Skip to content

National Business

Money hang-ups from childhood can linger long into adulthood

Money hang-ups from childhood can linger long into adulthood

TORONTO — Steph Davidson grew up with two sets of parents who approached their finances from opposite ends of the spectrum. One set of parents was very frugal, only spending money on the most basic of necessities.
Scotiabank reports Q4 profit up, raises dividend and accelerates digital shift

Scotiabank reports Q4 profit up, raises dividend and accelerates digital shift

TORONTO — Scotiabank became the first big bank to raise its dividend since restrictions on doing so were lifted as it kicked off a week of bank earnings Tuesday.
Powell says Fed may accelerate pullback in economic support

Powell says Fed may accelerate pullback in economic support

WASHINGTON (AP) — Chair Jerome Powell said Tuesday that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation, which Powell acknowledged will likely persist well into next
Most manufacturers facing more acute labour shortage than last year: survey

Most manufacturers facing more acute labour shortage than last year: survey

A new survey of Canadian manufacturers has found 82 per cent of respondents are facing labour shortages and 75 per cent feel their hiring troubles are even worse than last year.
November delivers another hit to sinking consumer confidence

November delivers another hit to sinking consumer confidence

WASHINGTON (AP) — U.S. consumer confidence fell to a nine-month low in November, clipped by rising prices and concern about the coronavirus. The Conference Board reported Tuesday that its consumer confidence index dropped to a reading of 109.
Barbados bids farewell to British monarchy, becomes republic

Barbados bids farewell to British monarchy, becomes republic

SAN JUAN, Puerto Rico (AP) — Barbados stopped pledging allegiance to Queen Elizabeth II on Tuesday as it shed another vestige of its colonial past and became a republic for the first time in history.
Canadian workers facing burnout during the pandemic: Ceridian report

Canadian workers facing burnout during the pandemic: Ceridian report

TORONTO — A new report says droves of Canadian workers have experienced burnout during the pandemic and it's causing at least 20 per cent to seek new jobs.
Ontario Teachers' buys stake in U.S. renewable energy portfolio from NextEra Energy

Ontario Teachers' buys stake in U.S. renewable energy portfolio from NextEra Energy

TORONTO — Ontario Teachers' Pension Plan Board says it has signed a deal with a subsidiary of NextEra Energy Inc. to buy a 50 per cent stake in a portfolio of 13 wind, solar and energy storage assets in the U.S. for US$849 million.
Most manufacturers facing labour shortage, rising costs, industry says

Most manufacturers facing labour shortage, rising costs, industry says

OTTAWA — A new survey of Canadian manufacturers has found 82 per cent are facing labour shortages and 75 per cent feel their hiring troubles are even worse than last year.
US home prices register 19.1% annual gain in September

US home prices register 19.1% annual gain in September

WASHINGTON (AP) — U.S. home prices rose briskly in September, another sign that the housing market is booming in the aftermath of last year's coronavirus recession. The S&P CoreLogic Case-Shiller 20-city home price climbed 19.