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National Business
National Business
S&P/TSX composite rises Thursday, U.S. markets down ahead of jobs report
TORONTO — Canada's main stock index rose Thursday, helped by strength in energy and utilities stocks, while U.S. markets moved lower ahead of reports on the labour market on both sides of the border. The S&P/TSX composite index closed up 38.
Dec 5, 2024 1:46 PM
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Bitcoin has surpassed the $100,000 mark as the post-election rally continues. What's next?
NEW YORK (AP) — Bitcoin topped $100,000 for the first time this week as a massive rally in the world's most popular cryptocurrency, largely accelerated by the election of Donald Trump, rolls on.
Dec 5, 2024 1:34 PM
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Canada Post strike: Key issues in the dispute that's holding up mail delivery
The ongoing Canada Post strike has reached the three-week mark as the two sides continue to trade proposals through a government-appointed mediator.
Dec 5, 2024 1:29 PM
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Number of inactive oil and gas wells in Alberta fell five per cent in 2023: report
CALGARY — Alberta's oil and gas producers spent $769 million cleaning up old wells in 2023, a $73 million increase from the prior year, according to a new report.
Dec 5, 2024 1:17 PM
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Stock market today: Wall Street slips below its records as bitcoin briefly pops above $100,000
NEW YORK (AP) — U.S. stocks slipped below their records in the runup to a big jobs report due on Friday. The S&P 500 edged down 0.2% Thursday after setting an all-time high for the 56th time this year the day before.
Dec 5, 2024 1:04 PM
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TD an outlier in Q4 with suspended guidance as other banks look to rosier 2025
TORONTO — TD was an outlier during the banks' fourth-quarter earnings season as other lenders released cautiously encouraging outlooks for the year ahead while the beleaguered bank suspended its guidance.
Dec 5, 2024 1:02 PM
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'Insulting': Intimate partner violence study cut short as Ontario eyes early election
TORONTO — Victims of intimate partner violence and their supporters are upset after early election speculation forced an Ontario legislative committee to cut short what was supposed to be an exhaustive study of the issue.
Dec 5, 2024 11:22 AM
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CIBC reports profits up as potential loan losses down, raises dividend
TORONTO — Canadian Imperial Bank of Commerce raised its quarterly dividend as it reported a rise in revenue and earnings while its provisions for potentially bad loans dropped.
Dec 5, 2024 11:18 AM
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Calgary airport still rebuilding from summer hailstorm, but ready for holiday rush
CALGARY — The Calgary International Airport is gearing up for a record travel season, but the effects of a devastating summer hailstorm that pummeled the city linger.
Dec 5, 2024 11:16 AM
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BMO posts big miss on earnings expectations as bad loans weigh
TORONTO — BMO Financial Group boosted its provisions for potential bad loans in the fourth quarter, but the bank said Thursday it expects loan performance to improve next year. The bank reported a fourth-quarter profit of $2.
Dec 5, 2024 11:12 AM
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