Skip to content

National Business

S&P/TSX composite posts gain on Monday, U.S. markets rise

S&P/TSX composite posts gain on Monday, U.S. markets rise

TORONTO — Strength in base metals and technology helped Canada's main stock index rise on Monday, while U.S. stocks also rose as November's gains continue. The S&P/TSX composite index closed up 70.70 points at 20,246.47.
Transport committee launches probe into accessibility at Canadian airlines

Transport committee launches probe into accessibility at Canadian airlines

OTTAWA — A parliamentary committee is launching an investigation into accessibility at Canadian airlines, with a focus on the country's two largest carriers.
Stock market today: Wall Street rises to its best level since the start of August

Stock market today: Wall Street rises to its best level since the start of August

NEW YORK (AP) — Wall Street posted solid gains to begin a holiday-shortened week, reaching its highest level in more than three months. The S&P 500 rose 0.7% Monday, coming off its third straight winning week.
Air Canada rejects blame in $24M gold theft as it faces Brink's lawsuit

Air Canada rejects blame in $24M gold theft as it faces Brink's lawsuit

MONTREAL — Air Canada has fired back in a lawsuit by security firm Brink's, saying the airline bears no responsibility for the daring theft of $23.8 million in gold and cash from its facilities at Toronto's Pearson airport earlier this year.
Canadian Chamber of Commerce forms AI council with members including Amazon, Google

Canadian Chamber of Commerce forms AI council with members including Amazon, Google

OTTAWA — The Canadian Chamber of Commerce says it has formed a council aimed at shaping public policy around artificial intelligence.
Fiscal update includes loans for housing developers, affordable housing fund: source

Fiscal update includes loans for housing developers, affordable housing fund: source

OTTAWA — Finance Minister Chrystia Freeland is set to present the fall economic statement on Tuesday, a document that will make billions in loans available for homebuilders and earmark a fund for affordable housing.
Economists expect inflation slowed again in October as high interest rates take hold

Economists expect inflation slowed again in October as high interest rates take hold

OTTAWA — Forecasters anticipate Canada's inflation rate took another dip in October as gasoline prices fell from the previous month and grocery prices rose more slowly.
Primaris REIT buying Halifax shopping complex for $370 million

Primaris REIT buying Halifax shopping complex for $370 million

TORONTO — Primaris Real Estate Investment Trust says it has signed a deal to buy a shopping centre complex in Halifax for $370 million. The deal includes the Halifax Shopping Centre and the Annex, which sits adjacent to the mall.
First Quantum reduces operations at Cobre Panama further as blockade continues

First Quantum reduces operations at Cobre Panama further as blockade continues

TORONTO — First Quantum Minerals Ltd. says it has reduced operations at its Cobre Panama copper mine further and warns if a blockade of small boats at the mine's port continues it will have to temporarily halt production.
CRA claws back $458 million in pandemic-era wage subsidies after partial audit

CRA claws back $458 million in pandemic-era wage subsidies after partial audit

OTTAWA — The Canada Revenue Agency has denied or adjusted $458 million in funds disbursed to employers through a pandemic-era wage subsidy program as a result of a partially completed auditing process.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks