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As sub competition heats up, TKMS and Germany making moves in Canada

As sub competition heats up, TKMS and Germany making moves in Canada

OTTAWA — Representatives from the German government and submarine builder ThyssenKrupp Marine Systems insist there's no question they can meet Canada's tight delivery deadline for getting its first new submarine by 2035.
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TD Bank posts Q3 profit as it continues recovery from anti-money laundering charges

TD Bank posts Q3 profit as it continues recovery from anti-money laundering charges

TORONTO — TD Bank Group swung to a profit in its latest quarter compared to last year as it continues to restructure and recover from anti-money laundering failures. "This quarter, we made significant progress on our U.S. balance sheet restructuring.
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Spirits maker Diageo to close Amherstburg, Ont., bottling facility next year

Spirits maker Diageo to close Amherstburg, Ont., bottling facility next year

LONDON — Spirits maker Diageo will cease operations at its bottling facility in Amherstburg, Ont., early next year, as it shifts some bottling volume to the U.S., the company announced on Thursday.
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RRSP, TFSA, FHSA, RESP: The ABCs of how to divvy up savings across accounts

RRSP, TFSA, FHSA, RESP: The ABCs of how to divvy up savings across accounts

TORONTO — As many young Canadians head off to college and university, some will be fortunate enough to be able to tap into a registered education savings plan.
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Desjardins Group to acquire Guardian Capital in $1.67B take-private deal

Desjardins Group to acquire Guardian Capital in $1.67B take-private deal

MONTREAL — Desjardins Group is acquiring global investment management company Guardian Capital Group Ltd. for around $1.67 billion or $68 per share, the co-operative financial group said on Thursday.
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Fed Gov. Lisa Cook sues Trump administration to block her attempted firing

Fed Gov. Lisa Cook sues Trump administration to block her attempted firing

WASHINGTON (AP) — Federal Reserve Governor Lisa Cook has sued the Trump administration in an effort to overturn the president’s attempt to fire her, launching an unprecedented legal battle that could significantly reshape the Fed’s longstanding polit
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US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth

US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth

WASHINGTON (AP) — The U.S. economy rebounded this spring from a first-quarter downturn due to fallout from President Donald Trump’s trade wars . In an upgrade from its first estimate in July, the Commerce Department said Thursday that U.S.
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US applications for jobless benefits fell last week as layoffs remain low

US applications for jobless benefits fell last week as layoffs remain low

WASHINGTON (AP) — Fewer Americans sought unemployment benefits last week as employers appear to be holding onto their workers even as the economy has slowed . Applications for unemployment benefits for the week ending Aug.
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LeBlanc leaves Washington with a sense that progress has been made

LeBlanc leaves Washington with a sense that progress has been made

WASHINGTON — Canada-U.S. Trade Minister Dominic LeBlanc said he left Washington Wednesday with a sense that progress was made after a meeting with U.S. Commerce Secretary Howard Lutnick.
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Canada Post urges union to revisit offers, says gap between parties is 'substantial'

Canada Post urges union to revisit offers, says gap between parties is 'substantial'

OTTAWA — Canada Post is urging the Canadian Union of Postal Workers to revisit its offers after meeting at the bargaining table Wednesday.
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