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National Business
National Business
US producer prices soar 10.8% in May as energy costs spike
WASHINGTON (AP) — U.S. producer prices surged 10.8% in May from a year earlier, underscoring the ongoing threat to the economy from inflation that shows no sign of slowing.
Jun 14, 2022 9:18 AM
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Pandemic spurs entrepreneurial boom in Canada as new startups surge, new poll says
A downturn seems like the worst time to start a business. But just as the pandemic was upending the economy and forcing many small businesses to close, Carter Sullivan launched a startup.
Jun 14, 2022 5:30 AM
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Asian benchmarks decline after bear market hits Wall Street
TOKYO (AP) — Asian shares fell across the board Tuesday after Wall Street tumbled into a bear market , indicating that major U.S. benchmarks and individual stocks have fallen 20% or more from a recent high for a sustained period of time.
Jun 13, 2022 11:39 PM
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What's next for Rogers board and Rogers Control Trust after death of Loretta Rogers
TORONTO — After the death of Rogers family matriarch Loretta Rogers this past weekend, one corporate governance expert said Monday that it would be wise for Rogers Communications Inc. to wait until its $26-billion deal with Shaw Communications Inc.
Jun 13, 2022 6:07 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,742.56, down 532.26 points.) UEX Corp. (TSX:UEX). Materials. Up eight cents, or 28.1 per cent, to 36.5 cents on 15.3 million shares.
Jun 13, 2022 5:34 PM
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S&P/TSX composite in correction territory after suffering second-worst day of 2022
TORONTO — Canada's main stock index moved into correction territory to start the trading week as hot U.S. inflation accelerated worries of a supercharged interest rate hike this week that could help push the U.S. economy into recession.
Jun 13, 2022 5:21 PM
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Bucolic Ukraine forest is site of mass grave exhumation
BUCHA, Ukraine (AP) — The lush green beauty of a pine forest with singing birds contrasted with the violent deaths of newly discovered victims of Russia's war in Ukraine , as workers exhumed bodies from another mass grave near the town of Bucha on Ky
Jun 13, 2022 4:53 PM
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Travel industry demands vaccine mandate be scrapped after Ottawa ends random testing
Ottawa's suspension of randomized COVID-19 testing at customs marks a major shift toward clearing clogged terminals, but more measures are needed to end airport gridlock, industry groups say.
Jun 13, 2022 4:36 PM
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BP exits oilsands to focus on offshore; will sell Sunrise stake to Cenovus
CALGARY — British energy giant BP is exiting the Alberta oilsands to focus on offshore oil development instead.
Jun 13, 2022 1:12 PM
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Key household debt-to-income ratio down in Q1 as income rises faster than debt
OTTAWA — Statistics Canada says the amount Canadians owe relative to their income pulled back in the first quarter from the record level set in the fourth quarter of 2021 as incomes grew faster than debt.
Jun 13, 2022 9:59 AM
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