Skip to content

National Business

Here's a quick glance at unemployment rates for July, by province

Here's a quick glance at unemployment rates for July, by province

OTTAWA — Canada's national unemployment rate was 5.5 per cent in July. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 8.7 per cent (8.8) _ Prince Edward Island 8.
Read more >
Here's a quick glance at unemployment rates for July, by Canadian city

Here's a quick glance at unemployment rates for July, by Canadian city

OTTAWA — The national unemployment rate was 5.5 per cent in July. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Read more >
National employment numbers for July from Statistics Canada, at a glance

National employment numbers for July from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's July employment (numbers from the previous month in brackets): Unemployment rate: 5.5 per cent (5.4) Employment rate: 62.0 per cent (62.2) Participation rate: 65.6 per cent (65.
Read more >
Open Text Corp. reports net loss in fourth quarter, launches AI strategy

Open Text Corp. reports net loss in fourth quarter, launches AI strategy

Open Text Corp. reported a net loss of US$48.7 million in its fourth quarter, down from earnings of US$102.2 million during the same quarter last year. Revenues for the quarter ended June 30 were US$1.5 billion, up from US$902.5 million last year.
Read more >
Nutrien announces strategic actions to cut costs amid economic headwinds

Nutrien announces strategic actions to cut costs amid economic headwinds

SASKATOON — Nutrien Ltd. is indefinitely pausing its potash production ramp-up and suspending work on its Geismar clean ammonia project after a period of "unprecedented volatility" in fertilizer markets, said chief executive Ken Seitz on Thursday.
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 (20,120.74, down 97.47): Suncor Energy Inc. (TSX:SU). Energy. Up 25 cents, or 0.62 per cent, to $40.50 on 8.3 million shares.
Read more >
S&P/TSX composite down almost 100 points Thursday, U.S. markets also decline

S&P/TSX composite down almost 100 points Thursday, U.S. markets also decline

TORONTO — Canada's main stock index closed down almost 100 points Thursday despite strength in energy stocks, while U.S. markets also moved lower a day after rating agency Fitch downgraded the U.S. government’s credit rating from AAA to AA+.
Read more >
Bombardier CEO says business jets still in high demand, but stock price descends

Bombardier CEO says business jets still in high demand, but stock price descends

MONTREAL — Despite supply chain snarls, Bombardier boosted its second-quarter revenues amid ongoing demand for business jets as deliveries and aftermarket services ramped up, said CEO Éric Martel.
Read more >
SNC-Lavalin plans to start snapping up companies as soon as next year: CEO

SNC-Lavalin plans to start snapping up companies as soon as next year: CEO

MONTREAL — Less than five years after it embarked on a program of streamlining, SNC-Lavalin Group Inc. aims to blaze a "methodical" trail of mergers and acquisitions starting as early as 2024, its CEO says.
Read more >
Maple Leaf Foods reports $53.7M net loss in Q2 as company faces inflationary pressure

Maple Leaf Foods reports $53.7M net loss in Q2 as company faces inflationary pressure

Maple Leaf Foods Inc. said it lost $53.7 million in its most recent quarter as it grappled with inflation and other market headwinds.
Read more >