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National Business
National Business
New California laws aim to reduce smash-and-grab robberies, car thefts and shoplifting
SACRAMENTO, Calif. (AP) — California Gov.
Aug 16, 2024 11:12 AM
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Broke and broken: Report says Canada's public transit in critical funding state
OTTAWA — A new analysis warns that Canada's major cities are struggling to keep their transit systems running, and says public transit is heading for a "downward spiral" unless major new streams of operating revenue open up.
Aug 16, 2024 10:15 AM
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New Brunswick's Point Lepreau nuclear power plant down until mid-November
SAINT JOHN, N.B. — New Brunswick’s electrical utility says its sole nuclear generating station will remain shut down until at least mid-November. The station at Point Lepreau, N.B.
Aug 16, 2024 9:34 AM
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Cannabis company Canopy Growth says chief executive David Klein to retire next year
SMITHS FALLS, Ont. — Canopy Growth Corp. says chief executive David Klein is retiring next year. The cannabis company says Klein will call it quits at the end of the company's current financial year on March 31, 2025.
Aug 16, 2024 8:16 AM
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CMHC says annual pace of housing starts in July up 16% from June
OTTAWA — The annual pace of housing starts in July climbed 16 per cent compared with June as starts of multi-unit projects shot higher for the month, Canada Mortgage and Housing Corp. says.
Aug 16, 2024 8:03 AM
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Green energy projects eye underground salt caverns as key to hydrogen storage
Triple Point Resources Ltd. CEO Julie Lemieux wants people to understand the sheer size of the Fischell Salt Dome, a geological formation on Newfoundland's west coast she says could play a key role in the green energy transition.
Aug 16, 2024 7:13 AM
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Statistics Canada says manufacturing sales down 2.1% in June at $69.6B
OTTAWA — Statistics Canada says manufacturing sales fell 2.1 per cent to $69.6 billion in June, as sales for the transportation equipment, chemical product and primary metal subsectors moved lower.
Aug 16, 2024 6:41 AM
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Harris zeroes in on high food and housing prices as inflation plays a big role in the campaign
WASHINGTON (AP) — Vice President Kamala Harris is zeroing in on high food and housing prices as her campaign previews an economic policy speech Friday in North Carolina, promising to push for a federal ban on price gouging on groceries and laying out
Aug 15, 2024 5:06 PM
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Tenant advocate decries ruling that let B.C. landlord hike rent 27% after rates rose
VANCOUVER — Lawyer Rob Patterson says the phones at B.C.'s Tenant Resource and Advisory Centre never stop ringing — but he worries a decision allowing a landlord to impose a 27 per cent rent increase will fuel even more demand for its services.
Aug 15, 2024 5:03 PM
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TC Energy completes sale of Portland Natural Gas Transmission System
CALGARY — TC Energy Corp. says it and its partner have successfully completed the sale of Portland Natural Gas Transmission System. Earlier this year, the companies announced they were selling the U.S. pipeline for US$1.
Aug 15, 2024 3:06 PM
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