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National Business
S&P/TSX down more than 100 points, U.S. markets mixed ahead of rate decision
TORONTO — Canada's main stock index fell more than 100 points Friday, led by losses in base metal and telecom stocks, while U.S. stock markets were mixed ahead of next week's interest rate decision from the U.S. Federal Reserve.
Dec 13, 2024 1:50 PM
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Ottawa to remove 30% investment cap for Canadian pension funds
TORONTO — Finance Minister Chrystia Freeland says the upcoming fall economic statement on Monday will remove the cap that currently restricts Canadian pension funds from owning more than 30 per cent of the voting shares of a Canadian entity.
Dec 13, 2024 1:45 PM
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Alberta urges Calgary city council to approve province's Green Line transit proposal
CALGARY — The Alberta government is proposing a reworked Green Line light rail transit route in Calgary that it says would serve more communities and save more than $1 billion.
Dec 13, 2024 1:36 PM
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What the upcoming holiday GST relief will mean for consumers
TORONTO — The federal government's GST break will arrive this Saturday, just in time for the last stretch of holiday shopping. Here's a breakdown of what you'll save on and how the relief works.
Dec 13, 2024 1:36 PM
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'Breaking of gridlock' between Quebec, N.L. is the envy of former premiers
ST. JOHN'S, N.L. — Two former premiers of Newfoundland and Labrador say a draft energy agreement signed Thursday with Quebec shattered a political standoff that leaders had been trying to end for decades.
Dec 13, 2024 1:35 PM
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Nova Scotia non-profit groups trying to save huge Acadian church now facing lawsuit
HALIFAX — The Roman Catholic Church in southwestern Nova Scotia has filed a lawsuit against two Acadian groups trying to save a huge, deconsecrated church.
Dec 13, 2024 1:30 PM
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Court approves The Body Shop Canada sale, about 100 to lose jobs as some stores close
TORONTO — An Ontario court has given The Body Shop Canada the approval it needs to sell the majority of its business to a private equity firm.
Dec 13, 2024 1:21 PM
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Federal minister asks labour board to intervene in Canada Post strike
Mail could begin moving again in Canada as early as next week after the federal government moved Friday to end the nearly month-long work stoppage at Canada Post.
Dec 13, 2024 1:13 PM
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Airline execs testify on baggage fees; say reforms needed to lower travel costs
Canadian airline executives in the hot seat over carry-on bag fees say the federal government needs to reform this country's aviation system if it wants travel to become more affordable.
Dec 13, 2024 1:12 PM
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Stock market today: Wall Street ends mixed after a bumpy week
Stock indexes closed mixed on Wall Street at the end of a rare bumpy week. The S&P 500 ended little changed Friday. The benchmark index reached its latest in a string of records a week ago.
Dec 13, 2024 1:07 PM
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