Skip to content

National Business

The CP Holiday Train returns to the rails for the first time in three years

The CP Holiday Train returns to the rails for the first time in three years

MONTREAL — For the first time since 2019, the Canadian Pacific Holiday Train will make its annual journey through Canada and the U.S. to bring live music and raise holiday spirits.
Unemployment claims rise to 240,000, highest since August

Unemployment claims rise to 240,000, highest since August

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose to the highest level since August but still remains low by historic standards.
Enbridge announces completion of France's first offshore wind farm

Enbridge announces completion of France's first offshore wind farm

CALGARY — France's first commercial-scale offshore wind farm, which was developed by Canadian energy giant Enbridge Inc. in partnership with EDF Renewables and the Canada Pension Plan Investment Board, officially opened Wednesday.
Canadian workers say they face barriers amid growing union push at Starbucks

Canadian workers say they face barriers amid growing union push at Starbucks

Unionization among Canadian Starbucks employees is starting to gain traction, organizers say, but much like their U.S. counterparts, workers face barriers and alleged anti-union activity by the coffee giant.
B.C. auditor highlights costs of 2021 disasters, pandemic relief payments

B.C. auditor highlights costs of 2021 disasters, pandemic relief payments

VICTORIA — An annual report from British Columbia's auditor general says the province is owed millions by people who were ineligible for COVID-19 relief grants and that the government will spend billions on recent weather-related disasters.
Alimentation Couche-Tard sees earnings rise on gas sales in latest quarter

Alimentation Couche-Tard sees earnings rise on gas sales in latest quarter

LAVAL, Que. — Canadian convenience store giant Alimentation Couche-Tard reported earnings for the second quarter ended Oct. 9 were up 16.6 per cent. Net earnings for the quarter were $810.4 million, or 79 cents per diluted share, up from $694.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,220.01, up 242.88): Enbridge Inc. (TSX:ENB). Energy. Up 74 cents, or 1.37 per cent, to $54.82 on 13.5 million shares.
Loblaw bargaining standoff a sign of heightened labour tension: expert

Loblaw bargaining standoff a sign of heightened labour tension: expert

Tense bargaining between Loblaw Companies Ltd. and its distribution workers in Calgary is emblematic of wider labour movement trends being driven by the pandemic and high inflation, a labour expert said Tuesday.
S&P/TSX composite index closes up on oil prices, U.S. markets also rise

S&P/TSX composite index closes up on oil prices, U.S. markets also rise

TORONTO — Canada's main stock index was up nearly 250 points Tuesday, swept up by a reversal in oil prices and broad-based gains, while U.S. markets also rose. The S&P/TSX composite index was up 242.88 points at 20,220.01.
Competition watchdog pushes back on concerns Shaw has about its business

Competition watchdog pushes back on concerns Shaw has about its business

OTTAWA — Counsel for the Competition Bureau tried to build the case Tuesday that Shaw Communications Inc. is not in as troubled a position as the company has made it seem as the hearing on the $26-billion proposed deal with Rogers Communications Inc.