National Business

OTTAWA — The national unemployment rate held steady at 5.1 per cent in November. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

OTTAWA — Canada's national unemployment rate held steady at 5.1 per cent in November. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.7 per cent (10.

OTTAWA — A quick look at Canada's November employment (numbers from the previous month in brackets): Unemployment rate: 5.1 per cent (5.2) Employment rate: 61.5 per cent (61.6) Participation rate: 64.8 per cent (64.

TORONTO — CIBC says a New York court has issued a liability ruling against the Canadian bank in a lawsuit brought by Cerberus Capital Management LP. Cerberus filed the lawsuit in November 2015.

EDMONTON — CWB Financial Group raised its dividend and reported its fourth-quarter profit fell compared with year ago as its provision for credit losses rose. The bank says it upped its quarterly dividend by a penny to 32 cents per share.

A new report by the Centre for Future Work found that growth in corporate profits this year compared to pre-pandemic has been concentrated in a small number of sectors where consumer prices have also risen the fastest.

BANGKOK (AP) — Shares retreated in Asia on Friday after a mixed day on Wall Street as optimism over signs the Federal Reserve may temper its aggressive interest rate hikes was replaced by worries the economy might be headed for a recession. A U.S.

BOSTON (AP) — The Prince and Princess of Wales on Thursday heard about solar-powered autonomous boats and low-carbon cement at a green technology startup incubator in suburban Boston before learning how a nonprofit gives young people the tools to sta

VANCOUVER — British Columbia's Medical Services Commission has applied for a court injunction against a Telus Health program alleging it is extra-billing for health services. In documents filed in the B.C.

WASHINGTON — An experimental bid to rescue the troubled Nexus trusted-traveller program between Canada and the United States has expanded to the Peace Bridge.