Skip to content
Join our Newsletter

National Business

Ian Greenberg, media executive and co-founder of Astral, dies at 79

Ian Greenberg, media executive and co-founder of Astral, dies at 79

TORONTO — Ian Greenberg, the Montreal media mogul who alongside his brothers grew Astral Media into a radio and television powerhouse, has died at 79. Broadcast giant BCE Inc.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,274.81, up 202.49 points.) Crescent Point Energy Corp. (TSX:CPG). Energy. Up 22 cents, or 2.8 per cent, to $8.
S&P/TSX composite has best day of year as crude reaches highest level in two months

S&P/TSX composite has best day of year as crude reaches highest level in two months

TORONTO — Canada's main stock index enjoyed its strongest day of 2022 as the price of oil closed above US$80 a barrel to its highest level in two months. At the same time, U.S.
Medicare limits coverage of $28,000-a-year Alzheimer's drug

Medicare limits coverage of $28,000-a-year Alzheimer's drug

WASHINGTON (AP) — Medicare said Tuesday it will limit coverage of a $28,000-a-year Alzheimer's drug whose benefits have been widely questioned, a major development in the nation's tug-of-war over the fair value of new medicines that offer tantalizing
China, Philippines halt Canadian beef imports after discovery of 'atypical' BSE case

China, Philippines halt Canadian beef imports after discovery of 'atypical' BSE case

CALGARY — A cattle industry group says it is hopeful a newly imposed import ban on Canadian beef by China and two other Asian countries will be temporary.
Nike accuses Lululemon of patent infringement as at-home fitness competition heats up

Nike accuses Lululemon of patent infringement as at-home fitness competition heats up

Nike Inc. has launched a lawsuit against Lululemon Athletica Inc. accusing the athletic apparel maker of patent infringement with its new Mirror home gym.
Fed's Powell: High inflation poses a threat to job market

Fed's Powell: High inflation poses a threat to job market

WASHINGTON (AP) — Warning that high inflation could make it harder to restore the job market to full health, Federal Reserve Chair Jerome Powell said Tuesday that the Fed will raise interest rates faster than it now plans if needed to stem surging pr
Employees want more than lip service when it comes to mental health support: Experts

Employees want more than lip service when it comes to mental health support: Experts

TORONTO — Bhagyashri Pawar was surprised to see a previous employer make headlines last year for its investments in mental health programs for its staff.
Canadian Natural Resources boosts capex budget to $4.3 billion for 2022

Canadian Natural Resources boosts capex budget to $4.3 billion for 2022

CALGARY — Canadian Natural Resources Ltd. says it expects about $4.3 billion in capital spending this year, up from nearly $3.5 billion in 2021. The company says its plan includes $3.
TransAlta replacing turbine foundations at New Brunswick wind farm

TransAlta replacing turbine foundations at New Brunswick wind farm

CALGARY — TransAlta Renewables Inc. says it will have to replace all 50 turbine foundations at a wind farm in New Brunswick where a tower collapsed last year.