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National Business
National Business
Stock markets in Canada and U.S. down after U.S. Federal Reserve decision
TORONTO — Canada's main stock index ended down almost one per cent and U.S. stock indexes closed even lower following whipsaw trading after the U.S.
Sep 21, 2022 2:29 PM
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Fendi, Diesel open Milan Fashion Week with sense of renewal
MILAN (AP) — Milan Fashion Week opened Wednesday with a sense of renewal. Milan's five-day calendar returned to near pre-COVID-19 levels with 68 runway shows, 104 presentations and 30 events.
Sep 21, 2022 2:23 PM
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AIMCo CEO says execs who force employees back to the office are 'tone-deaf'
CALGARY — The CEO of one of Canada's largest institutional investors didn't mince words Wednesday when speaking about the recent push by some corporate leaders to order employees back to the office full-time.
Sep 21, 2022 1:48 PM
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Fed attacks inflation with another big hike and expects more
WASHINGTON (AP) — Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point for a third straight time and signaled more large rate hikes to come — an aggressiv
Sep 21, 2022 1:23 PM
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Postmedia to end Monday print edition of nine urban daily newspapers
TORONTO — Postmedia Network Inc., owned by Postmedia Network Canada Corp., says nine of its urban daily newspapers will no longer be printed and delivered on Mondays effective Oct. 17.
Sep 21, 2022 1:03 PM
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AIMCo CEO rejects fossil fuel divestment as investment strategy
CALGARY — The CEO of Alberta Investment Management Corp. (AIMCo) says divesting from fossil fuels is the opposite of what pension funds should be doing if they want to help solve the climate crisis.
Sep 21, 2022 12:26 PM
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Tech sector says more job cuts to come as Elevate conference gets underway
TORONTO — The Elevate technology conference made its return to Toronto this week with a buzzy spectacle — shutting down several blocks of the Esplanade neighbourhood for a block party with performances from artists like rapper Haviah Mighty and sched
Sep 21, 2022 11:25 AM
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Toronto's Pearson Airport ranks low in customer satisfaction, again: survey
A survey has found Toronto Pearson International Airport ranked among the lowest in customer satisfaction of all major North American airports for the second year running. The J.D.
Sep 21, 2022 10:41 AM
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Stats Canada says Canada's homeownership rate fell in latest 2021 census release
OTTAWA — Canada's homeownership rate is on the decline, with young adults in particular less likely to own a home in 2021 than they were adecade earlier, says Statistics Canada. According to the latest census release, 66.
Sep 21, 2022 10:28 AM
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Milan Fashion Week hears calls for more designer diversity
MILAN (AP) — The Milan Fashion Week that opens Wednesday is showcasing collections by perhaps its most ethnically diverse lineup of designers, including the debuts of the new creative directors of Salvatore Ferragamo and Bally and the return of Haiti
Sep 21, 2022 9:18 AM
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