Skip to content

National Business

Statistics Canada says manufacturing sales up 1.6% in July after falling in June

Statistics Canada says manufacturing sales up 1.6% in July after falling in June

OTTAWA — Statistics Canada says manufacturing sales rose 1.6 per cent to $71.9 billion in July, boosted by higher sales of food products, petroleum and coal products and transportation equipment. The increase followed at 2.0 per cent decline in June.
Read more >
TikTok is hit with $368 million fine under Europe's strict data privacy rules

TikTok is hit with $368 million fine under Europe's strict data privacy rules

LONDON (AP) — European regulators slapped TikTok with a $368 million fine on Friday for failing to protect children's privacy , the first time that the popular short video-sharing app has been punished for breaching Europe's strict data privacy rules
Read more >
UAW poised for midnight strike at plants in Wayne, Michigan, Toledo, Ohio, and Wentzville, Missouri

UAW poised for midnight strike at plants in Wayne, Michigan, Toledo, Ohio, and Wentzville, Missouri

DETROIT (AP) — The United Auto Workers union says it will go on strike at three vehicle assembly plants as it presses Detroit companies to come up with better wage and benefit offers.
Read more >
Trudeau calls on major grocers to stabilize food prices, drawing industry pushback

Trudeau calls on major grocers to stabilize food prices, drawing industry pushback

TORONTO — The federal government is demanding major Canadian grocers come up with a plan to stabilize prices, drawing pushback from the food industry.
Read more >
Canfor to build new manufacturing facility after closure of Houston, B.C., sawmill

Canfor to build new manufacturing facility after closure of Houston, B.C., sawmill

Vancouver-based Canfor has announced plans to build a new manufacturing facility in Houston, B.C., about eight months after the forestry firm shut down its sawmill in the same community of about 3,000 residents.
Read more >
Canopy Growth lands creditor protection for BioSteel business, intends to sell brand

Canopy Growth lands creditor protection for BioSteel business, intends to sell brand

Tired of its sports drink business weighing on its books, Canopy Growth Corp. is making moves to shed the division. The Smiths Falls, Ont.
Read more >
Consumers still hungry for leisure travel, despite inflation, rate hikes: Transat CEO

Consumers still hungry for leisure travel, despite inflation, rate hikes: Transat CEO

MONTREAL — Canadians are still gung-ho for travel to sun-splashed resorts and European getaways, in spite of higher inflation and interest rates, says Transat AT Inc. chief executive Annick Guérard.
Read more >
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,567.84, up 288.90 points): Canopy Growth Corp. (TSX:WEED). Healthcare. Up 14 cents, or 8.97 per cent, to $1.70 on 22.
Read more >
S&P/TSX composite rises almost 300 points, U.S. stock markets also rally

S&P/TSX composite rises almost 300 points, U.S. stock markets also rally

TORONTO — Canada's main stock index gained almost 300 points on a broad-based rally led by base metal stocks as the price of oil reached US$90 per barrel, while U.S. stock markets also rose.
Read more >
Stock market today: Wall Street climbs as stocks worldwide rise

Stock market today: Wall Street climbs as stocks worldwide rise

NEW YORK (AP) — Stocks rose on Wall Street after a blizzard of reports suggested the U.S. economy is still humming, though inflation may be too. The S&P 500 climbed 0.8% Thursday. The Dow rose 331 points and the Nasdaq composite added 0.8%.
Read more >