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National Business
National Business
S&P/TSX composite rises Monday, U.S. markets mixed ahead of interest rate decision
TORONTO — Canada's main stock index rose Monday on broad-based strength, while U.S. markets were mixed as investors anticipated an interest rate cut later in the week, though the Dow set a new record.
Sep 16, 2024 1:35 PM
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Federal $500M bailout for Muskrat Falls power delays to keep N.S. rate hikes in check
HALIFAX — Ottawa is negotiating a $500-million bailout for Nova Scotia's privately owned electric utility, saying the money will be used to prevent a big spike in electricity rates.
Sep 16, 2024 1:16 PM
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Stock market today: Dow closes at an all-time high after recouping its losses from early September
NEW YORK (AP) — The Dow Jones Industrial Average closed at another all-time high after recouping its losses from early September. The S&P 500 rose close to its own record, but was held back by losses in Big Tech companies like Apple and Nvidia.
Sep 16, 2024 1:05 PM
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The Titan's former lead engineer says he felt pressured to get the submersible ready
The lead engineer for an experimental submersible that imploded en route to the wreck of the Titanic testified Monday that he felt pressured to get the vessel ready to dive and refused to pilot it.
Sep 16, 2024 11:44 AM
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Fed intervention in labour disputes could set dangerous precedent: labour experts
In an era of increased strike activity and union power, labour experts say it’s not surprising to see more calls for government intervention in certain sectors like transportation.
Sep 16, 2024 11:06 AM
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Federal money and sales taxes help pump up New Brunswick budget surplus
FREDERICTON — New Brunswick's finance minister says the province recorded a surplus of $500.8 million for the fiscal year that ended in March. Ernie Steeves says the amount — more than 10 times higher than the province's original $40.
Sep 16, 2024 11:02 AM
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National housing market in 'holding pattern' as buyers patient for lower rates: CREA
The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely "stuck in a holding pattern" despite borrowing costs beginning to come down.
Sep 16, 2024 10:36 AM
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Liberals announce expansion to mortgage eligibility, draft rights for renters, buyers
OTTAWA — Finance Minister Chrystia Freeland has announced changes to mortgage rules she says are aimed at helping more Canadians to purchase their first home.
Sep 16, 2024 9:33 AM
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AtkinsRéalis signs deal to help modernize U.K. rail signalling system
MONTREAL — AtkinsRéalis Group Inc. says it has signed a deal with U.K. rail infrastructure owner Network Rail to help upgrade and digitize its signalling over the next 10 years.
Sep 16, 2024 9:16 AM
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Looking for the next mystery bestseller? This crime bookstore can solve the case
WINNIPEG — Some 250 coloured tacks pepper a large-scale world map among bookshelves at Whodunit Mystery Bookstore. Estonia, Finland, Japan and even Fenwick, Ont.
Sep 16, 2024 9:06 AM
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