sa¹ú¼Ê´«Ã½

Skip to content
Join our Newsletter

National Business

S&P/TSX composite tops 24,000 points for first time, U.S. markets also rise Thursday

S&P/TSX composite tops 24,000 points for first time, U.S. markets also rise Thursday

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index closed above 24,000 for the first time Thursday as strength in base metals and other sectors outweighed losses in energy, while U.S. markets also rose and the S&P 500 notched another record as well.
Nova Scotia government defends funding offer rejected by wine industry

Nova Scotia government defends funding offer rejected by wine industry

HALIFAX — An offer of additional financial aid to Nova Scotia’s wine industry is still on the table despite being rejected by grape growers earlier this week, say provincial officials.
Stock market today: Wall Street rises to another high, but a slide for oil keeps the gains in check

Stock market today: Wall Street rises to another high, but a slide for oil keeps the gains in check

NEW YORK (AP) — U.S. stocks rose to another all-time high, but a slide in oil prices kept the gains in check by weighing down energy companies. The S&P 500 rose 0.4% Thursday, setting its third record high this week.
Voting technology firm, conservative outlet reach settlement in 2020 election defamation case

Voting technology firm, conservative outlet reach settlement in 2020 election defamation case

WILMINGTON, Del.
Payments tech company Lightspeed Commerce conducting strategic review of business

Payments tech company Lightspeed Commerce conducting strategic review of business

After media reports surfaced claiming Lightspeed Commerce Inc. was exploring a potential sale, the tech firm says it's conducting a review of its operations meant to help it with "realizing its full potential.
OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company

OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company

OpenAI's history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders.
Housing starts up in six largest cities but construction still not closing supply gap

Housing starts up in six largest cities but construction still not closing supply gap

A total of 68,639 units began construction, the second strongest figure since 1990. However, the rate of housing starts per capita meant activity was around the historical average and not enough "to reduce the existing supply gap and improve affordability for Canadians."
Montreal dockworkers approve strike mandate

Montreal dockworkers approve strike mandate

MONTREAL — Dockworkers at the Port of Montreal have approved a strike mandate after more than a year of contract negotiations. Longshore workers voted 97.
National Bank receives Competition Bureau clearance for deal to buy CWB

National Bank receives Competition Bureau clearance for deal to buy CWB

MONTREAL — National Bank of sa¹ú¼Ê´«Ã½ has cleared a key regulatory hurdle in its proposed acquisition of Canadian Western Bank. The Montreal-based bank said Thursday it has received the Competition Bureau's clearance for the deal.
US economy grew at a solid 3% rate last quarter, government says in final estimate

US economy grew at a solid 3% rate last quarter, government says in final estimate

WASHINGTON (AP) — The American economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business investment, the government said Thursday, leaving its previous estimate unchanged.