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National Business
National Business
Vancouver home sales rise in January as demand outpaces newly listed properties
VANCOUVER — The Real Estate Board of Greater Vancouversays home sales got off to a strong start in the first month of 2024 but the pace of newly listed properties did not keep up with demand. The board says January home sales totalled 1,427, a 38.
Feb 2, 2024 10:32 AM
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Canada signs letter of intent with AI giant Nvidia during CEO's Toronto trip
TORONTO — Industry Minister François-Philippe Champagne says Canada has signed a letter of intent with artificial intelligence chip giant Nvidia to boost computing power.
Feb 2, 2024 9:37 AM
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The US didn't just avoid a recession - it's adding hundreds of thousands of new jobs
WASHINGTON (AP) — The nation’s employers delivered a stunning burst of hiring to begin 2024, adding 353,000 jobs in January in the latest sign of the economy’s continuing ability to shrug off the highest interest rates in two decades.
Feb 2, 2024 9:14 AM
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Business, consumer insolvencies rise in December as higher rates bite
OTTAWA — Business insolvencies rose 57.2 per cent in December compared with a year earlier, according to the Office of the Superintendent of Bankruptcy. For the entire year, business insolvencies were up 41.
Feb 2, 2024 8:54 AM
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A London judge acquits climate activist Greta Thunberg over a protest at an oil industry conference
LONDON (AP) — Climate activist Greta Thunberg was acquitted Friday of refusing to follow a police order to leave a protest blocking the entrance to a major oil and gas industry conference in London last year.
Feb 2, 2024 8:44 AM
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January auto sales jump nearly 15% as 'pent-up demand' continues to drive trends
TORONTO — DesRosiers Automotive Consultants says auto sales jumped 14.9 per cent in January compared with the year before. Manufacturers reported an estimated 112,862 transactions for the month, up from 98,259 units in January 2023.
Feb 2, 2024 7:59 AM
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The debate over Native American mascots persists as some schools reinstate the logos
It was a passionate student letter in 2020 that caused the Southern York County school board to reconsider its logo: a Native American man, representing the “Warriors.
Feb 1, 2024 8:37 PM
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Increase in U.S. softwood lumber duties 'entirely unwarranted,' trade minister says
OTTAWA — The federal government is lashing out at the U.S. Commerce Department over plans to raise duties on Canadian softwood lumber. International Trade Minister Mary Ng says the U.S. has signalled it intends to raise duties to 13.
Feb 1, 2024 5:29 PM
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TC Transcontinental to close St-Hyacinthe, Que., printing plant
MONTREAL — TC Transcontinental says it's closing its printing plant in St-Hyacinthe, Que. The Montreal-based company says it will gradually reduce operations at the plant, with a complete closure scheduled in April.
Feb 1, 2024 3:30 PM
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Indigo receives privatization offer from Gerald Schwartz
TORONTO — Indigo Books & Music Inc. says it has received a proposal to take the retailer private from a pair of companies owned by controlling shareholder Gerald Schwartz. The non-binding proposal from Trilogy Retail Holdings Inc.
Feb 1, 2024 3:24 PM
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