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National Business
National Business
North American stock markets continue broad-based rally; commodities weaker
North American markets enjoyed a broad-based rally Friday, bolstered by two encouraging U.S. inflation reports earlier in the week and a lack of any other major economic news on the day to offset them.
Aug 12, 2022 1:59 PM
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Amazon's Ring, MGM to launch show from viral doorbell videos
NEW YORK (AP) — Two Amazon-owned companies — Ring and Hollywood studio MGM — are teaming to create a TV show in the mold of “America’s Funniest Home Videos” using viral footage from Ring’s doorbell and smart-home cameras.
Aug 12, 2022 1:52 PM
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California governor proposes extending nuclear plant's life
LOS ANGELES (AP) — California Gov. Gavin Newsom on Friday proposed extending the life of the state’s last operating nuclear power plant by at least five to 10 years to maintain reliable power supplies in the climate change era.
Aug 12, 2022 12:38 PM
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Telus seeks to add charge credit card surcharge as restrictions set to lift
TORONTO — Telus Corp. is trying to add a 1.5 per cent processing fee for customers who use a credit card after a class action settlement cleared the way for merchants to add the surcharge starting this fall.
Aug 12, 2022 12:20 PM
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California governor wants to extend nuclear plant's life
LOS ANGELES (AP) — California Gov. Gavin Newsom is proposing to extend the life of the state’s last operating nuclear power plant by at least five to 10 years to maintain reliable power supplies in the climate change era.
Aug 12, 2022 11:22 AM
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Hundreds of pot shops to receive deliveries after cyberattack on partner: OCS
TORONTO — Ontario's cannabis wholesaler says hundreds of pot shops will start receiving product deliveries over the next few days as it restarts systems turned off because of a cyberattack on one of its logistics partners.
Aug 12, 2022 9:00 AM
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Rogers, Shaw, Quebecor sign definitive agreement on planned sale of Freedom Mobile
TORONTO — Rogers Communications Inc. and Shaw Communications Inc. have signed a definitive agreement with Quebecor Inc. that will see the Montreal-based telecom company acquire wireless carrier Freedom Mobile Inc.
Aug 12, 2022 8:11 AM
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Investment in residential construction falls for first time in nine months: StatCan
OTTAWA — Statistics Canada says investment in residential construction declined for the first time in nine months in June, as gains in the non-residential sector helped push overall construction investment up 0.3 per cent to $20.8 billion.
Aug 12, 2022 6:40 AM
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Aimia reports net loss in second quarter partly due to decline in equity values
TORONTO — Aimia Inc. reported a net loss of $35.2 million in its second quarter, compared with a profit of $3.1 million in the same quarter last year.
Aug 12, 2022 5:56 AM
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Luxury goods tax on super-rich could hit electric vehicles: expert
OTTAWA — A new tax on yachts, luxury cars and private aircraft designed to hit the super-rich could also cover vehicles meant to help the environment, a tax expert warns. The luxury goods tax, which will come into force on Sept.
Aug 11, 2022 3:02 PM
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