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National Business
National Business
Some banks rethinking strategy on home mortgage competition
TORONTO — Some Canadian banks say they're starting to question how aggressively they go after mortgage customers amid intense competition.
Sep 4, 2024 1:30 PM
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Review of B.C. refinery stench says cold snap triggered series of events
BURNABY, B.C. — Parkland Corp. has released a review into an unplanned shutdown of its Burnaby, B.C., refinery in January that blanketed parts of Metro Vancouver with a foul stench.
Sep 4, 2024 12:44 PM
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Bank of Canada ready to cut faster — or slower — if it needs to, Macklem says
OTTAWA — The Bank of Canada may adjust the pace of interest rate cuts if warranted, governor Tiff Macklem said after announcing a third consecutive interest rate cut.
Sep 4, 2024 12:42 PM
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Calgary can't afford Green Line transit project as Alberta to withhold funding: mayor
CALGARY — Calgary Mayor Jyoti Gondek says the city can no longer afford its long-sought Green Line light rail transit project after the Alberta government announced it's pulling funding from the plan in its current form.
Sep 4, 2024 12:27 PM
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Four natural disasters across Canada led to record number of insurance claims: bureau
TORONTO — The Insurance Bureau of Canada says this summer saw a record number of insurance claims driven by four major weather events and natural disasters over the span of four weeks.
Sep 4, 2024 12:10 PM
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Kroger's CEO says shoppers would see lower prices after the chain's merger with Albertsons
The chief executive officer of Kroger insisted Wednesday that merging with rival Albertsons would allow the two supermarket companies to lower prices and more effectively compete with retail giants like Walmart and Amazon.
Sep 4, 2024 11:43 AM
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Vancouver home sales fall 17% in August despite interest rate cuts: real estate board
VANCOUVER — Greater Vancouver Realtors says home sales in the region dropped 17.1 per cent in August from a year earlier and were more than a quarter below the 10-year seasonal average.
Sep 4, 2024 10:46 AM
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Nova Scotia forms partnership with Google Cloud to improve digital health care
HALIFAX — The Nova Scotia government is spending $42 million over five years to help improve access to health information through Google Cloud's search tools and artificial intelligence.
Sep 4, 2024 10:21 AM
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Salesman charged in luxury vehicle and identity theft fraud: Hamilton police
HAMILTON — Hamilton police have arrested a car salesman as part of an investigation into an alleged fraud where luxury vehicles were bought under stolen identities and then re-registered or exported overseas. A 44-year-old man from London, Ont.
Sep 4, 2024 9:56 AM
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Interest rate cut welcome news for homeowners with variable-rate mortgages: experts
Real estate experts say the Bank of Canada's third consecutive interest rate cut will be cheered by those with variable-rate mortgages, but it could still be a while yet before lower borrowing costs translate into a meaningful boost to sales activity
Sep 4, 2024 9:18 AM
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