Skip to content
Join our Newsletter

National Business

IRS nominee Daniel Werfel confirmed by Senate vote

IRS nominee Daniel Werfel confirmed by Senate vote

WASHINGTON (AP) — The U.S. Senate confirmed Daniel Werfel to serve as commissioner of the Internal Revenue Service on Thursday by a vote of 54-42.
Read more >
Maple Leaf Foods expecting modest annual growth in its plant-based protein

Maple Leaf Foods expecting modest annual growth in its plant-based protein

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. said it's expecting modest annual growth in its plant-based protein category as the company reported a loss for its latest quarter, due in part to weaker pork markets and a cyberattack. The Mississauga, Ont.
Read more >
Independent grocers defend chains against food inflation accusations

Independent grocers defend chains against food inflation accusations

OTTAWA — An unlikely alliance between Canada's independent grocers and the country's three largest chains is forming amid accusations that grocery stores are to blame for higher food inflation.
Read more >
Biden budget with deficit cuts, tax hikes won't fly with GOP

Biden budget with deficit cuts, tax hikes won't fly with GOP

WASHINGTON (AP) — As political gridlock puts the government at risk of defaulting, President Joe Biden on Thursday is making an opening offer with a budget plan that would cut deficits by $2.
Read more >
GM offers buyouts to most US salaried workers to trim costs

GM offers buyouts to most US salaried workers to trim costs

DETROIT (AP) — General Motors is offering buyouts to most of its U.S. salaried workforce and some global executives in an effort to trim costs as it makes the transition to electric vehicles.
Read more >
With airfares rising, here’s how to find a travel deal this year

With airfares rising, here’s how to find a travel deal this year

MONTREAL — As demand surges and airfares soar to new heights, many Canadians are in search of travel deals this year. And low prices are out there — particularly for domestic flights.
Read more >
Applications for US jobless aid rise by most in 5 months

Applications for US jobless aid rise by most in 5 months

The number of Americans applying for unemployment benefits last week jumped by the most in five months, but layoffs remain historically low as the labor market continues to be largely unaffected by the Federal Reserve's interest rate hikes.
Read more >
TikTok is Canada's least trusted social media platform: TMU study

TikTok is Canada's least trusted social media platform: TMU study

TORONTO — TikTok is experiencing the fastest rate of growth among Canadians, but is also the least trusted social media platform in the country, a new report said.
Read more >
Indigo employee data leak included sensitive info on immigration, medical leave

Indigo employee data leak included sensitive info on immigration, medical leave

Indigo says the data leak that affected current and former employees of the bookstore chain included information on medical leaves and immigration applications, as well as other sensitive information not included when the company initially disclosed
Read more >
Grocery CEOs deny accusations that food price inflation is driven by profit-mongering

Grocery CEOs deny accusations that food price inflation is driven by profit-mongering

OTTAWA — The leaders of Canada's major grocery chains insist that food price inflation is not caused by profit-mongering and that their margins on food-related profits have remained low. The CEOs and presidents of Loblaw Cos. Ltd., Metro Inc.
Read more >