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S&P/TSX composite swings back to losses, ends down more than 200 points

S&P/TSX composite swings back to losses, ends down more than 200 points

TORONTO — Canada's main stock index ended down more than 1.1 per cent in broad-based declines on continued economic growth concerns, while U.S. stock markets also fell. The S&P/TSX composite index closed down 207.08 points at 18,441.
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Chloe goes for pared-down 1970s, riffing on disco in Paris

Chloe goes for pared-down 1970s, riffing on disco in Paris

PARIS (AP) — Chloe — the house that invented ready-to-wear — got almost ready-to-dance at Thursday’s installment of Paris Fashion Week as designer Gabriela Hearst developed disco fever, cracking open strobe lighting, colored 1970s disc motifs and gru
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WestJet sets sights on low-cost leisure with purchase of 42 more airplanes

WestJet sets sights on low-cost leisure with purchase of 42 more airplanes

WestJet is making a substantial addition to its fleet with the purchase of 42 aircraft as the airline plans to expand its low-cost offerings, with plans to add routes to sun destinations from cities across Canada.
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Relationship breaks down between Torstar owners, one seeks order to wind up company

Relationship breaks down between Torstar owners, one seeks order to wind up company

TORONTO — One of the owners of Torstar Corp. is seeking a court order to wind up the media company, citing "irreparable" damage to the relationship with his business partner. Paul Rivett, one of the owners of Nordstar Capital Inc.
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Gas prices up in some cities across Canada by as much as 19 cents

Gas prices up in some cities across Canada by as much as 19 cents

TORONTO — Gas prices jumped overnight in some cities across Canada, in many cases by around ten cents a litre, and by almost 20 cents in one city. The price of gas on Thursday was up nationally by just over three cents on average at $1.
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Wall Street drops back to lowest since 2020 as fear returns

Wall Street drops back to lowest since 2020 as fear returns

NEW YORK (AP) — Stocks are back to falling on Wall Street as worries about a possible recession and rising bond yields put the squeeze back on markets. The S&P 500 fell 2.1% Thursday, reaching its lowest level since late 2020.
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Senate passes stopgap bill to avert shutdown, aid Ukraine

Senate passes stopgap bill to avert shutdown, aid Ukraine

WASHINGTON (AP) — The Senate passed a short-term spending bill on Thursday that would avert a partial government shutdown when the current fiscal year ends at midnight Friday and provide another infusion of military and economic aid to Ukraine as it
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Homes still unaffordable for average households despite fall in prices: reports

Homes still unaffordable for average households despite fall in prices: reports

OTTAWA — Buying a home has become more unaffordable for Canadians even as housing prices fall, according to new reports from the parliamentary budget officer and RBC.
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CIBC aims to reduce emission intensity from power portfolio by 32 per cent by 2030

CIBC aims to reduce emission intensity from power portfolio by 32 per cent by 2030

TORONTO — CIBC says it aims to cut the emissions intensity of its power generation portfolio by 32 per cent by 2030 in the latest climate target released by a Canadian bank.
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Statistics Canada says job vacancies dropped below one million in July

Statistics Canada says job vacancies dropped below one million in July

OTTAWA — Statistics Canada says the number of job vacancies in the country moved lower to slip below one million in July, but remained well above where they were a year earlier.
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