Skip to content
Join our Newsletter

National Business

Stock market today: Wall Street climbs as Big Tech recovers following worst week in months

Stock market today: Wall Street climbs as Big Tech recovers following worst week in months

NEW YORK (AP) — U.S. stocks closed broadly higher, clawing back some of the losses from their worst week since April. The S&P 500 rose 1.1% Monday, breaking a three-day losing streak.
Read more >
LCBO has bright future, Premier Ford says as two-week-long strike comes to an end

LCBO has bright future, Premier Ford says as two-week-long strike comes to an end

TORONTO — Ontario's main liquor retailer has a bright future, Premier Doug Ford said Monday as thousands of employees returned to work after a two-week strike. The Liquor Control Board of Ontario said its stores will be open for business on Tuesday.
Read more >
Transportation Safety Board investigating fire aboard boat abandoned by 'Lucky 7'

Transportation Safety Board investigating fire aboard boat abandoned by 'Lucky 7'

HALIFAX — The Transportation Safety Board of Canada has sent investigators to Newfoundland to determine what caused a fire aboard a fishing boat that forced the crew to abandon the vessel for a life-raft, leaving them at the mercy of the waves for tw
Read more >
Two-thirds of Canadians 'desperately' need interest rates to go down: MNP survey

Two-thirds of Canadians 'desperately' need interest rates to go down: MNP survey

The central bank lowered its benchmark interest rate by a quarter of a percentage point to 4.75 per cent in June and economists expect another cut could be in store when it meets Wednesday for its next rate decision.
Read more >
Bombardier opens new maintenance station at Farnborough, U.K. airport

Bombardier opens new maintenance station at Farnborough, U.K. airport

MONTREAL — Bombardier Inc. says it is opening a new European maintenance station located at the Farnborough, U.K. airport. The new location is meant to provide light scheduled and unscheduled maintenance and support for grounded aircraft.
Read more >
A look at one year of strong mayor powers in Ontario

A look at one year of strong mayor powers in Ontario

TORONTO — In the year since so-called strong mayor powers were granted to the heads of council in a swath of Ontario municipalities, most mayors have used them sparingly — if at all — though in some corners a sense of unease with the sweeping authori
Read more >
Markets bet on second Bank of Canada interest rate cut coming this week

Markets bet on second Bank of Canada interest rate cut coming this week

Economists and market watchers are betting the Bank of Canada will deliver another interest rate cut this week amid mounting evidence that inflation is sustainably easing.
Read more >
Joy in Newfoundland after ‘Lucky 7′ fishers survive harrowing days lost at sea

Joy in Newfoundland after ‘Lucky 7′ fishers survive harrowing days lost at sea

NEW-WES-VALLEY, N.L. — There was a powerful word being repeated in the joyful Newfoundland community of New-Wes-Valley on Sunday: "Miracle.
Read more >
Baby Gourmet Foods recalls organic baby cereal over possible bacteria contamination

Baby Gourmet Foods recalls organic baby cereal over possible bacteria contamination

CALGARY — A brand of baby cereal is being pulled from all in-store and online retailers in Canada due to possible Cronobacter contamination.
Read more >
LCBO workers ratify deal to end strike, stores to reopen Tuesday

LCBO workers ratify deal to end strike, stores to reopen Tuesday

The LCBO says stores will reopen Tuesday after the union representing 10,000 of its workers ratified a new deal with the liquor retailer on Sunday to end the strike that had closed its stores for two weeks.
Read more >