Skip to content

National Business

Statistics Canada says manufacturing sales up 1.6% in July after falling in June

Statistics Canada says manufacturing sales up 1.6% in July after falling in June

OTTAWA — Statistics Canada says manufacturing sales rose 1.6 per cent to $71.9 billion in July, boosted by higher sales of food products, petroleum and coal products and transportation equipment. The increase followed at 2.0 per cent decline in June.
TikTok is hit with $368 million fine under Europe's strict data privacy rules

TikTok is hit with $368 million fine under Europe's strict data privacy rules

LONDON (AP) — European regulators slapped TikTok with a $368 million fine on Friday for failing to protect children's privacy , the first time that the popular short video-sharing app has been punished for breaching Europe's strict data privacy rules
UAW poised for midnight strike at plants in Wayne, Michigan, Toledo, Ohio, and Wentzville, Missouri

UAW poised for midnight strike at plants in Wayne, Michigan, Toledo, Ohio, and Wentzville, Missouri

DETROIT (AP) — The United Auto Workers union says it will go on strike at three vehicle assembly plants as it presses Detroit companies to come up with better wage and benefit offers.
Trudeau calls on major grocers to stabilize food prices, drawing industry pushback

Trudeau calls on major grocers to stabilize food prices, drawing industry pushback

TORONTO — The federal government is demanding major Canadian grocers come up with a plan to stabilize prices, drawing pushback from the food industry.
In Congress, a mounting push to bring Latin American countries under USMCA umbrella

In Congress, a mounting push to bring Latin American countries under USMCA umbrella

WASHINGTON — A bipartisan duo of U.S. senators is leading a growing push to open up the continent's "gold standard" trade agreement to include parts of Latin America in order to build a better bulwark against China's geopolitical might.
Ottawa to remove GST on new rental housing, ask grocers to stabilize prices: PM

Ottawa to remove GST on new rental housing, ask grocers to stabilize prices: PM

LONDON, Ont.
Canfor to build new manufacturing facility after closure of Houston, B.C., sawmill

Canfor to build new manufacturing facility after closure of Houston, B.C., sawmill

Vancouver-based Canfor has announced plans to build a new manufacturing facility in Houston, B.C., about eight months after the forestry firm shut down its sawmill in the same community of about 3,000 residents.
Canopy Growth lands creditor protection for BioSteel business, intends to sell brand

Canopy Growth lands creditor protection for BioSteel business, intends to sell brand

Tired of its sports drink business weighing on its books, Canopy Growth Corp. is making moves to shed the division. The Smiths Falls, Ont.
Consumers still hungry for leisure travel, despite inflation, rate hikes: Transat CEO

Consumers still hungry for leisure travel, despite inflation, rate hikes: Transat CEO

MONTREAL — Canadians are still gung-ho for travel to sun-splashed resorts and European getaways, in spite of higher inflation and interest rates, says Transat AT Inc. chief executive Annick Guérard.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,567.84, up 288.90 points): Canopy Growth Corp. (TSX:WEED). Healthcare. Up 14 cents, or 8.97 per cent, to $1.70 on 22.