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National Business
National Business
Bank of sa¹ú¼Ê´«Ã½ lost $522 million in third quarter, marking first loss in its history
OTTAWA — The Bank of sa¹ú¼Ê´«Ã½ lost $522 million in the third quarter of this year, marking the first loss in its 87-year history.
Nov 29, 2022 12:49 PM
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TC Energy expects cost of Coastal GasLink pipeline project to rise
CALGARY — TC Energy Corp. is expecting what it calls a "material increase" in the cost of its Coastal GasLink pipeline project.
Nov 29, 2022 12:43 PM
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Suncor to keep Petro-sa¹ú¼Ê´«Ã½ retail business after comprehensive review of business
Suncor Energy Inc. has decided to keep its Petro-sa¹ú¼Ê´«Ã½ retail business, the company announced Tuesday, after a comprehensive review concluded Suncor was unlikely to receive the price it wanted for the chain.
Nov 29, 2022 11:58 AM
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'Strong position': Saskatchewan's bottom line stable, government posts $1.1B surplus
REGINA — Saskatchewan's bank account remains relatively unchanged while its bottom line continues to be affected by Russia's invasion of Ukraine, global supply shortages and rising inflation. The province is reporting a $1.
Nov 29, 2022 11:27 AM
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75% of U.S. owners of Cdn. rec properties bought after foreign buyer ban: survey
TORONTO — A new report from Royal LePage shows 75 per cent of U.S. citizens living in border towns and owning recreational properties in sa¹ú¼Ê´«Ã½ made their purchase after the federal government announced its forthcoming foreign buyer ban.
Nov 29, 2022 11:06 AM
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Canadian home prices expected to fall 3.3% in 2023: Re/Max report
TORONTO — A new report predicts average home sale prices in sa¹ú¼Ê´«Ã½ will fall 3.3 per cent next year with the biggest declines expected in Ontario and Western sa¹ú¼Ê´«Ã½ where some markets may see prices fall 10 to 15 per cent.
Nov 29, 2022 11:01 AM
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Competitors chip away at Tesla's U.S. electric vehicle share
DETROIT (AP) — New electric vehicle models from multiple automakers are starting to chip away at Tesla's dominance of the U.S. EV market, according to national vehicle registration data.
Nov 29, 2022 10:58 AM
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Economists see underlying signs of weakening in third quarter GDP numbers
OTTAWA — sa¹ú¼Ê´«Ã½ saw stronger than expected economic growth in the third quarter, but economists warn the underlying numbers don't paint such a positive picture. Statistics sa¹ú¼Ê´«Ã½ said Tuesday the economy grew at an annualized rate of 2.
Nov 29, 2022 10:51 AM
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Canadians relied on credit more in Q3 as inflation persisted
TORONTO — New data from TransUnion shows Canadians leaned on credit cards and other forms of debt more in the third quarter as high inflation persisted. TransUnion says 27.9 million Canadians held a combined outstanding balance of $2.
Nov 29, 2022 10:21 AM
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Survivor of Virginia Walmart mass shooting files $50M suit
NORFOLK, Va.
Nov 29, 2022 9:40 AM
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