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Business
Stock market today: Wall Street returns to record heights as Treasury yields ease
NEW YORK (AP) — Stocks returned to record heights following some mixed reports on the…
CMHC reports annual pace of housing starts in January down 10% from December
OTTAWA – The annual pace of housing starts in January slowed by 10 per cent…
Aging population will widen labour gap in Canadian agriculture: report
OTTAWA – Canada’s agriculture industry will have a domestic labour gap of more than 100,000…
Business council forecasts slower growth of 0.7 per cent in B.C. ahead of budget
VANCOUVER – A new report ahead of next week’s B.C. budget is forecasting slower economic…
Retail sales fall 0.8% in January from December as shoppers pause after strong holiday season
NEW YORK (AP) — Americans pulled back their spending more than expected in January after…
CPP Investments earned 3.4% in latest quarter, net assets grew to $590.8 billion
TORONTO – The Canada Pension Plan Investment Board says its fund earned a net return…
Statistics Canada says manufacturing sales down 0.7% in December
OTTAWA – Statistics Canada says manufacturing sales fell in December, weighed down by production slowdowns…
US applications for jobless benefits fall as labor market continues to show resilience
Fewer Americans filed for jobless claims last week as the labor market continues to show…
MTY Group reports Q4 profit more than doubled compared with year earlier
MONTREAL – MTY Food Group Inc. reported its fourth-quarter profit more than doubled compared with…
Great-West Lifeco sees fourth-quarter earnings rise to $740 million
WINNIPEG – Great-West Lifeco Inc. says its fourth-quarter net earnings were $740 million, up from…
West Fraser Timber loses US$153 million in fourth quarter, sales soften
VANCOUVER – West Fraser Timber Co. Ltd. says it lost US$153 million in its fourth…
Manulife Financial reports fourth-quarter earnings of $1.66 billion
TORONTO – Manulife Financial Corp. says it had a net income attributed to shareholders of…
Date night strike: Thousands of US, UK delivery, ride-hailing drivers stop work on Valentine’s Day
Thousands of ride-hailing and delivery workers in the U.S. and the U.K. went on strike…
Most actively traded companies on the Toronto Stock Exchange
TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange:…
Makers of COVID-19 protective equipment seek over $5 billion in damages from Ottawa
OTTAWA – Canadian manufacturers of masks and other equipment for protecting against COVID-19 are seeking…
Fixed-price defence deals drag down CAE’s profits — and share price
MONTREAL – Fixed-price defence contracts dragged down earnings at CAE Inc. as the flight simulator…
S&P/TSX composite gains more than 300 points, U.S. markets also up
TORONTO – Canada’s main stock index gained more than 300 points or almost 1.5 per…
Bell urges conditions if CRTC mandates wholesale access, Telus awaits its next move
BCE Inc. is urging the CRTC to implement conditions such as caps on eligible speeds…
Rental demand from international students will slow this year, but won’t fall: RBC
OTTAWA – RBC says a recently announced cap on new study permits won’t lead to…
Federal Court allows judicial review of Rocky Mountain coal mine denied by panel
A Federal Court ruling Tuesday has thrown out a decision from federal Environmental Minister Steven…
Corporate profits must not trump public interest on AI: UN tech envoy
MONTREAL – The United Nations’ top tech official fears that corporate interests may undermine the…
January home sales rise as markets tighten but prices still softening: CREA
TORONTO – Home sales rose in an unseasonably warm January to mark a second month…
Barrick reports US$1.27B profit for 2023, up from US$432M in 2022
TORONTO – Barrick Gold Corp. reported that gold production for 2023 fell short of its…
Turkey detains 4 as part of a probe into a gold mine landslide that left at least 9 missing
ANKARA, Turkey (AP) — Authorities on Wednesday detained four people in connection with a massive…