sa¹ú¼Ê´«Ã½

Skip to content
Join our Newsletter

National Business

S&P/TSX composite steps higher Wednesday, U.S. stock markets mixed after rate hike

S&P/TSX composite steps higher Wednesday, U.S. stock markets mixed after rate hike

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index posted anemic gains Wednesday as a rise in battery metals, industrials and health care balanced out weakness in technology stocks, while U.S. markets were mixed after another central bank rate hike.
'Huge kettle of fish' faces new transport minister Pablo Rodriguez

'Huge kettle of fish' faces new transport minister Pablo Rodriguez

Pablo Rodriguez has been sworn in as sa¹ú¼Ê´«Ã½'s new transport minister as part of a major cabinet shuffle, taking the baton on a raft of turbulent issues as the aviation sector emerges from a period of crisis.
Stock market today: Wall Street ends mixed after Fed raises interest rates

Stock market today: Wall Street ends mixed after Fed raises interest rates

NEW YORK (AP) — Wall Street held steady after the Federal Reserve followed through on expectations and raised its benchmark interest rate to its highest level in more than two decades.
Sun Life to acquire victual care provider Dialogue Health Technologies

Sun Life to acquire victual care provider Dialogue Health Technologies

TORONTO — Sun Life Financial Inc. has reached a deal to acquire virtual care provider Dialogue for about $277 million.
Big global brands drove supplier prices higher in second quarter: Loblaw

Big global brands drove supplier prices higher in second quarter: Loblaw

BRAMPTON, Ont. — Large global suppliers are driving costs higher for Loblaw Companies Ltd., the firm said as it released earnings for the second quarter that showed profits up despite lower gross margins.
BoC mindful of not overdoing rate hikes, summary of deliberations reveals

BoC mindful of not overdoing rate hikes, summary of deliberations reveals

OTTAWA — The Bank of sa¹ú¼Ê´«Ã½ says it's trying to not raise interest rates more than it has to, as members of the governing council are mindful of the risks associated with raising rates too much.
Crescent Point Energy reports $212.3 million profit in second quarter

Crescent Point Energy reports $212.3 million profit in second quarter

CALGARY — Crescent Point Energy Corp. reported its second-quarter profit fell by 36 per cent year-over-year as global oil prices declined from 2022's dramatic peaks. The Calgary-based company said Wednesday it earned $212.
Advocacy group says banks show little progress on climate action

Advocacy group says banks show little progress on climate action

TORONTO — A new report from an advocacy group says that sa¹ú¼Ê´«Ã½'s big banks show "no urgency" in ramping up action against climate change.
Rogers cutting costs, eliminating duplication amid integration of Shaw

Rogers cutting costs, eliminating duplication amid integration of Shaw

TORONTO — Rogers Communications Inc. says it found $48 million in cost savings in its most recent quarter after closing its deal to buy Shaw Communications Inc.
Shopify dives deeper into AI with new products, including chatbot for merchants

Shopify dives deeper into AI with new products, including chatbot for merchants

As Shopify President Harley Finkelstein works, he often keeps a ChatGPT window up on his computer.