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National Business
National Business
Scotiabank, CIBC emphasize financial stability at shareholder meetings
TORONTO — The heads of CIBC and Scotiabank kicked off this year's round of shareholder meetings Tuesday by emphasizing their sound financial footing in the wake of several high-profile bank failures while also acknowledging they have more work to do.
Apr 4, 2023 12:49 PM
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Canada Jetlines pauses domestic routes, plans to resume in the fall
MONTREAL — Canada Jetlines has pressed pause on its domestic routes as the upstart airline refocuses on sun destinations and leasing its planes, but says it plans to resume in-country flights come fall.
Apr 4, 2023 12:48 PM
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Federal privacy watchdog probing OpenAI, ChatGPT after complaint about popular bot
OTTAWA — The federal privacy commissioner has launched an investigation into the company behind ChatGPT, an explosively popular artificial intelligence-powered chatbot.
Apr 4, 2023 11:39 AM
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Court throws out gas pipeline's West Virginia water permit
CHARLESTON, W.Va.
Apr 4, 2023 10:41 AM
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Credit Suisse investors slam failures as chairman apologizes
ZURICH (AP) — Credit Suisse shareholders on Tuesday upbraided the Swiss bank's leaders for years of mismanagement, scandal and obfuscation that sent its stock price into the gutter, while executives apologized and insisted that the only way forward f
Apr 4, 2023 9:55 AM
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Auto sales rise 3.7 per cent in March from a year earlier
TORONTO — DesRosiers Automotive Consultants Inc. says auto sales rose 3.7 per cent in March from a year earlier for a fifth month in a row of gains.
Apr 4, 2023 9:19 AM
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Feb job openings slip to 9.9M; a win in inflation fight?
WASHINGTON (AP) — U.S. job openings slipped to 9.9 million in February, fewest since May 2021 and a sign that the job market may be starting to cool, which would be welcome news for the inflation fighters at the Federal Reserve.
Apr 4, 2023 7:42 AM
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Bank of Canada deputy governor Paul Beaudry to leave post, return to academia at UBC
Prior to joining the Bank of Canada, Beaudry was an economics professor at UBC's Vancouver School of Economics.
Apr 4, 2023 7:27 AM
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Vancouver's March home sales down 42.5% from a year ago: B.C. board
VANCOUVER — The Real Estate Board of Greater Vancouver says home sales fell 42.5 per cent in March from a year ago and were 28.4 per cent below the 10-year seasonal average.
Apr 4, 2023 7:21 AM
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Lacking financial literacy, young people are taking it into their own hands
In 2020, Jonathan Atwin and his partner jumped on the personal finance wagon, teaching themselves all about money and how to manage it better. “At the time, we were carrying some debt, so we wanted to try to tackle that,” said Atwin.
Apr 4, 2023 7:04 AM
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