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S&P/TSX composite falls almost 400 points, U.S. stock markets also retreat
TORONTO – Canada’s main stock index fell almost 400 points, or nearly two per cent,…
Suncor has been too focused on energy transition, must get back to fundamentals: CEO
CALGARY – The man hired to turn around the flagging fortunes of Suncor Energy Inc.…
Office vacancy rate could peak in 2024 as hybrid work models gain popularity: report
TORONTO – The national office vacancy rate could peak at approximately 15 per cent by…
Cash incentives offered to Nova Scotia businesses that promote the ‘Gaelic brand’
HALIFAX – The next time you order a meal in Nova Scotia, you could get…
Annual grocery price increases continue to far outpace overall inflation
Grocery prices are still rising at a far higher annual pace than overall inflation, but…
President Biden focuses on factory jobs in Wisconsin, ignoring latest Trump indictment
MILWAUKEE (AP) — On the heels of a fourth indictment for Donald Trump, President Joe…
As inflation jumps to 3.3 per cent in July, economists say uptick is bad news for BoC
OTTAWA – Canada’s annual inflation rate rose to 3.3 per cent in July, as economists…
Alberta’s electricity cost surge helps drive inflation even as energy prices drop
Statistics Canada says a spike in the amount Albertans paid for electricity last month counteracted…
Netflix launches gaming test for televisions and computers in Canada
TORONTO – Netflix says it has begun an experiment allowing some Canadians to play its…
Stock market today: Wall Street falls with markets worldwide after weak economic data from China
NEW YORK (AP) — Stocks worldwide are falling Tuesday as China’s faltering recovery raises worries…
Texas sues Shell over May fire at Houston-area petrochemical plant
AUSTIN, Texas (AP) — Texas is suing Shell and is seeking more than $1 million,…
July home sales see largest annual rise in two years: CREA
July home sales saw the largest year-over-year increase in more than two years, but were…
Statistics Canada reports manufacturing sales down 1.7 per cent in June
OTTAWA – Statistics Canada says manufacturing sales fell 1.7 per cent to $71.5 billion in…
Ontario Teachers earned 1.9% net return for first half of 2023
TORONTO – The Ontario Teachers’ Pension Plan Board says it earned a net return of…
Retail sales rose solidly last month in a sign that consumers are still spending freely
NEW YORK (AP) — Americans increased their purchases at retailers last month – for clothing,…
Here’s a list of July inflation rates for selected Canadian cities
OTTAWA – Canada’s annual inflation rate was 3.3 per cent in July, Statistics Canada says.…
Here’s a list July inflation rates for Canadian provinces
OTTAWA – Canada’s national annual inflation rate was 3.3 per cent in July, Statistics Canada…
Shawcor sells substantial part of pipeline and pipe services business for $220M
TORONTO – Shawcor Ltd. has signed a deal to sell a substantial part of its…
Russia’s central bank makes huge interest rate hike to try to prop up falling ruble
TALLINN, Estonia (AP) — Russia’s central bank made a big interest rate hike Tuesday, an…
Home Depot tops expectations again, but signs of spending pullback by Americans
ATLANTA (AP) — Home Depot topped profit and sales expectations in its most recent quarter,…
How the feds could push cities to build more homes — with a carrot or stick
OTTAWA – From local zoning to community consultations, there are plenty of ways cities are…
Russia’s ruble hits its lowest level since early in the war. The central bank plans to step in
LONDON (AP) — The Russian ruble on Monday reached its lowest value since the early…
Long way home: Blamed for affordability crisis, Liberals look to pivot on housing
OTTAWA – Chris Burke and his fiancée have been less than a year away from…
Suncor earns $1.88 billion in Q2; takes restructuring charge related to layoffs
CALGARY – Suncor Energy Inc. says it earned $1.88 billion in the second quarter of…