Skip to content
Join our Newsletter

National Business

National employment numbers for October from Statistics Canada, at a glance

National employment numbers for October from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's October employment (numbers from the previous month in brackets): Unemployment rate: 5.7 per cent (5.5) Employment rate: 61.9 per cent (62.0) Participation rate: 65.6 per cent (65.
Read more >
St. Lawrence Seaway workers ratify three-year collective agreement

St. Lawrence Seaway workers ratify three-year collective agreement

St. Lawrence Seaway workers have ratified a new collective agreement. A tentative agreement was reached on Sunday between the St. Lawrence Seaway Management Corp. and Unifor, with help from federal mediators.
Read more >
FTX founder Sam Bankman-Fried convicted of defrauding cryptocurrency customers

FTX founder Sam Bankman-Fried convicted of defrauding cryptocurrency customers

NEW YORK (AP) — FTX founder Sam Bankman-Fried’s spectacular rise and fall in the cryptocurrency industry — a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future run for president — hit rock bottom Th
Read more >
UAW members at the first Ford plant to go on strike overwhelmingly approve the new contract

UAW members at the first Ford plant to go on strike overwhelmingly approve the new contract

DETROIT (AP) — Autoworkers at the first Ford factory to go on strike have voted overwhelmingly in favor of a tentative contract agreement reached with the company.
Read more >
Bombardier revenues ramp up, even as private plane travel falls

Bombardier revenues ramp up, even as private plane travel falls

MONTREAL — Bombardier Inc. reported a revenue gain of 28 per cent in its latest quarter as the company pledged to meet its business jet delivery target for the year, even amid supply chain pressures and fewer private jet-setters.
Read more >
Head of Canadian banking at Scotiabank Dan Rees departing

Head of Canadian banking at Scotiabank Dan Rees departing

TORONTO — Scotiabank's head of Canadian banking is leaving after a 25-year career at the financial institution. The bank says Dan Rees is leaving to pursue other opportunities.
Read more >
OpenText Corp. sees earnings, revenues rise to kickstart financial year

OpenText Corp. sees earnings, revenues rise to kickstart financial year

OpenText Corp. says it earned US$80.9 million in the first quarter of its financil year, up from a loss of US$116.9 million a year earlier. Revenues for the Waterloo, Ont.-based company were US$1.
Read more >
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,626.34, up 547.34 points): Enbridge Inc. (TSX:ENB). Energy. Up $1.14, or 2.5 per cent, to $46.06 on 8.2 million shares.
Read more >
Tax avoidance: Canadian companies transferred $120B to Luxembourg, study says

Tax avoidance: Canadian companies transferred $120B to Luxembourg, study says

MONTREAL — A Quebec research institute says some of Canada's biggest companies have transferred billions of dollars in profits to Luxembourg to avoid paying domestic taxes.
Read more >
TVA Group lays off more than 500 employees as audiences and ad revenues shrink

TVA Group lays off more than 500 employees as audiences and ad revenues shrink

MONTREAL — The TVA Group says it is laying off 547 employees — nearly a third of its workforce — amid restructuring as the company contends with declining audiences and ad revenues.
Read more >
$(function() { $(".nav-social-ft").append('
    • '); });