Skip to content

National Business

'Retail has nine lives' in Canada as 2023 consumer spending strong — for now: Report

'Retail has nine lives' in Canada as 2023 consumer spending strong — for now: Report

Retail sales growth in Canada is continuing to outperform much of the world so far this year, a sign of the ongoing resiliency of Canadian shoppers despite higher inflation and recession predictions, a new report has found.
High government spending means more inflation? It's complicated, economists say

High government spending means more inflation? It's complicated, economists say

OTTAWA — Conservative Leader Pierre Poilievre's attempt to block the federal government's budget bill from passing earlier this month is the latest example of government spending coming under scrutiny amid high inflation.
Why Marty Walsh left the Biden administration to run the NHL players' union

Why Marty Walsh left the Biden administration to run the NHL players' union

Marty Walsh wasn't a man in a hurry to leave the Biden administration. Less than halfway through the president's term, Walsh was in a comfortable spot in the Cabinet as labor secretary.
'I didn't have the energy to be upset': Entrepreneurs struggle with parental leave

'I didn't have the energy to be upset': Entrepreneurs struggle with parental leave

TORONTO — For as long as she has worked, Marie Chevrier Schwartz has paid into Canada's Employment Insurance program. Yet when she eventually needed to collect the benefit, she was denied support.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: OSFI domestic stability buffer The Office of the Superintendent of Financial Institutions will make its semi-annual announcement Tuesday regarding the domestic stab
WestJet to shut down Sunwing Airlines, merge it with mainline business

WestJet to shut down Sunwing Airlines, merge it with mainline business

WestJet will wind down Sunwing Airlines and integrate the low-cost carrier into its mainline business within two years as part of a strategy to streamline operations amid fierce competition.
Enbridge to pay Bad River band $5.1M in Line 5 profits, move pipeline by 2026: judge

Enbridge to pay Bad River band $5.1M in Line 5 profits, move pipeline by 2026: judge

WASHINGTON — Calgary-based Enbridge Inc. must pay an Indigenous band in Wisconsin more than US$5 million in Line 5 profits and relocate the controversial cross-border pipeline within the next three years, a U.S. judge says.
TD Bank says outage that halted direct deposits has been resolved

TD Bank says outage that halted direct deposits has been resolved

TD Bank says it has fixed the technical problems that kept some account holders from getting paid on Friday.
Residents and tourists alike excited for the return of the Montreal Grand Prix

Residents and tourists alike excited for the return of the Montreal Grand Prix

MONTREAL — One of downtown Montreal's most famous nightlife streets has been turned over to pedestrians this weekend, but it's not part of Mayor Valérie Plante's much-publicized campaign to calm traffic in the city.
Taiwan opens doors to more Canadian beef 20 years after mad cow disease

Taiwan opens doors to more Canadian beef 20 years after mad cow disease

OTTAWA — Canada says it has regained market access to Taiwan for Canadian beef and beef products from animals over 30 months of age.