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Federal government posts $1.7 billion surplus for April to September period

Federal government posts $1.7 billion surplus for April to September period

OTTAWA — The federal government posted a surplus of $1.7 billion during the first six months of the 2022-23 fiscal year. In its monthly fiscal monitor, the finance department says the surplus between April and September compares to a deficit of $68.
Adidas investigates after ex-workers allege Ye misconduct

Adidas investigates after ex-workers allege Ye misconduct

LONDON (AP) — Adidas says it is investigating allegations of inappropriate workplace conduct by the rapper formerly known as Kanye West that ex-employees made in an anonymous letter also accusing the German sportswear brand of looking the other way.
'We’re going to be packed': World Cup brings traffic boost to restaurants and bars

'We’re going to be packed': World Cup brings traffic boost to restaurants and bars

TORONTO — The FIFA World Cup is bringing a welcome surge in traffic to restaurants and bars. Rocco Mastrangelo Jr.
Jordan Bitove takes full ownership of Torstar after rift

Jordan Bitove takes full ownership of Torstar after rift

Toronto Star publisher Jordan Bitove has taken sole control of the newspaper's parent company effective Thursday as part of an arbitration deal with co-owner Paul Rivett, according to Torstar Corp.
S&P/TSX composite posts small gain Thursday as U.S. markets close for Thanksgiving

S&P/TSX composite posts small gain Thursday as U.S. markets close for Thanksgiving

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index made small but broad-based gains Thursday on a slow day for the markets amid the Thanksgiving holiday south of the border. Volumes were low on the TSX Thursday as U.S.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,344.07, up 61.81): Manulife Financial Corp. (TSX:MFC). Financials. Up 16 cents, or 0.67 per cent, to $23.96 on 8.6 million shares.
Ottawa, air sector discuss industry concerns ahead of winter travel season

Ottawa, air sector discuss industry concerns ahead of winter travel season

MONTREAL — Delays at security check-in and other problems at sa¹ú¼Ê´«Ã½'s airports were among the concerns raised Thursday as the air travel industry came together ahead of the busy winter travel season, but the sector warns more remains to be done.
An economic threat is a national threat, Freeland tells inquiry into Emergencies Act

An economic threat is a national threat, Freeland tells inquiry into Emergencies Act

OTTAWA — Finance Minister Chrystia Freeland drew a direct link between sa¹ú¼Ê´«Ã½â€™s economic and national security on Thursday, as she defended her government’s decision to declare a public order emergency to end the "Freedom Convoy" protests.
Long-term rate hikes effects will be 'more powerful' than people think: Poloz

Long-term rate hikes effects will be 'more powerful' than people think: Poloz

OTTAWA — The full effects of interest rate hikes have yet to be felt — and will be "even more powerful" than many anticipate, said former Bank of sa¹ú¼Ê´«Ã½ governor Stephen Poloz Thursday in a speech about ways sa¹ú¼Ê´«Ã½ can chart a path toward economic gr
Head of bankers group says more consumer protection needed in emerging payments space

Head of bankers group says more consumer protection needed in emerging payments space

TORONTO — More consumer protection is needed as new entrants in the fast-growing payments space get ahead of regulation, the head of the Canadian Bankers Association said.