Economy, Law & Politics

TORONTO — Five things to watch for in the Canadian business world in the coming week: Postal strike The strike by some 55,000 workers at Canada Post is in its fourth week.

As the Canada Post strike drags into a fourth week, experts say there's growing pressure on the government to act as the business community's calls for intervention get louder.

TORONTO — Canada's main stock index eked out a gain Friday as a rise in tech stocks helped outweigh losses in energy, while U.S. markets were mixed after employment reports on both sides of the border. The S&P/TSX composite index closed up 11.

NEW YORK (AP) — U.S. stocks rose to records after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation. The S&P 500 climbed 0.

TORONTO — A new report suggests the federal government's rapidly reduced immigration targets will significantly slow economic growth, but not enough to trigger a recession.

Purolator and UPS have paused shipments from some courier companies as they try to work through a deluge of deliveries brought on by the Canada Post strike, creating even bigger backlogs at the height of the holiday shipping season.

TORONTO — Canada's big banks reported year-end financial results this week that showed mixed results as elevated interest rates and a softening economy weighed. Here's some of what banks said about how things are going and what's ahead in 2025.

New rules on involuntary care aim to tackle mental health and addiction crises