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National Business
Online streamers should direct 2% of Canadian revenues to local content: Rogers
Online streaming giants should be forced to contribute two per cent of their annual Canadian revenue to support Canadian and Indigenous content and help level the playing field for local broadcasters, executives from Rogers Communications Inc.
Nov 28, 2023 12:20 PM
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Scotiabank profits weighed down by bad loan provisions, layoff charges
TORONTO — Scotiabank's profits took a sizable hit last quarter as it felt the early effects of the slowing economy, and prepared for worse to come.
Nov 28, 2023 12:09 PM
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Government impersonation, phishing are top financial scams, Interac survey finds
TORONTO — Government impersonation is one of the most common financial scams plaguing people across Canada, a new survey from payment processing company Interac Corp. has found.
Nov 28, 2023 11:52 AM
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CIB provides $52M loan for Thompson Regional Airport redevelopment in Manitoba
THOMPSON, Man. — The Canada Infrastructure Bank has signed a deal to lend $52 million to help pay for the redevelopment of Manitoba's Thompson Regional Airport including the replacement of the terminal building which is sinking into the permafrost.
Nov 28, 2023 11:43 AM
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Biggest mistakes that could tarnish, or even tank, your credit rating
Before reaching financial milestones such as a car, home, or savings account, a credit rating might be the only thing young people own.
Nov 28, 2023 10:52 AM
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American consumers more confident in November as holiday shopping season kicks into high gear
American consumers are feeling slightly more confident this month as the all-important holiday shopping season kicks into high gear. The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 102 from 99.
Nov 28, 2023 10:13 AM
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Pipeline company TC Energy raises growth outlook for 2023
CALGARY — TC Energy Corp. is raising its financial guidance for the year. The company says it now expects its comparable earnings before interest, taxes, depreciation and amortization for 2023 to be up about eight per cent from 2022.
Nov 28, 2023 10:12 AM
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Canada Goose buys European knitwear supplier Paola Confectii
TORONTO — Canada Goose Holdings Inc. says it has acquired a long-standing knitwear supplier and its European manufacturing facility. Financial terms of the deal for the operating assets of Paola Confectii Manufacturing were not immediately available.
Nov 28, 2023 9:13 AM
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Germany's leader vows fixes for a budget crisis as the economy struggles. But he offers few details
FRANKFURT, Germany (AP) — German Chancellor Olaf Scholz vowed Tuesday that his government will work “as fast as possible” to lay out how to solve a budget crisis, but he offered few details on how he would achieve his goals of promoting clean energy
Nov 28, 2023 4:44 AM
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Russian court extends detention of Wall Street Journal reporter Gershkovich until end of January
MOSCOW (AP) — A court in Moscow on Tuesday extended the detention of Wall Street Journal reporter Evan Gershkovich, arrested on espionage charges, until Jan. 30, Russian news agencies reported.
Nov 28, 2023 2:41 AM
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