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National Business
National Business
Queen Elizabeth toonie most popular coin some sellers have seen
TORONTO — Colin Cutler has been going to coin shows since he was 14 but has never come across a coin as popular as the black-ringed toonie the Royal Canadian Mint released to memorialize the late Queen Elizabeth.
May 4, 2023 7:49 AM
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Fed raises key rate but hints it may pause amid bank turmoil
WASHINGTON (AP) — The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years.
May 3, 2023 9:44 PM
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Elon Musk threatens to reassign NPR's Twitter account
WASHINGTON (AP) — Elon Musk threatened to reassign NPR’s Twitter account to “another company,” according to the non-profit news organization, in an ongoing spat between Musk and media groups since his $44 billion acquisition of Twitter last year.
May 3, 2023 5:04 PM
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Canada has nothing to fear from U.S. protectionist rhetoric, envoy to Ottawa insists
WASHINGTON — Canada threw a "hissy fit" over President Joe Biden's original plan to boost the sales of American-made electric vehicles, the U.S.
May 3, 2023 3:52 PM
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Canadian Tire, Petro-Canada to partner up on gas stations and rewards programs
TORONTO — Canadian Tire Corp. Ltd.'s more than 200 retail fuel sites will be rebranded under Petro-Canada in a new partnership between the retailer and the fuel brand. Canadian Tire says in a joint release with Suncor Energy Inc.
May 3, 2023 3:48 PM
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Parkland sees earnings rise 40 per cent in first quarter of 2023
CALGARY — Parkland Corp. says it earned $77 million in the first quarter of 2023, up 40 per centfrom $55 million a year earlier.
May 3, 2023 2:41 PM
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Gildan sees sales decline in first quarter, affirms full-year outlook
MONTREAL — Gildan Activewear Inc. says it earned US$97.6 million in the first quarter of 2023, down 33.3 per cent from US$146.4 million a year earlier. The Montreal-based company, which reports in U.S.
May 3, 2023 2:28 PM
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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 (20,354.68, down 52.88): Enbridge Inc. (TSX:ENB). Energy. Up 41 cents, or 0.78 per cent, to $52.95 on 16.5 million shares.
May 3, 2023 2:00 PM
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As Glencore eyes Teck, Brad Wall sees echoes of 2010 battle for Potash Corp.
CALGARY — Former Saskatchewan premier Brad Wall says he doesn't know enough of the details to take a public stance on the merits of mining giant Glencore PLC's ongoing hostile takeover bid for Teck Resources Ltd.
May 3, 2023 1:52 PM
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S&P/TSX composite down as crude drops below US$70 per barrel, U.S. markets also lower
TORONTO — Canada's main stock index posted a small loss Wednesday, weighed down by weakness in energy stocks as the price of oil fell below US$70 a barrel, while U.S. stock markets were also down after the Federal Reserve hiked interest rates again.
May 3, 2023 1:39 PM
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