National Business

NEW YORK (AP) — Capital One Financial is buying Discover Financial Services for $35 billion, in a deal that would bring together two of the nation's biggest lenders and credit card issuers.

VANCOUVER — Renters across the country faced record low vacancy rates and record high rent increases in 2023, but Statistics Canada says Toronto and Vancouver residents who don't own their homes face the greatest financial pressures.

MONTREAL — The union representing 9,300 workers at Canada's two biggest railways says public safety is at stake after contract negotiations ground to a halt this month, with a potential strike on the horizon.

OTTAWA — Tax filing season has officially kicked off as Monday marked the first day that Canadians can begin filing their income tax returns online.

DUBAI, United Arab Emirates (AP) — A missile attack by Yemen's Houthi rebels that damaged a Belize-flagged ship traveling through the Bab el-Mandeb Strait that connects the Red Sea and the Gulf of Aden has forced the crew to abandon the ship, authori

OTTAWA — As the Bank of Canada waits for the right moment to start cutting interest rates, some economists are arguing that its decision shouldn't hinge on the housing market.

MONTREAL — Workers at global packaging company Amcor are hitting the picket lines in Quebec, launching temporary strikes that kicked off Sunday.

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

TORONTO — In Keon Zhang's household, it started with a rite of passage: his eight-year-old discovering a pimple. "She was like, 'Daddy, I need to get rid of them ...

TORONTO — The House of Commons committee studying food prices is urging Loblaw and Walmart to sign on to the voluntary grocery code of conduct or risk having it legislated.