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National Business
Food industry groups come together to develop 'breakthrough' code of practice
OTTAWA — A group of associations representing food producers and retailers has agreed to work together to develop a food industry code of practice, a collaboration one industry insider is calling a "breakthrough" for ensuring a reliable and affordabl
May 27, 2021 4:32 PM
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Banks face questions about deploying cash as they ease up on reserve-building
TORONTO — After a year of building up reserves to protect themselves from customers who may default on loans, banks are starting to consider how they might deploy their cash when the COVID-19 pandemic subsides.
May 27, 2021 3:49 PM
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Mortgage refinancing starting to cool from pandemic highs: TD Bank
TORONTO — The COVID-19 pandemic caused a flurry of consumers to refinance their mortgages as new, low interest rates were offered, but TD Bank Group is seeing signs that the trend is easing up.
May 27, 2021 3:43 PM
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Goldboro LNG builder Pieridae proposes carbon capture and power project in Alberta
CALGARY — The company behind a proposed liquefied natural gas export facility in Nova Scotia is planning a power plant and carbon capture facility at its central Alberta natural gas processing plant that will help offset its LNG project's future carb
May 27, 2021 2:53 PM
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Canadian drilling contractor association changes name to reflect energy transition
CALGARY — A 72-year-old bastion of the Canadian oilpatch is changing its name and mandate in a sign of the times as the world aims to reduce its use of fossil fuels in favour of cleaner, greener forms of energy.
May 27, 2021 1:46 PM
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Fewer Americans sign contracts to buy homes in April
SILVER SPRING, Md. (AP) — Fewer Americans signed contracts to buy homes in April as a lack of supply continues to foil would-be buyers. The National Association of Realtors’ index of pending home sales fell 4.4% to 106.
May 27, 2021 11:10 AM
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Bluenose schooner centennial events receiving more than $190,000 for anniversary year
LUNENBURG, N.S. — Three levels of government are providing funding to help promote the 100th anniversary of the launch of the Bluenose schooner in Nova Scotia. Ottawa, the province and the Town of Lunenburg, N.S.
May 27, 2021 10:34 AM
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First quarter GDP unchanged at robust 6.4% annual rate
WASHINGTON (AP) — The U.S. economy grew at a robust annual rate of 6.4% in the first three months of this year, unchanged from the government's initial estimate.
May 27, 2021 10:17 AM
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Crowdfunded real estate growing, but remember to research before investing: experts
TORONTO — Across the bridge from B.C.'s Granville Island sits a building with 45 apartments atop a Subway restaurant and nail salon. While the Lex might look similar to its neighbours, its soon-to-be investors are hardly the norm.
May 27, 2021 10:16 AM
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US jobless claims fall to 406,000, a new pandemic low
WASHINGTON (AP) — The number of Americans seeking unemployment benefits dropped last week to 406,000, a new pandemic low and more evidence that the job market is strengthening as the virus wanes and economy further reopens.
May 27, 2021 9:32 AM
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