sa¹ú¼Ê´«Ã½

Skip to content
Join our Newsletter

National Business

Markets down Wednesday on inflation concerns as Bank of sa¹ú¼Ê´«Ã½ holds rates steady

Markets down Wednesday on inflation concerns as Bank of sa¹ú¼Ê´«Ã½ holds rates steady

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index lost almost 200 points Wednesday amid a broad-based decline,while U.S. markets also posted losses, as investors fretted over stubbornly high inflation.
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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,226.96, down 186.80 points): Enbridge Inc. (TSX:ENB). Energy. Down $2.85, or 5.92 per cent, to $45.31 on 19.1 million shares.
What today's interest rate decision means, and what experts say is next

What today's interest rate decision means, and what experts say is next

The Bank of sa¹ú¼Ê´«Ã½ surprised almost no one when it held interest rates steady at five per cent Wednesday amid cooling economic data. Here's what you need to know about the decision, and what could be next.
Stock market today: Wall Street loses ground as weak stretch continues

Stock market today: Wall Street loses ground as weak stretch continues

NEW YORK — Stocks fell on Wall Street, continuing a weak stretch on this holiday-shortened week. The S&P 500 fell 0.7% Wednesday. The Dow fell 198 points, or 0.6%, and the Nasdaq composite gave back 1.1%.
More post-secondary students rely on parents, stay home to finish school: RBC poll

More post-secondary students rely on parents, stay home to finish school: RBC poll

TORONTO — Inflation is driving more post-secondary students to stay home with their parents as they complete their studies — marking a shift from a decade ago, a poll published by RBC on Wednesday shows.
UAW chief: Union to strike any Detroit automaker that hasn't reached deal as contracts end next week

UAW chief: Union to strike any Detroit automaker that hasn't reached deal as contracts end next week

DETROIT (AP) — The head of the United Auto Workers warned Wednesday that the union plans to go on strike against any Detroit automaker that hasn't reached a new agreement by the time contracts expire next week.
Global group of media organizations releases principles for AI development

Global group of media organizations releases principles for AI development

TORONTO — Twenty-five global organizations, including news and publishing companies, have banded together to urge developers, operators and deployers of artificial intelligence (AI) systems to respect intellectual property rights.
Feds award $15 million contract to Sun Life to lay groundwork for dental care program

Feds award $15 million contract to Sun Life to lay groundwork for dental care program

OTTAWA — The federal government has awarded a contract worth up to $15 million to lay the groundwork for a new national dental insurance plan.
Weakening economy convinces BoC to hold key rate, but door to more hikes stays open

Weakening economy convinces BoC to hold key rate, but door to more hikes stays open

OTTAWA — The Bank of sa¹ú¼Ê´«Ã½ decided to hold its key interest rate steady on Wednesday amid mounting evidence the economy is slowing, but the central bank isn't declaring victory yet as it remains cautious to not fuel speculation about rate cuts.
Zellers pop-ups to land in all remaining Hudson's Bay locations

Zellers pop-ups to land in all remaining Hudson's Bay locations

TORONTO — Hudson's Bay says it is expanding its Zellers brand to even more of its department stores. The Toronto-based retailer says Zellers pop-ups will open within all Hudson's Bay stores that have not yet featured the discount chain.