stress continued to build in the face of inflation and rising interest rates.

LONDON, Ont. — The federal government is trying to channel the anger it's facing over the lack of affordable housing into a challenge for municipalities.

WASHINGTON (AP) — The U.S. Justice Department pressed ahead with its antitrust case against Google Wednesday, questioning a former employee of the search engine giant about deals he helped negotiate with phone companies in the 2000s.

Olymel is closing two plants in Quebec and Ontario and accelerating the closure of another facility, affecting around 400 employees as the company says it continues to deal with market challenges.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,278.94, up 55.86 points): Canopy Growth Corp. (TSX:WEED). Healthcare. Down 26 cents, or 14.29 per cent, to $1.56 on 24.

TORONTO — Canada's main stock index posted a small gain Wednesday while U.S. stock markets were mixed after the latest report on inflation south of the border showed an acceleration in August. U.S. inflation last month was 3.

NEW YORK (AP) — Stocks churned to a mixed close on Wall Street after a highly anticipated report showed inflation accelerated across the country last month, but not by much more than expected. The S&P 500 managed a gain of 0.

MONTREAL — Hassaan Sheikh says that as his team distributes blankets and mattresses in Moroccan villages, they are told about bodies being discovered under the rubble of homes flattened by last week's earthquake.

OTTAWA — The CEO of WestJet says the company will revisit its policy after the airline faced backlash for allowing Conservative Leader Pierre Poilievre to speak on the PA system on a recent flight.