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Income tax indexing highlights Nova Scotia budget as inflation complaints rise

Income tax indexing highlights Nova Scotia budget as inflation complaints rise

HALIFAX — Nova Scotia has tabled a $16.5-billion budget that indexes provincial income tax rates to inflation — a move the government said Thursday will provide relief from the province's rising cost of living.
MPs summon CEOs of Rogers, Bell and Telus to appear at committee about phone prices

MPs summon CEOs of Rogers, Bell and Telus to appear at committee about phone prices

MPs have voted unanimously to summon the chief executives of Canada's three largest telecommunications companies to testify at a federal committee as it studies the accessibility and affordability of wireless and broadband services.
Canada averts recession with meagre growth in Q4, consumers and businesses pinched

Canada averts recession with meagre growth in Q4, consumers and businesses pinched

OTTAWA — The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses.
TD fast-tracking investments to fix anti-money laundering deficiencies: CEO

TD fast-tracking investments to fix anti-money laundering deficiencies: CEO

TORONTO — TD Bank Group has identified where its deficiencies in anti-money laundering oversight are and is working to address them, said chief executive Bharat Masrani.
US applications for jobless benefits rise but remain historically low despite recent layoffs

US applications for jobless benefits rise but remain historically low despite recent layoffs

More Americans applied for jobless benefits last week, but layoffs remain historically low even as more high-profile companies have announced job cuts this year.
Federal Reserve's preferred inflation gauge picked up last month in sign of still-elevated prices

Federal Reserve's preferred inflation gauge picked up last month in sign of still-elevated prices

WASHINGTON (AP) — An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month .
Spin Master expecting challenging year in 2024, plans to launch new 'value' toys

Spin Master expecting challenging year in 2024, plans to launch new 'value' toys

TORONTO — Spin Master Corp. says it expects to face a challenging year in 2024 amid ongoing economic pressures on shoppers, but could see growth as it integrates U.S. toymaker Melissa & Doug following the closure of its acquisition.
Crescent Point Energy reports Q4 profit, raises quarterly dividend 15%

Crescent Point Energy reports Q4 profit, raises quarterly dividend 15%

CALGARY — Crescent Point Energy Corp. raised its quarterly base dividend by 15 per cent as it reported fourth-quarter net income of $951.2 million compared with a loss of $498.1 million a year earlier.
Best Buy's shares up after chain posts smaller-than expected sales decline for 4Q

Best Buy's shares up after chain posts smaller-than expected sales decline for 4Q

NEW YORK (AP) — Best Buy's shares rose on Thursday as the nation's largest consumer electronics chain posted a smaller-than-expected sales decline for the fiscal fourth quarter, signaling that the bottom of spending on gadgets may be in sight.
First Quantum Minerals completes pair of key financing deals

First Quantum Minerals completes pair of key financing deals

TORONTO — First Quantum Minerals Ltd. has completed two key financing deals to raise a total of more than US$2 billion that it plans to use to repay other debt and for general corporate purposes.