Skip to content
Join our Newsletter

National Business

P.E.I. premier asking Ottawa to reduce tolls for Confederation Bridge and ferry fares

P.E.I. premier asking Ottawa to reduce tolls for Confederation Bridge and ferry fares

CHARLOTTETOWN — The premier of Prince Edward Island is asking the federal government to reduce the tolls for the Confederation Bridge to make trips to and from the mainland more affordable.
Bank of Canada's business and consumer surveys show signs of a weakening economy

Bank of Canada's business and consumer surveys show signs of a weakening economy

OTTAWA — With high inflation and rising interest rates taking a bite out of paycheques, the Bank of Canada says businesses expect sales to slow as consumers pull back on spending.
Bank of Canada appoints Nicolas Vincent as new deputy governor

Bank of Canada appoints Nicolas Vincent as new deputy governor

OTTAWA — The Bank of Canada has appointed Nicolas Vincent, an economics professor at HEC Montreal, as a non-executive deputy governor for a two-year term.
CREA predicts 2023 home sales to edge down 0.5% from 2022 mark

CREA predicts 2023 home sales to edge down 0.5% from 2022 mark

The Canadian Real Estate Association expects home sales to edge down less than one per cent and prices to fall almost six per cent from 2022, which ended with the market in a sluggish state as sellers and buyers sat on the sidelines.
Michele Romanow steps down as Clearco CEO as company lays off staff again

Michele Romanow steps down as Clearco CEO as company lays off staff again

TORONTO — Michele Romanow is stepping down from her chief executive role at Clearco as the e-commerce investing business she co-founded lays off staff.
Debt worries rise amid higher interest rates and persistent inflation: MNP report

Debt worries rise amid higher interest rates and persistent inflation: MNP report

CALGARY — A new report suggests Canadians' worries about debt are rising amid higher interest rates and persistent inflation.
Ukraine strike deaths hit 40; Russia seen preparing long war

Ukraine strike deaths hit 40; Russia seen preparing long war

DNIPRO, Ukraine (AP) — The death toll from a weekend Russian missile strike on an apartment building in the southeastern Ukrainian city of Dnipro has risen to 40, authorities said Monday, as Western analysts pointed to indications the Kremlin was pre
Statistics Canada says manufacturing sales flat at $72.3 billion in November

Statistics Canada says manufacturing sales flat at $72.3 billion in November

OTTAWA — Statistics Canada says manufacturing sales were flat at $72.3 billion in November. The result came as sales in the motor vehicle industry rose 12.7 per cent to $3.
Italy: No 1 wanted Mafia boss held after 30 years on the run

Italy: No 1 wanted Mafia boss held after 30 years on the run

ROME (AP) — Italy’s No.
19 dead, dozens injured in Senegal road crash

19 dead, dozens injured in Senegal road crash

DAKAR, Senegal (AP) — A bus swerved to avoid hitting a donkey and collided with a truck, killing at least 19 people and injuring dozens of others in Senegal on Monday, authorities said.