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National Business
National Business
Ex-Goldman banker testifies 1MDB scheme a 'house of cards'
NEW YORK (AP) — A former top banker at Goldman Sachs testified Wednesday that he and other corrupt executives at the firm built a “house of cards” that was doomed to fall to try to conceal an audacious scheme to ransack a Malaysian state investment f
Feb 16, 2022 12:40 PM
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Inflation continues to outstrip wage growth as annual rate surpasses 5 per cent
OTTAWA — The purchasing power of Canadians waned further last month as wages were outpaced by an annual inflation rate that topped five per cent for the first time in more than 30 years. The annual inflation rate rose to 5.
Feb 16, 2022 12:03 PM
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'Layer upon layer of issues': Grocery bills climb as food inflation rate hits 6.5%
Food prices in Canada are soaring as higher input costs, shipping fees and wages push the food inflation rate to 6.5 per cent — the biggest year-over-year jump in grocery bills in more than a decade.
Feb 16, 2022 11:53 AM
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Kevin Costner lobbies Utah for more tax rebates for films
SALT LAKE CITY (AP) — Kevin Costner, the Academy Award-winning actor-director known for films such as “Dances With Wolves" and the current TV hit “Yellowstone,” is lobbying Utah lawmakers to offer more tax rebates to films that choose to shoot in rur
Feb 16, 2022 11:30 AM
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Investigation: Zinke misused position as Interior secretary
BILLINGS, Mont. (AP) — Former U.S.
Feb 16, 2022 10:07 AM
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Barrick Gold raises dividend, reports US$2.02-billion profit for 2021
Barrick Gold Corp. is scouting for new exploration opportunities in Asia as part of an ongoing push into prospective territories, the Toronto-based mining company said Wednesday.
Feb 16, 2022 9:41 AM
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Statistics Canada says manufacturing sales up 0.7 per cent in December
OTTAWA — Statistics Canada says manufacturing sales rose 0.7 per cent in December to $64.0 billion, led by a gain in sales of plastic and rubber, motor vehicles and fabricated metal, as well as wood product industries.
Feb 16, 2022 8:17 AM
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Statistics Canada says wholesale sales up 0.6 per cent in December
OTTAWA — Statistics Canada says wholesale sales rose for a fifth consecutive month in December, helped by gains in the auto sector. The agency says wholesale sales rose 0.6 per cent in December to $76.2 billion.
Feb 16, 2022 8:16 AM
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What-flation? As inflation rate passes five per cent, a primer on some adjacent words
TORONTO — After holding off on an interest rate increase last month, the stage is set for the Bank of Canada to hike in March after the annual inflation rate topped five per cent for the first time in more than 30 years, with prices rising for everyt
Feb 16, 2022 6:31 AM
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Here's a list of January inflation rates for selected Canadian cities
OTTAWA — Canada's national annual inflation rate was 5.1 per cent in January, Statistics Canada says.
Feb 16, 2022 6:12 AM
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