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National Business
National Business
April home sales slow with high mortgage rates, prices, putting chill into spring buying season
Sales of previously occupied U.S. homes fell in April, as elevated mortgage rates and rising prices discouraged prospective homebuyers during what’s traditionally the busiest time of the year for the housing market. Existing home sales dropped 0.
May 22, 2025 2:08 PM
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Stellantis postponing production of Dodge Charger Daytona R/T for 2026 model year
Automaker Stellantis is postponing production of the Dodge Charger Daytona R/T at its assembly plant in Windsor, Ont., for the 2026 model year, saying it continues to assess the effects of U.S. tariff policies.
May 22, 2025 1:45 PM
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S&P/TSX composite edges higher on Thursday, U.S. stocks mixed
TORONTO — Canada's main stock index edged higher on Thursday, helped by strength in the financial sector, while U.S. stock markets were mixed. The S&P/TSX composite index was up 14.84 points at 25,854.01.
May 22, 2025 1:36 PM
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Former Football Australia CEO James Johnson named head of Canadian Soccer Business
TORONTO — Canadian Soccer Business and the Canadian Premier League have a new boss and leadership structure with English-born Australian James (JJ) Johnson in the role of group chief executive officer.
May 22, 2025 1:18 PM
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Stocks slip in wobbly trading as worries about the US government's soaring debt continue to weigh
NEW YORK (AP) — U.S. stocks ended a wobbly day mostly lower in what has been a rocky week because of worries coming out of the bond market about the U.S. government’s mounting debt. The S&P 500 slipped less than 0.1% Thursday.
May 22, 2025 1:05 PM
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Quebec judge approves sale of vehicle-maker Lion Electric to investor group
MONTREAL — A Quebec Superior Court judge has approved the sale of vehicle-maker Lion Electric to a group of Quebec investors, giving the struggling manufacturer a new lease on life.
May 22, 2025 12:53 PM
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Stop making cents: US Mint moves forward with plans to kill the penny
WASHINGTON (AP) — The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday.
May 22, 2025 10:23 AM
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New report casts doubt on potential revival of Quebec LNG project
MONTREAL — Reviving a liquefied natural gas export project in Quebec's Saguenay region would be costly and likely unprofitable, a shareholder advocacy group says, as economic threats from the U.S.
May 22, 2025 9:43 AM
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TD Bank cutting 2% of workforce as part of restructuring effort
TORONTO — TD Bank Group said Thursday that it's cutting about two per cent of its workforce as the bank works to reduce costs and refocus spending under new leadership.
May 22, 2025 9:33 AM
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Senate votes to block California’s rule banning the sale of new gas-powered cars by 2035
WASHINGTON (AP) — The Senate voted on Thursday to block California’s first-in-the nation rule banning the sale of new gas-powered cars by 2035, acting to kill the nation’s most aggressive effort to transition toward electric vehicles as President Don
May 22, 2025 8:50 AM
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