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Rising GIC returns broadening their appeal to younger investors

Rising GIC returns broadening their appeal to younger investors

OTTAWA — Rising interest rates have pushed up costs for borrowers and made mortgages, car loans and other debt more expensive, but the flip side for savers is the better rates for investments such as guaranteed investment certificates.
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Barrick preliminary Q3 sales total 1.03M ounces of gold and 101M pounds of copper

Barrick preliminary Q3 sales total 1.03M ounces of gold and 101M pounds of copper

TORONTO — Barrick Gold Corp. says its preliminary third-quarter sales totalled 1.03 million ounces of gold and 101 million pounds of copper.
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Quebecor extends coverage areas for Freedom Mobile customers, launching MVNO service

Quebecor extends coverage areas for Freedom Mobile customers, launching MVNO service

MONTREAL — Quebecor Inc. is extending coverage across Canada for customers of its Freedom Mobile, Videotron and Fizz brands following regulatory rulings that it says will promote competition.
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Social Security benefits will increase by 3.2% in 2024 as inflation moderates

Social Security benefits will increase by 3.2% in 2024 as inflation moderates

WASHINGTON (AP) — Millions of Social Security recipients will get a 3.2% increase in their benefits in 2024, far less than this year's historic boost and reflecting moderating consumer prices .
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Laurentian Bank makes changes to senior executive ranks

Laurentian Bank makes changes to senior executive ranks

MONTREAL — Laurentian Bank announced a series of changes to its senior executive ranks following a shakeup that saw the appointment of Éric Provost as president and chief executive earlier this month.
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St. Lawrence Seaway workers vote in favour of strike if no deal reached by Oct. 21

St. Lawrence Seaway workers vote in favour of strike if no deal reached by Oct. 21

MONTREAL — Workers represented by Unifor at the St. Lawrence Seaway Corp. have voted 99 per cent in favour of a strike if they are not able to reach a new contract. The union has set a deadline of Oct. 21 to reach an agreement.
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Royal LePage downgrades Q4 housing price forecast; expecting seven per cent increase

Royal LePage downgrades Q4 housing price forecast; expecting seven per cent increase

Real estate firm Royal LePage is forecasting the aggregate price of a home in Canada will increase seven per cent in the final quarter of 2023 compared with the same period last year, downgrading its previous outlook of 8.5 per cent.
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Greenpeace files securities complaint against Suncor over climate risk disclosures

Greenpeace files securities complaint against Suncor over climate risk disclosures

CALGARY — An environmental group has lodged a formal complaint with the Alberta Securities Commission over Suncor Energy Inc.'s climate risk disclosures.
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Air Canada pilot's 'unacceptable' posts against Israel result in job loss

Air Canada pilot's 'unacceptable' posts against Israel result in job loss

MONTREAL — An Air Canada pilot who the airline says made "unacceptable posts" about Israel after deadly attacks on that country over the weekend no longer works there. On Tuesday afternoon, the group StopAntisemitism.
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Exxon's US$59.5B bet on fossil fuels has implications for Canadian oilpatch: experts

Exxon's US$59.5B bet on fossil fuels has implications for Canadian oilpatch: experts

CALGARY — Exxon Mobil Corp.'s acquisition of Pioneer Natural Resources in a US$59.5 billion mega-deal is being seen by some as a major vote of confidence in fossil fuels that also bodes well for the Canadian oilpatch. The U.S.
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