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National Business
National Business
Stocks slump, closing out worst quarter since early 2020
NEW YORK — Stocks fell again on Wall Street Thursday, closing out the worst quarter for the market since the onset of the pandemic in early 2020. The S&P 500 index lost 0.9%.
Jun 30, 2022 1:08 PM
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Calgary Stampede receives $10M from federal government to aid recovery from pandemic
CALGARY — The Calgary Stampede has received more than $10 million from the federal government to help it bounce back after last year's event was scaled down due to the COVID-19 pandemic.
Jun 30, 2022 12:11 PM
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In tight rental market, here's how to prepare for a potential increase at renewal
TORONTO — The rate advantage city renters saw during the pandemic is fading, making it important for those without rent controls to plan ahead for potentially substantial increases.
Jun 30, 2022 11:52 AM
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OPEC+ oil boost likely not much help to high gasoline prices
NEW YORK (AP) — The OPEC oil cartel and allied producing nations decided Thursday to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fueled inflation plaguing the global economy
Jun 30, 2022 11:18 AM
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Supreme Court limits EPA in curbing power plant emissions
WASHINGTON (AP) — In a blow to the fight against climate change , the Supreme Court on Thursday limited how the nation’s main anti-air pollution law can be used to reduce carbon dioxide emissions from power plants.
Jun 30, 2022 10:57 AM
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Statistics Canada says economy grew 0.3 per cent in April, but contracted in May
OTTAWA — Economic growth slowed in April and Statistics Canada said Thursday its early estimate for May pointed to a contraction for the month amid weakness in the resource, manufacturing and construction sectors.
Jun 30, 2022 8:55 AM
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EU, New Zealand strike free trade deal after 4 years' talks
BRUSSELS (AP) — The European Union and New Zealand said Thursday they have concluded a free trade deal after four years of negotiations and sealed a partnership to reinforce their cooperation against organized crime and terror groups.
Jun 30, 2022 7:37 AM
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'Hotdogs instead of steaks:' What your Canada Day BBQ will cost with hot inflation
The Canada Day long weekend is the perfect time for burgers on the grill, cold drinks and time with family and friends. Yet a backyard barbecue comes with a bigger price tag this year. Food prices soared 9.
Jun 30, 2022 7:00 AM
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Key inflation gauge tracked by the Fed remains a high 6.3%
WASHINGTON (AP) — A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3% in May from a year earlier, unchanged from its level in April.
Jun 30, 2022 6:21 AM
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Slightly fewer Americans apply for jobless claims last week
WASHINGTON (AP) — Slightly fewer Americans applied for unemployment benefits last week, reflecting a robust job market despite rising job cuts in some sectors of the economy that have cooled in recent months.
Jun 30, 2022 5:41 AM
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