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National Business
National Business
Federal government posts $4.3 billion deficit between April and August this year
OTTAWA — The federal government posted a budgetary deficit of $4.3 billion from April to August. In its monthly fiscal monitor, the Finance Department says this compares to a surplus of $3.9 billion during the same period of the 2022-23 fiscal year.
Oct 27, 2023 8:13 AM
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Sleep Country to give Silk & Snow acquisition first brick-and-mortar presence
TORONTO — Sleep Country Canada Holdings Inc. will give one of its newest acquisitions its first ever brick-and-mortar store next month.
Oct 27, 2023 7:55 AM
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Corus Entertainment encouraged by CRTC's signal of potential CanCon spending relief
TORONTO — A potential move by Canada's telecommunications regulator to ease some Canadian content spending requirements for Corus Entertainment Inc.
Oct 27, 2023 7:52 AM
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US consumers keep spending briskly even in the face of persistent inflation and high interest rates
WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth .
Oct 27, 2023 7:23 AM
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Gas and power utility Fortis reports $394M Q3 profit, up from $326M a year earlier
ST. JOHN'S, N.L. — Fortis Inc. reported a third-quarter profit of $394 million, up from $326 million a year earlier. The gas and power utility says the profit amounted to 81 cents per diluted share for the quarter ended Sept.
Oct 27, 2023 5:04 AM
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Canadian ranchers brace for long, lean winter after droughts, soaring feed costs
CALGARY — It could be a long, lean winter in cattle country as drought-ravaged western Canadian ranchers struggle to secure feed to get their livestock through the cold months.
Oct 27, 2023 1:00 AM
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Former Premier Li Keqiang, China’s top economic official for a decade, dies at 68
BEIJING (AP) — Former Premier Li Keqiang , China’s top economic official for a decade, died Friday of a heart attack. He was 68. Li was China’s No.
Oct 27, 2023 12:40 AM
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Autoworkers reach a deal with Ford, a breakthrough toward ending strikes against Detroit automakers
DETROIT (AP) — The United Auto Workers union said Wednesday it has reached a tentative contract agreement with Ford that could be a breakthrough toward ending the nearly 6-week-old strikes against Detroit automakers.
Oct 26, 2023 9:39 PM
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Hurricane Otis survivors search for friends and necessities in devastated Acapulco
ACAPULCO, Mexico (AP) — Survivors of a Category 5 storm that killed at least 27 people as it devastated Mexico’s resort city of Acapulco spent Thursday searching for acquaintances and necessities and hoping that aid would come quickly in the wake of
Oct 26, 2023 6:26 PM
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Indians still want to move to Canada despite growing anxiety over political tensions
TORONTO — As tensions flare between India and Canada, recruitment firms say interest from workers moving between the two countries has not dropped significantly – even though anxiety is building.
Oct 26, 2023 4:26 PM
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