Skip to content

National Business

Walmart creating global tech hub in Toronto, part of $3.5-billion investment

Walmart creating global tech hub in Toronto, part of $3.5-billion investment

MISSISSAUGA, Ont. — Walmart Inc. is making Toronto one of a pair of new global tech hubs, with plans to hire hundreds of workers at the two sites. The retail giant says it chose Canada's largest city and Atlanta, Ga.
Embattled Federal Reserve pick Raskin withdraws nomination

Embattled Federal Reserve pick Raskin withdraws nomination

WASHINGTON (AP) — Sarah Bloom Raskin withdrew her nomination Tuesday to a position on the Federal Reserve’s Board of Governors after a key Democrat had joined with all Senate Republicans to oppose her confirmation. West Virginia Sen.
Embattled Federal Reserve pick Raskin withdraws nomination

Embattled Federal Reserve pick Raskin withdraws nomination

WASHINGTON (AP) — Sarah Bloom Raskin, under fire from Senate Republicans for her views on climate change and financial regulation, has withdrawn her name from consideration for a key post on the Federal Reserve's Board of Governors.
Gen Z less worried about fraud, survey finds, but precautions can be simple

Gen Z less worried about fraud, survey finds, but precautions can be simple

The amount of money lost to fraud and scams skyrocketed in 2021, yet Canadians in Generation Z are less concerned than their older counterparts.
EU imposes sanctions on Chelsea owner Roman Abramovich

EU imposes sanctions on Chelsea owner Roman Abramovich

BRUSSELS (AP) — The European Union imposed sanctions Tuesday on Chelsea soccer club owner Roman Abramovich as part of a new package of measures targeting Russia and President Vladimir Putin's close allies.
Average home price hit record $816,720 last month as supply began to rebound: CREA

Average home price hit record $816,720 last month as supply began to rebound: CREA

The Canadian Real Estate Association said the national average home price climbed by more than 20 per cent since last year to hit a record $816,720 in February, driven by exceptional growth across the country.
CannTrust to change name as it exits creditor protection with new majority investor

CannTrust to change name as it exits creditor protection with new majority investor

VAUGHAN, Ont. — CannTrust Holdings Inc. plans to change its name after exiting creditor protection, with its subsidiary receiving $17 million in financing from a group of investors led by a Netherlands-based private equity investment company.
CannTrust to change name as it exits creditor protection with new majority investor

CannTrust to change name as it exits creditor protection with new majority investor

VAUGHAN, Ont. — CannTrust Holdings Inc. plans to change its name after exiting creditor protection, with its subsidiary receiving $17 million in financing from a group of investors led by a Netherlands-based private equity investment company.
US producer prices climbed 10% in February from a year ago

US producer prices climbed 10% in February from a year ago

Wholesale inflation in the United States shot up 10% last month from a year earlier — another sign that inflationary pressures remain intense at all levels of the economy.
Statistics Canada says higher prices helped manufacturing sales edge up in January

Statistics Canada says higher prices helped manufacturing sales edge up in January

OTTAWA — Canadian manufacturing sales rose 0.6 per cent to $64.8 billion in January, as higher prices helped boost sales in the petroleum and coal sector to a record high and lift wood product sales higher, Statistics Canada said Tuesday.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks