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National Business
National Business
S&P/TSX composite falls almost 400 points, U.S. stock markets also retreat
TORONTO — Canada's main stock index fell almost 400 points, or nearly two per cent, Tuesday on broad-based weakness, while U.S. markets also fell, with the three major indexes south of the border each losing more than one per cent.
Aug 15, 2023 1:42 PM
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Suncor has been too focused on energy transition, must get back to fundamentals: CEO
CALGARY — The man hired to turn around the flagging fortunes of Suncor Energy Inc. said Tuesday he believes the company has been too focused in recent years on the energy transition and must get back to an oil-centred business strategy.
Aug 15, 2023 1:35 PM
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Office vacancy rate could peak in 2024 as hybrid work models gain popularity: report
TORONTO — The national office vacancy rate could peak at approximately 15 per cent by the end of 2024 as the rise of hybrid work models prompt companies to reduce their office space, according to a new report by Colliers Canada.
Aug 15, 2023 1:05 PM
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Cash incentives offered to Nova Scotia businesses that promote the 'Gaelic brand'
HALIFAX — The next time you order a meal in Nova Scotia, you could get a discount on your bill – if you know some Gaelic.
Aug 15, 2023 12:57 PM
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Annual grocery price increases continue to far outpace overall inflation
Grocery prices are still rising at a far higher annual pace than overall inflation, but experts expect to see them continue moderating as the year progresses. The price of groceries grew 8.5 per cent in July compared with last year, down from a 9.
Aug 15, 2023 12:52 PM
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President Biden focuses on factory jobs in Wisconsin, ignoring latest Trump indictment
MILWAUKEE (AP) — On the heels of a fourth indictment for Donald Trump, President Joe Biden focused on manufacturing jobs in a speech at a Wisconsin factory — putting his ideas for growth up against his Republican rivals in a bid to win over voters in
Aug 15, 2023 12:27 PM
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As inflation jumps to 3.3 per cent in July, economists say uptick is bad news for BoC
OTTAWA — Canada’s annual inflation rate rose to 3.3 per cent in July, as economists warn the latest consumer price index report spells bad news for the Bank of Canada. The uptick in price growth comes after inflation tumbled to 2.
Aug 15, 2023 11:28 AM
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Alberta's electricity cost surge helps drive inflation even as energy prices drop
Statistics Canada says a spike in the amount Albertans paid for electricity last month counteracted an overall decline in energy prices in July — and was one of the key reasons cited by the agency as the overall inflation rate ticked up.
Aug 15, 2023 11:18 AM
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Netflix launches gaming test for televisions and computers in Canada
TORONTO — Netflix says it has begun an experiment allowing some Canadians to play its games on their televisions and computers.
Aug 15, 2023 8:46 AM
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Stock market today: Wall Street falls with markets worldwide after weak economic data from China
NEW YORK (AP) — Stocks worldwide are falling Tuesday as China’s faltering recovery raises worries for the rest of the global economy. The S&P 500 sank 0.
Aug 15, 2023 8:46 AM
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