Skip to content

National Business

More traditional finance professionals shifting to crypto as sector grows up

More traditional finance professionals shifting to crypto as sector grows up

TORONTO — Jillian Friedman was first drawn to the cryptocurrency world a decade ago by the idea of building a new, open-sourced financial system, but the shaky structures and lack of diversity in the early days pushed her into a traditional banking c
April's home sales down 41% from last year, 27% since March: Toronto realty board

April's home sales down 41% from last year, 27% since March: Toronto realty board

TORONTO — Prospective homebuyers saw clear signs of a cooling Toronto market in April as the region's real estate board reported sales dropped by about 41 per cent since last year and 27 per cent from a month earlier.
Human rights advocate to lead PEN's writers' protection work

Human rights advocate to lead PEN's writers' protection work

NEW YORK (AP) — The literary writer’s organization PEN America is expanding its support of writers around the world who face imprisonment for their work by hiring human rights advocate Liesl Gerntholtz to head the new PEN/Barbey Freedom to Write Cent
Barrick Q1 profit down, performance component boosts quarterly dividend to 20 cents

Barrick Q1 profit down, performance component boosts quarterly dividend to 20 cents

TORONTO — Barrick Gold Corp. reported a first-quarter profit of US$438 million, down from US$538 million in the same quarter last year.
EU takes major step toward Russian oil ban, new sanctions

EU takes major step toward Russian oil ban, new sanctions

BRUSSELS (AP) — The European Union's top official on Wednesday called on the 27-nation bloc to ban oil imports from Russia and target the country’s biggest bank and major broadcasters in a sixth package of sanctions over the war in Ukraine .
Russia storms Mariupol plant as some evacuees reach safety

Russia storms Mariupol plant as some evacuees reach safety

ZAPORIZHZHIA, Ukraine (AP) — Russian forces Tuesday began storming the steel mill containing the last pocket of resistance in Mariupol, Ukrainian defenders said, just as scores of civilians evacuated from the bombed-out plant reached relative safety
Lion Electric swings to US$2.1M profit in Q1 as sales surge with vehicle deliveries

Lion Electric swings to US$2.1M profit in Q1 as sales surge with vehicle deliveries

MONTREAL — The Lion Electric Co. says it swung to a profit last quarter as sales nearly quadrupled on a large increase in vehicle deliveries. The Montreal-based manufacturer of all-electric medium and heavy-duty urban vehicles says it earned US$2.
CBS declares television season victory with weeks to go

CBS declares television season victory with weeks to go

NEW YORK (AP) — The traditional broadcast television season doesn't end until later this month, but that hasn't stopped CBS from declaring victory.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,905.28, up 213.06 points.) Suncor Energy Inc. (TSX:SU). Energy. Up $1.11, or 2.4 per cent, to $47.53 on 10.3 million shares.
Man convicted in $60M film finance fraud scheme

Man convicted in $60M film finance fraud scheme

FORT LAUDERDALE, Fla.