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National Business
National Business
Savings are slowly dripping away as deposit interest lags far behind inflation
TORONTO — The savings accounts of Canadians have sprung a leak.
Jul 31, 2022 10:00 AM
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Federal tourism aid funds gas stations, trash cans, jazz
Located along a remote stretch of Highway 395, the Fort Independence Travel Plaza touts a dozen gas pumps, clean restrooms and made-to-order meals for travelers visiting California's Eastern Sierra.
Jul 30, 2022 10:10 AM
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Centerra closes global arrangement agreement on Kumtor gold mine
TORONTO — Centerra Gold Inc. announced Friday the closing of the global arrangement agreementwith Kyrgyzaltyn JSC and the Kyrgyz Republic on the sale of two wholly owned Kyrgyz subsidiaries, Kumtor Gold Co. CJSC and Kumtor Operating Co.
Jul 29, 2022 6:35 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (19,692.92, up 236.21 points.) UEX Corp. (TSX:UEX). Materials. Up six cents, or 14.46 per cent, to 47.5 cents on 18.1 million shares.
Jul 29, 2022 6:22 PM
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North American markets end July strong after a busy week of earnings, Fed decision
TORONTO — North American markets ended the last trading day of July on a high note, with Canada's main stock index up over 200 points and U.S. markets all in the green. The S&P/TSX composite index closed up 236.21 points at 19,692.
Jul 29, 2022 5:33 PM
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Transat gets $100M bailout as debt load mounts despite travel rebound
MONTREAL — Transat AT Inc. has secured another emergency loan from Ottawa as the tour operator struggles to shore up its balance sheet.
Jul 29, 2022 4:36 PM
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Enbridge snaps up stake in West Coast LNG plant as demand surges
Enbridge Inc. has extended its push into liquefied natural gas as global demand soars, scooping up a stake in a proposed LNG project on the West Coast — even as the projected cost of the venture more than tripled.
Jul 29, 2022 4:03 PM
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Tim Hortons offers coffee and doughnut as proposed settlement in class action lawsuit
Tim Hortons has reached a proposed settlement in multiple class action lawsuits alleging the restaurant's mobile app violated customer privacy, which would see the restaurant offer a free coffee and doughnut to affected users.
Jul 29, 2022 2:42 PM
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Imperial Oil CEO says feds' approach to emissions getting 'very aggressive'
CALGARY — Imperial Oil Ltd. CEO Brad Corson said Friday the federal government's strategy to reduce emissions and reach net-zero amounts to overreach from Ottawa.
Jul 29, 2022 2:12 PM
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Auto parts maker Magna posts Q2 loss on China lockdowns, supply chain issues
TORONTO — Magna International Inc. said Friday that COVID-19 lockdowns in China and a stronger U.S. dollar relative to other currencies, particularly the euro, negatively impacted the company's second-quarter results.
Jul 29, 2022 1:11 PM
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