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National Business
EU imposes sanctions on Chelsea owner Roman Abramovich
BRUSSELS (AP) — The European Union imposed sanctions Tuesday on Chelsea soccer club owner Roman Abramovich as part of a new package of measures targeting Russia and President Vladimir Putin's close allies.
Mar 15, 2022 10:51 AM
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Average home price hit record $816,720 last month as supply began to rebound: CREA
The Canadian Real Estate Association said the national average home price climbed by more than 20 per cent since last year to hit a record $816,720 in February, driven by exceptional growth across the country.
Mar 15, 2022 10:43 AM
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CannTrust to change name as it exits creditor protection with new majority investor
VAUGHAN, Ont. — CannTrust Holdings Inc. plans to change its name after exiting creditor protection, with its subsidiary receiving $17 million in financing from a group of investors led by a Netherlands-based private equity investment company.
Mar 15, 2022 10:01 AM
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CannTrust to change name as it exits creditor protection with new majority investor
VAUGHAN, Ont. — CannTrust Holdings Inc. plans to change its name after exiting creditor protection, with its subsidiary receiving $17 million in financing from a group of investors led by a Netherlands-based private equity investment company.
Mar 15, 2022 10:01 AM
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US producer prices climbed 10% in February from a year ago
Wholesale inflation in the United States shot up 10% last month from a year earlier — another sign that inflationary pressures remain intense at all levels of the economy.
Mar 15, 2022 8:43 AM
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Statistics Canada says higher prices helped manufacturing sales edge up in January
OTTAWA — Canadian manufacturing sales rose 0.6 per cent to $64.8 billion in January, as higher prices helped boost sales in the petroleum and coal sector to a record high and lift wood product sales higher, Statistics Canada said Tuesday.
Mar 15, 2022 8:06 AM
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Tim Hortons taking its coffee, doughnuts and Timbits to India later this year
TORONTO — Tim Hortons is taking its coffee, doughnuts and Timbits to India. The coffee chain says it will open its first location in the country later this year as part of an agreement with a joint venture owned by Apparel Group and Gateway Partners.
Mar 15, 2022 6:47 AM
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CMHC reports annual pace of housing starts in February up from January
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in February rose eight per cent compared with January.
Mar 15, 2022 5:33 AM
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COVID-19 cases more than double in China's growing outbreak
BEIJING (AP) — China's new COVID-19 cases Tuesday more than doubled from the previous day as the country faces by far its biggest outbreak since the early days of the pandemic.
Mar 14, 2022 9:23 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (21,180.78, down 281.05 points.) Canadian Natural Resources (TSX:CNQ). Energy. Down $3.42, or 4.4 per cent, to $74.21 on 18.
Mar 14, 2022 2:53 PM
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