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National Business
National Business
North American stock markets surge after Fed says even larger rate hike not on table
TORONTO — North American stock markets surged Wednesday afternoon after the U.S. Federal Reserve announced its largest interest rate hike in 22 years but extinguished fears of even bigger increases to come. The U.S.
May 4, 2022 4:47 PM
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Canadian shoppers shift to discount stores, No Name brand amid high inflation: Loblaw
Canada's big three grocers say rising food prices are shaping shopping habits, with Loblaw Companies Ltd. the latest to offer insight into how people are saving money on their grocery bill amid soaring inflation.
May 4, 2022 3:25 PM
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Montreal home sales down 17% in April: Quebec brokers association
MONTREAL — A Quebec real estate organization says last month's Montreal home sales dropped by 17 per cent since last year, making it the least active April the market has seen since 2017.
May 4, 2022 2:20 PM
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Shares in Iamgold fall after it says Côté Gold project to cost more than expected
TORONTO — Shares in Iamgold Corp. were down more than 25 per cent in afternoon trading after the company warned its Côté Gold project will cost more than expected.
May 4, 2022 1:53 PM
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Sections of B.C. LNG line complete, partnership on disputed portion: Coastal GasLink
VANCOUVER — The company behind the Coastal GasLink liquefied natural gas pipeline across northern British Columbia says it is nearing 65 per cent overall completion of the project.
May 4, 2022 1:44 PM
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Canada posts $2.5B trade surplus for March as imports and exports hit record highs
OTTAWA — Canada posted a $2.5-billion merchandise trade surplus for March as both imports and exports climbed to record highs, Statistics Canada said Wednesday. The result compared with a revised surplus of $3.
May 4, 2022 12:56 PM
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Intuit to pay $141M settlement over 'free' TurboTax ads
NEW YORK (AP) — The company behind the TurboTax tax-filing program will pay $141 million to customers across the United States who were deceived by misleading promises of free tax-filing services, New York's attorney general announced Wednesday.
May 4, 2022 12:10 PM
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ATCO to build fuelling stations for CP Rail's hydrogen locomotive program
CALGARY — ATCO Group says it has reached a deal with Canadian Pacific Railway Ltd. to build two hydrogen production and refuelling stations in Alberta.
May 4, 2022 12:01 PM
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DesRosiers says Canadian auto sales dropped 13 per cent in April
TORONTO — DesRosiers Automotive Consultants says auto sales were down 13.3 per cent in April compared to the same month a year earlier when the semiconductor shortage first started to significantly hamper sales.
May 4, 2022 11:59 AM
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More traditional finance professionals shifting to crypto as sector grows up
TORONTO — Jillian Friedman was first drawn to the cryptocurrency world a decade ago by the idea of building a new, open-sourced financial system, but the shaky structures and lack of diversity in the early days pushed her into a traditional banking c
May 4, 2022 11:29 AM
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