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National Business
National Business
US wholesale prices picked up in February in sign that inflation pressures remain elevated
WASHINGTON (AP) — Wholesale prices in the United States accelerated again in February , the latest sign that inflation pressures in the economy remain elevated and might not cool in the coming months as fast as the Federal Reserve or the Biden admini
Mar 14, 2024 9:56 AM
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Retailer Harry Rosen to spend $50 million on overhaul over next five years
TORONTO — Luxury menswear retailer Harry Rosen says it will invest $50 million over the next five years to relocate its flagship store and transform several others.
Mar 14, 2024 8:23 AM
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Home Depot to open new Greater Toronto distribution centre catering to pros
TORONTO — The Home Depot is opening a new distribution centre in the Greater Toronto Area that will help the company cater to its biggest customers.
Mar 14, 2024 8:00 AM
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Shrinking airfield: Canada's airline market consolidates, raising risk of fares hikes
MONTREAL — After entertaining new entrants for several years, Canada's airline market is once again on the path to consolidation, raising the likelihood of higher fares and fewer flight options.
Mar 13, 2024 9:29 PM
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Flair Airlines accuses financial services firm of withholding $25 million
Flair Airlines is accusing a financial services firm of withholding about $25 million in funds from the company.
Mar 13, 2024 8:58 PM
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House passes a bill that could lead to a TikTok ban if Chinese owner refuses to sell
WASHINGTON (AP) — The House on Wednesday passed a bill that would lead to a nationwide ban of the popular video app TikTok if its China-based owner doesn't sell its stake, as lawmakers acted on concerns that the company's current ownership structure
Mar 13, 2024 7:17 PM
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Manitoba plans regular hike to minimum wage, labour group wants more
WINNIPEG — Manitoba minimum-wage earners will make an extra 50 cents an hour as of Oct. 1, Premier Wab Kinew said Wednesday. The increase, which will bring the hourly rate to $15.
Mar 13, 2024 6:33 PM
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Nova Scotia court approves creditor protection for SaltWire Network, appoints monitor
HALIFAX — A Nova Scotia judge approved an application Wednesday to protect Atlantic Canada's largest newspaper company from its creditors as SaltWire Network Inc. tries to emerge from insolvency with a restructuring plan.
Mar 13, 2024 6:29 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,970.11, up 139.09 points): TC Energy Corp. (TSX:TRP). Energy. Up 14 cents, or 0.26 per cent, to $55.04 on 21.3 million shares.
Mar 13, 2024 5:14 PM
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S&P/TSX composite posts gain as oil moves higher, U.S. markets mixed
TORONTO — Strength in the energy sector helped lead Canada's main stock index higher on Wednesday, while U.S. stock markets were mixed. The S&P/TSX composite index closed up 139.09 points at 21,970.11, with the energy index rising 1.7 per cent.
Mar 13, 2024 4:35 PM
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