Skip to content

National Business

CP Rail hires thousands as it awaits regulatory go-ahead for KCS merger

CP Rail hires thousands as it awaits regulatory go-ahead for KCS merger

CALGARY — Canadian Pacific Railway Ltd. is on a hiring spree as it awaits regulatory go-ahead for its acquisition of Kansas City Southern.
Read more >
S&P/TSX composite gains 200 points Tuesday, U.S. markets also up

S&P/TSX composite gains 200 points Tuesday, U.S. markets also up

TORONTO — Canada's main stock index gained almost 200 points Tuesday with broad-based strength across sectors while U.S. markets also rose, erasing Monday's losses. The S&P/TSX composite index was up 195.27 points at 20,767.38.
Read more >

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,767.38, up 195.27): Enbridge Inc. (TSX:ENB). Energy. Up 21 cents, or 0.39 per cent, to $54.48 on 19 million shares.
Read more >
Greater Vancouver home sales to flatten while prices inch up, forecast says

Greater Vancouver home sales to flatten while prices inch up, forecast says

VANCOUVER — Home sales in Greater Vancouver are predicted to stay in line with last year’s slower pace, while prices inch up slightly. The forecasts are contained in the Real Estate Board of Greater Vancouver's outlook for 2023 released Tuesday.
Read more >
Wall Street climbs to add more to its strong January

Wall Street climbs to add more to its strong January

NEW YORK (AP) — Wall Street closed out a strong January with more gains. The S&P 500 rose 1.5% Tuesday, marking its third winning month in the last four. The Dow rose 1.1% and the Nasdaq rose 1.7%.
Read more >
'Hands off Africa!': Pope blasts foreign plundering of Congo

'Hands off Africa!': Pope blasts foreign plundering of Congo

KINSHASA, Congo (AP) — Pope Francis demanded Tuesday that foreign powers stop plundering Africa’s natural resources for the “poison of their own greed” as he arrived in Congo to a raucous welcome by Congolese grateful he was focusing the world’s atte
Read more >
Canadian economy loses steam, expected to slow further amid high interest rates

Canadian economy loses steam, expected to slow further amid high interest rates

OTTAWA — The Canadian economy lost steam as 2022 drew a close, setting the stage for a continued slowdown this year as high interest rates weigh on spending.
Read more >
French officials say 1.27 million protested pension reforms

French officials say 1.27 million protested pension reforms

PARIS (AP) — An estimated 1.
Read more >
Imperial Oil expects 'double-digit' returns from renewable diesel facility

Imperial Oil expects 'double-digit' returns from renewable diesel facility

CALGARY — Imperial Oil Ltd. expects "double-digit returns" from its $720-million investment to build what will be Canada's largest renewable diesel manufacturing facility at its Strathcona refinery, the oil giant said Tuesday.
Read more >
General Motors to invest US$650 million in Lithium Americas

General Motors to invest US$650 million in Lithium Americas

VANCOUVER — General Motors Co. has signed a deal to invest US$650 million in Vancouver-based Lithium Americas Corp., the latest move by an automaker to secure raw materials for their push into electric vehicles.
Read more >