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National Business
National Business
BoC expected to hold interest rates this week as grey cloud hangs over economy
OTTAWA — The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the stage for rate cuts in the coming months.
Mar 4, 2024 4:00 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Home sales Some of Canada's biggest cities are reporting their February home sales this week.
Mar 3, 2024 10:00 AM
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Major grocers expanding discount footprint as customers keep budgets tight
Canada’s biggest grocers are investing money and space in discount stores such as No Frills, Food Basics and FreshCo as shoppers look for ways to save on food amid the higher cost of living.
Mar 3, 2024 7:00 AM
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Newfoundland and Labrador asked to figure out cost of shutting down oil projects
ST. JOHN'S, N.L.
Mar 2, 2024 6:00 AM
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United Steelworkers Local 2004 reaches tentative deal with CN Rail
MONTREAL — The United Steelworkers union says it has reached a tentative deal with Canadian National Railway Co. for a new contract covering 3,000 workers in Canada.
Mar 1, 2024 5:32 PM
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Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity
Elon Musk is suing OpenAI and its CEO Sam Altman over what he says is a betrayal of the ChatGPT maker's founding aims of benefiting humanity rather than pursuing profits.
Mar 1, 2024 5:32 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,552.35, up 188.74 points): Suncor Energy Inc. (TSX:SU). Energy. Up 77 cents, or 1.65 per cent, to $47.40 on 24.1 million shares.
Mar 1, 2024 5:01 PM
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S&P/TSX composite gains almost 200 points as oil rises, U.S. markets hit new highs
TORONTO — Canada's main stock index gained almost 200 points on Friday, helped by strength in energy stocks as the price of oil moved higher, while U.S. markets closed out the week with new record highs for the Nasdaq and the S&P 500.
Mar 1, 2024 4:41 PM
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Stock market today: Wall Street climbs to more records as bond yields ease
NEW YORK (AP) — Wall Street added to its records as U.S. stocks closed out another winning week. The S&P 500 rose 0.8% Friday. The Dow Jones Industrial Average rose 0.2%, and the Nasdaq composite rose 1.1%.
Mar 1, 2024 4:09 PM
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Body Shop Canada files for bankruptcy protection, plans restructuring
TORONTO — The Body Shop Canada Ltd. says it will close 33 stores and halt its e-commerce operations as it seeks to restructure under the Bankruptcy and Insolvency Act.
Mar 1, 2024 3:54 PM
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