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National Business
National Business
Aecon Group selling Ontario road building business for $235 million
TORONTO — Aecon Group Inc. has signed a deal to sell its road building business in Ontario to Green Infrastructure Partners Inc. (GIP) for $235 million in cash.
Mar 1, 2023 8:33 AM
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TikTok ban should make companies review social media, device policies, experts say
TORONTO — The federal government's move to ban TikTok on its phones should make companies think twice about their data policies and consider blocking the app on its own devices, academics say.
Mar 1, 2023 4:00 AM
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Pearson airport to cap number of flights at peak travel times
Toronto Pearson International Airport plans to cap the number of flights into and out of Canada's largest air hub in peak travel periods this year, with a view to "flatten out" daily crests at airports awash in passengers.
Feb 28, 2023 8:06 PM
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Here's what people are saying in reaction to the British Columbia budget
VICTORIA — The British Columbia government released a budget Tuesday that promises billions in new spending on health, housing and cost-of-living supports, as well as a return to deficits.
Feb 28, 2023 6:42 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesdayon the Toronto Stock Exchange: Toronto Stock Exchange (20,221.19, down 38.94): Manulife Financial Corp. (TSX:MFC). Financials. Up 41 cents, or 1.54 per cent, to $26.98 on 24.2 million shares.
Feb 28, 2023 5:30 PM
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Aecon boosts profits after bolstering project backlog
TORONTO — Aecon Group Inc. says its fourth-quarter earnings shot up by nearly two-thirds from the same period last year as the construction firm shored up its project backlog. The Toronto-based company says its net profit jumped to $19.
Feb 28, 2023 5:26 PM
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North American markets slip again, ending rough month for investors
North American stock markets edged down Tuesday to close what has been a rough February for investors. The S&P/TSX composite index closed down 38.94 points at 20,221.19. In New York, the Dow Jones industrial average was down 232.
Feb 28, 2023 5:10 PM
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Canadian commercial real estate investment could reach high of $59B in 2023: CBRE
TORONTO — The outlook for commercial real estate looks "bumpy" in the near term, but CBRE's 2023 forecast predicts a soft landing could still be in the cards.
Feb 28, 2023 4:47 PM
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Wall Street closes out a chilling February with another dip
NEW YORK (AP) — Stocks drifted to a weak close on Wall Street, closing out a rocky February. The S&P 500 lost 0.3% Tuesday, and the Dow Jones Industrial Average and the Nasdaq composite also fell. Treasury yields were mixed.
Feb 28, 2023 4:10 PM
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What is TikTok doing with my data and should I ditch the app?
TORONTO — TikTok has been in the spotlight this week after the federal government announced it was banning the social media app from its devices days after Canadian privacy commissioners began investigating the company.
Feb 28, 2023 3:13 PM
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