Skip to content
Join our Newsletter

National Business

Laurentian Bank reports $34.1M Q3 profit, down from $49.3M a year ago

Laurentian Bank reports $34.1M Q3 profit, down from $49.3M a year ago

MONTREAL — Laurentian Bank of Canada says it earned $34.1 million in its third quarter, down from $49.3 million in the same quarter last year.
Read more >
Ottawa's move to end rail shutdown prompts debate over workers' rights

Ottawa's move to end rail shutdown prompts debate over workers' rights

MONTREAL — Workers’ rights are once again under the microscope after last week’s massive railway work stoppage was abruptly halted when the federal government intervened less than 17 hours after the shutdown began.
Read more >
Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near

Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near

WASHINGTON (AP) — An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time i
Read more >
Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September

Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September

FRANKFURT, Germany (AP) — Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door for the European Central Bank to cut interest rates as the ECB and the U.S.
Read more >
Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September

Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September

FRANKFURT, Germany (AP) — Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door for the European Central Bank to cut interest rates as the ECB and the U.S.
Read more >
Houthi video shows the Yemeni rebels planted bombs on tanker now threatening Red Sea oil spill

Houthi video shows the Yemeni rebels planted bombs on tanker now threatening Red Sea oil spill

DUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels released footage on Thursday showing their fighters boarded and placed explosives on a Greek-flagged tanker, setting off blasts that put the Red Sea at risk of a major oil spill.
Read more >
B.C. revamps building code to allow single stairwells in buildings up to six storeys

B.C. revamps building code to allow single stairwells in buildings up to six storeys

The province says all new buildings designed under the changes will require safety measures including sprinklers, smoke-management systems and wider stairwells.
Read more >
Yukon First Nation fears exclusion from mine disaster review, seeks public inquiry

Yukon First Nation fears exclusion from mine disaster review, seeks public inquiry

Yukon's Na-Cho Nyak Dun First Nation says an independent review of a disaster at the Eagle Gold mine on its territory is urgently needed but it has serious concerns the Yukon government is trying to "erase" its role in the probe.
Read more >
Calgarians fail to meet water reduction targets for third consecutive day

Calgarians fail to meet water reduction targets for third consecutive day

CALGARY — Calgarians missed the mark for the third day in a row in the latest round of water rationing, and officials say it appears many residents are ignoring the ban by continuing to water their lawns.
Read more >
Lululemon cuts full-year outlook amid struggle with 'newness' in its womenswear

Lululemon cuts full-year outlook amid struggle with 'newness' in its womenswear

Lululemon Athletica Inc. cut its full-year outlook Thursday as its CEO admitted the company has grappled with some "missed opportunities" in its womenswear business.
Read more >