Skip to content
Join our Newsletter

National Business

Laurentian Bank makes changes to senior executive ranks

Laurentian Bank makes changes to senior executive ranks

MONTREAL — Laurentian Bank announced a series of changes to its senior executive ranks following a shakeup that saw the appointment of Éric Provost as president and chief executive earlier this month.
Read more >
St. Lawrence Seaway workers vote in favour of strike if no deal reached by Oct. 21

St. Lawrence Seaway workers vote in favour of strike if no deal reached by Oct. 21

MONTREAL — Workers represented by Unifor at the St. Lawrence Seaway Corp. have voted 99 per cent in favour of a strike if they are not able to reach a new contract. The union has set a deadline of Oct. 21 to reach an agreement.
Read more >
Royal LePage downgrades Q4 housing price forecast; expecting seven per cent increase

Royal LePage downgrades Q4 housing price forecast; expecting seven per cent increase

Real estate firm Royal LePage is forecasting the aggregate price of a home in Canada will increase seven per cent in the final quarter of 2023 compared with the same period last year, downgrading its previous outlook of 8.5 per cent.
Read more >
Greenpeace files securities complaint against Suncor over climate risk disclosures

Greenpeace files securities complaint against Suncor over climate risk disclosures

CALGARY — An environmental group has lodged a formal complaint with the Alberta Securities Commission over Suncor Energy Inc.'s climate risk disclosures.
Read more >
Exxon's US$59.5B bet on fossil fuels has implications for Canadian oilpatch: experts

Exxon's US$59.5B bet on fossil fuels has implications for Canadian oilpatch: experts

CALGARY — Exxon Mobil Corp.'s acquisition of Pioneer Natural Resources in a US$59.5 billion mega-deal is being seen by some as a major vote of confidence in fossil fuels that also bodes well for the Canadian oilpatch. The U.S.
Read more >
Spin Master bets on nostalgic wooden toys in US$950M deal for Melissa & Doug

Spin Master bets on nostalgic wooden toys in US$950M deal for Melissa & Doug

TORONTO — The company best known for the kids' cartoon "Paw Patrol" is betting its acquisition of a U.S. toymaker specializing in wooden games and toys will broaden its appeal with parents limiting their children's screen time.
Read more >
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,663.84, up 162.64): Toronto-Dominion Bank. (TSX:TD). Finance. Up 90 cents, or 1.12 per cent, to $81.42 on 12.3 million shares.
Read more >
Thief used phoney document in $20M gold heist, lawsuit against Air Canada claims

Thief used phoney document in $20M gold heist, lawsuit against Air Canada claims

TORONTO — On a brisk, drizzly day in April, a thief strolled into Air Canada's glass-walled warehouse at Pearson airport, presented a phoney document and walked out with some $23 million in gold and cash.
Read more >
TSX posts Wednesday gain despite lower price of oil, while U.S. markets also rise

TSX posts Wednesday gain despite lower price of oil, while U.S. markets also rise

TORONTO — Strength in the utilities, telecommunications and financial sectors helped lift Canada's main stock index higher Wednesday, while U.S. stock markets also rose despite a stronger-than-expected report on wholesale inflation.
Read more >
Stock market today: Wall Street edges higher after the first of 2 big updates on inflation this week

Stock market today: Wall Street edges higher after the first of 2 big updates on inflation this week

NEW YORK (AP) — Stocks edged higher in wobbly trading as yields were mixed in the bond market, which has been Wall Street’s main driver recently. The S&P 500 rose 0.4% Wednesday. The Dow rose 65 points, and the Nasdaq composite added 0.7%.
Read more >