Skip to content

National Business

Lineups return to Canada Goose stores amid rebound in shoppers, especially in China

Lineups return to Canada Goose stores amid rebound in shoppers, especially in China

Shoppers are once again queuing up outside Canada Goose stores amid a strong rebound in foot traffic and demand for the luxury parka maker's expanding collection, the company said Thursday.
Looking for a house? High mortgages, few homes lead to biggest annual price drop in 11 years

Looking for a house? High mortgages, few homes lead to biggest annual price drop in 11 years

LOS ANGELES (AP) — A persistently low inventory of homes on the market held back U.S. home sales again in April, even as the national median sale price posted its biggest annual drop in 11 years. Existing home sales fell 3.
Lightspeed Commerce reports US$74.5M Q4 loss, revenue up 26% from year ago

Lightspeed Commerce reports US$74.5M Q4 loss, revenue up 26% from year ago

When Lightspeed Commerce Inc.'s chief executive surveys the months ahead, he sees it as "a year of two halves." "The first half of the year for us is going to be more costly, slower growth, but then the second half of the year for us...
Héroux-Devtek reports Q4 profit down from year ago, sales up

Héroux-Devtek reports Q4 profit down from year ago, sales up

LONGUEUIL, Que. — Héroux-Devtek Inc. reported a fourth-quarter profit of $6.3 million, down from $11.5 million a year earlier as its sales climbed higher.
Teachers, parents share advice on whether and how to approach end-of-year gifts

Teachers, parents share advice on whether and how to approach end-of-year gifts

TORONTO — In the fleeting days of the school year, some students will head to class with more than books, lunch and excitement for their impending summer off.
Fewer Americans apply for jobless benefits, labor market still showing strength

Fewer Americans apply for jobless benefits, labor market still showing strength

Fewer Americans applied for jobless benefits last week after a previous spike that some took as a sign that higher interest rates were finally cooling the labor market.
ATS reports $29.6M Q4 profit, revenue up more than 20% from year ago

ATS reports $29.6M Q4 profit, revenue up more than 20% from year ago

CAMBRIDGE, Ont. — ATS Corp. reported a fourth-quarter profit of $29.6 million, down from $39.9 million a year ago, as its revenue rose more than 20 per cent.
Russians could be disguising cash to evade Canadian sanctions, federal agency warns

Russians could be disguising cash to evade Canadian sanctions, federal agency warns

OTTAWA — Canada's financial intelligence agency is warning that Russians subject to economic sanctions due to Moscow's attack on Ukraine could try to evade them using shell companies, cryptocurrency and real-estate transactions.
Montana says 1st-in-nation TikTok ban protects people. TikTok says it violates their rights

Montana says 1st-in-nation TikTok ban protects people. TikTok says it violates their rights

HELENA, Mont. (AP) — Montana became the first state in the U.S. to enact a complete ban on TikTok on Wednesday when Republican Gov.
Enbridge punches back on Line 5 challenge: 'Nothing but counterfactual speculation'

Enbridge punches back on Line 5 challenge: 'Nothing but counterfactual speculation'

WASHINGTON — Michigan joined the Line 5 legal fray unfolding just across state lines Wednesday as lawyers for Enbridge Inc. and an Indigenous band prepared to square off over whether the controversial cross-border pipeline should be shut down.