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National Business
National Business
Rail, phone, power services affected by Jasper wildfire
Critical infrastructure has been affected by the wildfires that have raged through Jasper National Park, Alta., and into the picturesque townsite itself. Telus Corp.
Jul 25, 2024 1:27 PM
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Stock market today: The smallest stocks rally, but losses for Big Tech pull Nasdaq and S&P 500 lower
NEW YORK (AP) — Wall Street’s split widened, as smaller stocks and other formerly unloved areas of the market rose up while superstar Big Tech stocks gave back more of their huge gains.
Jul 25, 2024 1:11 PM
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B.C. lets wineries import grapes for 2024 vintages after 'devastating' winter losses
PENTICTON — The B.C. government says wineries can import grapes and juice to make their 2024 vintages after "devastating" losses this winter. The province says allowing winemakers to import grapes from outside B.C.
Jul 25, 2024 12:58 PM
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90% of B.C. communities adopt province's plans for more small-scale housing
VANCOUVER — Almost all British Columbia communities have adopted the provincial government's plan to tackle the housing crisis by allowing more multi-unit homes on properties.
Jul 25, 2024 12:53 PM
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Vast majority of Greater Toronto new condo investors losing money every month: report
TORONTO — Canada's largest condo market is facing its biggest test in decades as the number of investors losing money every month, and the amount they're losing, has ballooned, says a new report from CIBC and Urbanation.
Jul 25, 2024 12:52 PM
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Insurance claim tally for last year's floods, wildfires in Nova Scotia: $490 million
HALIFAX — The devastating wildfires and deadly flooding that plagued Nova Scotia last year have resulted in $490 million in insured losses, the Insurance Bureau of Canada said in a report released Thursday.
Jul 25, 2024 12:22 PM
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Veren Inc., formerly Crescent Point Energy, sees profit rise in second quarter
CALGARY — With its recent buying spree behind it, Veren Inc. – formerly Crescent Point Energy Corp. – is turning its attention to paying down debt. The oil and gas producer said Thursday its net debt as of June 30, 2024 was $3.
Jul 25, 2024 11:30 AM
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TransLink warns of huge public transport cuts unless '$600m funding gap' is addressed
NEW WESTMINSTER, B.C. — Metro Vancouver's transportation provider TransLink is warning of massive service cuts unless a $600-million funding gap is addressed.
Jul 25, 2024 11:16 AM
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Loblaw, George Weston to settle class action over bread price-fixing for $500 million
Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have agreed to pay $500 million to settle a pair of class-action lawsuits regarding their involvement in an alleged bread price-fixing scheme.
Jul 25, 2024 10:38 AM
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Loblaw boycott had 'minor' impact as company says lawsuit settlement hit profits
Loblaw said a boycott of its stores during its latest quarter had a minimal impact, as the company attributed lower profits to a settlement over an alleged bread price-fixing scheme.
Jul 25, 2024 10:21 AM
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