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National Business
National Business
Shipper costs to rise as regulator approves preliminary interim Trans Mountain tolls
CALGARY — The Canada Energy Regulator has approved preliminary interim tolls that would see oil companies pay nearly twice as much to ship crude on the expanded Trans Mountain pipeline as what was estimated in 2017.
Nov 30, 2023 7:48 PM
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Federal judge blocks Montana's first-in-the-nation ban on TikTok, says it's unconstitutional
HELENA, Mont. (AP) — Montana's first-in-the-nation law banning the video-sharing app TikTok in the state has been blocked while a legal challenge to the law moves through the courts, a federal judge ruled Thursday. U.S.
Nov 30, 2023 7:25 PM
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Some OPEC+ members will cut the oil that they send to the world to try to boost prices
LONDON (AP) — The OPEC oil cartel led by Saudi Arabia and allied producers including Russia made another big swipe at propping up lagging crude prices Thursday, expanding some output cuts into next year and bringing up-and-coming oil supplier Brazil
Nov 30, 2023 6:52 PM
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Applications for jobless benefits up modestly, but continuing claims reach highest level in 2 years
Slightly more Americans filed for jobless claims last week, but the overall number of people in the U.S. collecting unemployment benefits rose to its highest level in two years.
Nov 30, 2023 6:05 PM
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Spectrum auction wraps, bringing more than $2.1 billion
OTTAWA — The federal government has announced the results of its latest spectrum auction offering telecommunications companies the chance to purchase chunks of mid-band wireless spectrum touted for being able to carry a lot of data over long distance
Nov 30, 2023 5:22 PM
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S&P/TSX composite gains more than 100 points Thursday, U.S. stock markets mixed
TORONTO — Canada's main stock index gained more than 100 points Thursday, led by strength in financial, industrial and telecom stocks, while U.S. markets were mixed, led by a gain of almost 1.5 per cent on the Dow Jones.
Nov 30, 2023 5:07 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursdayon the Toronto Stock Exchange: Toronto Stock Exchange (20,236.29, up 120.09): Manulife Financial Corp. (TSX:MFC). Financials. Up 34 cents, or 1.30 per cent, to $26.58 on 19.7 million shares.
Nov 30, 2023 4:47 PM
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Ski-Doo maker BRP feels impact of slower consumer spending as profits, shares drop
MONTREAL — BRP Inc. saw its third-quarter profits tumble by half from a year earlier, triggering a stock price decline as the recreational vehicle maker felt the squeeze of sluggish consumer spending.
Nov 30, 2023 4:29 PM
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Stock market today: Wall Street closes out its best month in more than a year
NEW YORK — Stocks ended mostly higher on Wall Street and closed out November with big gains. The S&P 500 rose 0.4% Thursday. The index rose 8.9% in November, its biggest monthly gain in more than a year.
Nov 30, 2023 4:09 PM
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Netflix urges CRTC to recognize its existing contributions to Canadian broadcasting
Streaming giant Netflix says the CRTC should recognize the role it already plays in helping fund Canada's broadcasting industry and reject calls to mandate an additional payment from the company.
Nov 30, 2023 3:52 PM
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