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National Business
National Business
Moneris says 'intermittent processing issues' resolved, apologizes for inconvenience
TORONTO — Canadians getting in some last-minute Christmas shopping faced some troubles at the checkout counter. Payments processing company Moneris says it experienced intermittent issues that caused a "service degradation.
Dec 22, 2023 1:53 PM
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TFI International announces deal to acquire Daseke for $8.30 per share
MONTREAL — TFI International Inc. says it's acquiring Daseke Inc. for $8.30 in cash per common share. The Montreal-based transportation and logistics company says the deal is expected to close during the second quarter of 2024.
Dec 22, 2023 1:51 PM
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New agreement ratified for almost 26,000 workers at Loblaw-owned stores in Ontario
MISSISSAUGA, Ont. — The United Food & Commercial Workers union says workers have ratified a collective agreement with Loblaw Cos. Ltd. covering almost 26,000 grocery store workers across Ontario.
Dec 22, 2023 1:22 PM
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Food industry groups accuse Galen Weston of inaccurate claim over grocery code
Loblaw Cos. Ltd. chairman Galen Weston made an inaccurate statement about Australian grocery rules to a House of Commons committee, according to groups representing independent grocers, food suppliers and farmers.
Dec 22, 2023 12:19 PM
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RBC's takeover of HSBC sa¹ú¼Ê´«Ã½ means less competition on mortgage rates: expert
The rubberstamped sale of HSBC's Canadian operations to RBC will lessen competition onmortgage rates, says one analyst who touted the bank's key role in lowering borrowing costs through its presence in sa¹ú¼Ê´«Ã½.
Dec 22, 2023 11:16 AM
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Federal Reserve's favored inflation gauge tumbles in November as prices continue to ease
WASHINGTON (AP) — The Federal Reserve’s preferred measure of prices fell last month, another sign that inflation is easing and that Americans should benefit from reduced interest rates and get relief from painful price shocks in 2024.
Dec 22, 2023 8:20 AM
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Federal government posts $15.1 billion deficit between April and October this year
OTTAWA — The federal government recorded a budgetary deficit of $15.1 billion between April and October, $7 billion of which was in October.
Dec 22, 2023 8:00 AM
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GDP unchanged for third straight month in October: Statistics sa¹ú¼Ê´«Ã½
OTTAWA — Statistics sa¹ú¼Ê´«Ã½ says the economy remained flat in October for the third straight month as services-producing industries edged 0.1 per cent higher, while goods-producing industries were unchanged.
Dec 22, 2023 6:01 AM
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Freeland approves RBC's $13.5-billion takeover of HSBC sa¹ú¼Ê´«Ã½ with conditions
OTTAWA — Finance Minister Chrystia Freeland has approved RBC's $13.5-billion takeover of HSBC sa¹ú¼Ê´«Ã½, despite calls from opposition politicians and other groups to block it over concerns of reduced competition.
Dec 21, 2023 7:36 PM
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Transportation agency penalizes Air sa¹ú¼Ê´«Ã½ for violating disabilities regulations
GATINEAU, Que. — The Canadian Transportation Agency says it's issued a $97,500 penalty to Air sa¹ú¼Ê´«Ã½ for violating the Accessible Transportation for Persons with Disabilities Regulations.
Dec 21, 2023 3:34 PM
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