Skip to content

National Business

S&P/TSX composite gains almost one per cent, U.S. markets also rise

S&P/TSX composite gains almost one per cent, U.S. markets also rise

TORONTO — Canada's main stock index gained almost one per cent Thursday, buoyed by strength in the energy and financial sectors, while U.S. markets also rose. The S&P/TSX composite index was up 186.15 points at 20,211.20.
Banking regulator launches consultations on mortgage rules, proposes additions

Banking regulator launches consultations on mortgage rules, proposes additions

TORONTO — Stricter rules around qualifying for a mortgage could be coming as Canada's banking regulator seeks feedback on several proposals to limit the number of overstretched borrowers.
'Consumer demand is not letting up:' Aritzia posts record sales despite inflation

'Consumer demand is not letting up:' Aritzia posts record sales despite inflation

Canadian fashion brand Aritzia Inc.'s sales momentum continued unabated in its latest quarter, appearing nearly immune to the spending pullback plaguing much of the retail industry amid high inflation.
Wall Street ticks higher as hot US inflation cools further

Wall Street ticks higher as hot US inflation cools further

NEW YORK (AP) — Wall Street closed higher after a report showed inflation slowed again last month. The S&P 500 rose 0.3% Thursday. The Nasdaq and the Dow each rose 0.6%.
Hundreds of jobs affected as Canfor announces pulp line closure at B.C. mill

Hundreds of jobs affected as Canfor announces pulp line closure at B.C. mill

PRINCE GEORGE, B.C. — An estimated 300 jobs in British Columbia will likely be gone by the end of the year as Canfor Pulp Products closes the pulp line at its Prince George pulp and paper mill.
House votes to block China from buying oil from US reserves

House votes to block China from buying oil from US reserves

WASHINGTON (AP) — The Republican-controlled House on Thursday voted to block oil from the country's emergency stockpile from going to China.
US inflation eases grip on economy, falling for a 6th month

US inflation eases grip on economy, falling for a 6th month

WASHINGTON (AP) — Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it .
How technology used by NASA on Mars could reduce emissions from Canada's oilsands

How technology used by NASA on Mars could reduce emissions from Canada's oilsands

CALGARY — The same technology used to search for signs of ancient life on Mars could be key to reducing greenhouse gas emissions from the Canadian oilsands.
BoC to lose billions over next few years, posing communications challenge: report

BoC to lose billions over next few years, posing communications challenge: report

OTTAWA — The Bank of Canada may lose up to $8.8 billion over the next few years, according to a new report warning the central bank may run into a communications challenge as a result of the losses. The report from the C.D.
Looking to insure your engagement ring? Review your home policy first

Looking to insure your engagement ring? Review your home policy first

TORONTO — Diamonds may be forever, but most know all it takes is an errant slip or a forgetful wearer for wedding and engagement rings to end up lost for good. Before walking down the aisle, many Canadian couples look into insuring their new rock.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks