National Business

TORONTO — Canada's main stock index moved lower Monday, led by losses in technology and utilities stocks, while U.S. stock markets were also down. The S&P/TSX composite index closed down 66.38 points at 25,625.42.

The Crown corporation’s shutdown meant that millions of Canadians who receive or send parcels via Canada Post in the lead-up to Christmas have had to turn elsewhere.

NEW YORK (AP) — A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records. The S&P 500 fell 0.6% Monday, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average fell 0.

Pamela Anderson's Hollywood comeback hit a new high Monday when the Canadian actress picked up her first-ever Golden Globe nomination. The B.C.

OTTAWA — The federal government's GST holiday would cost as much as $2.7 billion if provinces with a harmonized sales tax asked for compensation, the parliamentary budget officer said on Monday.

OTTAWA — Financial markets and forecasters are betting on another jumbo interest rate cut from the Bank of Canada on Wednesday, which would bring its key rate down to 3.25 per cent.

OTTAWA — Finance Minister Chrystia Freeland will publish the government's fall economic statement on Dec. 16, just before members of Parliament are expected to head home for the holidays.

EDMONTON — CWB Financial Group says a legal claim against one of its subsidiaries is the reason behind the delay of the release of its fourth-quarter and full-year financial results.

MONTREAL — The chief executive of Air Canada has been elected as the new chairperson of the Star Alliance chief executive board. Michael Rousseau succeeds United Airlines chief executive Scott Kirby, who has held the title since December 2020.

VANCOUVER — Lundin Mining Corp. has signed a deal to sell a pair of mines in Europe to Boliden AB in an agreement valued at up to US$1.52 billion.