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National Business
S&P/TSX composite posts gain on Monday, U.S. markets rise
TORONTO — Strength in base metals and technology helped Canada's main stock index rise on Monday, while U.S. stocks also rose as November's gains continue. The S&P/TSX composite index closed up 70.70 points at 20,246.47.
Nov 20, 2023 1:42 PM
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Transport committee launches probe into accessibility at Canadian airlines
OTTAWA — A parliamentary committee is launching an investigation into accessibility at Canadian airlines, with a focus on the country's two largest carriers.
Nov 20, 2023 1:34 PM
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Stock market today: Wall Street rises to its best level since the start of August
NEW YORK (AP) — Wall Street posted solid gains to begin a holiday-shortened week, reaching its highest level in more than three months. The S&P 500 rose 0.7% Monday, coming off its third straight winning week.
Nov 20, 2023 1:06 PM
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Air Canada rejects blame in $24M gold theft as it faces Brink's lawsuit
MONTREAL — Air Canada has fired back in a lawsuit by security firm Brink's, saying the airline bears no responsibility for the daring theft of $23.8 million in gold and cash from its facilities at Toronto's Pearson airport earlier this year.
Nov 20, 2023 12:44 PM
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Canadian Chamber of Commerce forms AI council with members including Amazon, Google
OTTAWA — The Canadian Chamber of Commerce says it has formed a council aimed at shaping public policy around artificial intelligence.
Nov 20, 2023 11:55 AM
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Fiscal update includes loans for housing developers, affordable housing fund: source
OTTAWA — Finance Minister Chrystia Freeland is set to present the fall economic statement on Tuesday, a document that will make billions in loans available for homebuilders and earmark a fund for affordable housing.
Nov 20, 2023 11:52 AM
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Economists expect inflation slowed again in October as high interest rates take hold
OTTAWA — Forecasters anticipate Canada's inflation rate took another dip in October as gasoline prices fell from the previous month and grocery prices rose more slowly.
Nov 20, 2023 10:51 AM
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Primaris REIT buying Halifax shopping complex for $370 million
TORONTO — Primaris Real Estate Investment Trust says it has signed a deal to buy a shopping centre complex in Halifax for $370 million. The deal includes the Halifax Shopping Centre and the Annex, which sits adjacent to the mall.
Nov 20, 2023 6:17 AM
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First Quantum reduces operations at Cobre Panama further as blockade continues
TORONTO — First Quantum Minerals Ltd. says it has reduced operations at its Cobre Panama copper mine further and warns if a blockade of small boats at the mine's port continues it will have to temporarily halt production.
Nov 20, 2023 5:33 AM
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CRA claws back $458 million in pandemic-era wage subsidies after partial audit
OTTAWA — The Canada Revenue Agency has denied or adjusted $458 million in funds disbursed to employers through a pandemic-era wage subsidy program as a result of a partially completed auditing process.
Nov 20, 2023 1:00 AM
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