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Business
What today’s interest rate decision means, and what experts say is next
The Bank of Canada surprised almost no one when it held interest rates steady at…
Stock market today: Wall Street loses ground as weak stretch continues
NEW YORK – Stocks fell on Wall Street, continuing a weak stretch on this holiday-shortened…
More post-secondary students rely on parents, stay home to finish school: RBC poll
TORONTO – Inflation is driving more post-secondary students to stay home with their parents as…
UAW chief: Union to strike any Detroit automaker that hasn’t reached deal as contracts end next week
DETROIT (AP) — The head of the United Auto Workers warned Wednesday that the union…
Global group of media organizations releases principles for AI development
TORONTO – Twenty-five global organizations, including news and publishing companies, have banded together to urge…
Feds award $15 million contract to Sun Life to lay groundwork for dental care program
OTTAWA – The federal government has awarded a contract worth up to $15 million to…
Weakening economy convinces BoC to hold key rate, but door to more hikes stays open
OTTAWA – The Bank of Canada decided to hold its key interest rate steady on…
Zellers pop-ups to land in all remaining Hudson’s Bay locations
TORONTO – Hudson’s Bay says it is expanding its Zellers brand to even more of…
Statistics Canada says country posted $987M merchandise trade deficit in July
OTTAWA – Lower shipments of gold and the B.C. port strike weighed on imports as…
Four per cent of Canadian businesses use AI, adoption highest in Quebec: report
TORONTO – A new report says only four per cent of Canadian businesses are using…
Toronto home sales little changed from July to August — but expect volatility: board
TORONTO – The Greater Toronto Area housing market saw home sales and prices barely shift…
Auto sales in August jump 18 per cent in tenth straight month of gains: DesRosiers
TORONTO – The new light vehicle market grew again in August, with sales jumping 18.3…
Tennis ball wasteland? Game grapples with a fuzzy yellow recycling problem
NEW YORK (AP) — Tennis has a fuzzy yellow problem most players don’t think about…
Air Canada apologizes for booting passengers who complained about vomit-smeared seats
Air Canada says it has apologized to two passengers who were escorted off a plane…
Canada’s tech industry experiencing shift away from remote work
When Heather Aleinik was laid off from Shopify Inc. last summer, it was “one of…
Rogers countersues ex-CEO Joe Natale, demanding repayment of $15M in severance
TORONTO – Rogers Communications Inc. has launched a countersuit against former CEO Joe Natale, seeking…
Oil prices spike as Saudi Arabia, Russia extend 1.3 million barrel a day oil cut through December
DUBAI, United Arab Emirates (AP) — Saudi Arabia and Russia agreed Tuesday to extend their…
WestJet Encore pilots file notice to begin contract negotiations with management
CALGARY – Pilots with WestJet Encore are gearing up to bargain their second collective agreement.…
Enbridge to purchase three U.S. utilities for $14 billion in cash and debt
CALGARY – Enbridge Inc. has signed a US$14 billion cash-and-debt deal that represents a major…
United Airlines says the outage that held up departing flights was not a cybersecurity issue
United Airlines said Tuesday that a software update triggered a glitch that forced it to…
South Korean firm opening copper foil plant in Quebec for use in electric vehicles
GRANBY, Que. – A new player has entered Quebec’s electric vehicle battery sector, with a…
Most actively traded companies on the Toronto Stock Exchange
TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange:…
S&P/TSX composite posts loss Tuesday ahead of rate decision, U.S. markets also lower
TORONTO – Canada’s main stock index moved lower as investors await an interest rate decision…
Stock market today: Wall Street ends lower following two weeks of gains
NEW YORK – Stocks closed lower on Wall Street as traders return from a long…