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National Business
National Business
Average asking rents in Canada reach record $2,202 in May, says new report
A new report says the average asking rent for a home in Canada hit a record $2,202 in May, up 9.3 per cent compared with a year ago and 0.6 per cent from the previous month. The report by Urbanation and Rentals.
Jun 6, 2024 3:53 PM
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Labour and engine woes push Transat to a loss as travel company curtails expansion
MONTREAL — Transat A.T. Inc. felt the headwinds of stiff competition, engine recalls and the threat of a union strike last quarter, which together conspired to drain more money from the struggling tour operator.
Jun 6, 2024 3:44 PM
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Bell Media's 10 FAST channels set to launch on Plex, Roku Channel
TORONTO — Bell Media's 10 free ad-supported streaming channels will launch on new platforms this year.
Jun 6, 2024 3:26 PM
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US antitrust enforcers will investigate leading AI companies Microsoft, Nvidia and OpenAI
U.S. antitrust enforcers have decided to investigate the roles Microsoft, Nvidia and OpenAI have played in the artificial intelligence boom , according to people familiar with the pending actions.
Jun 6, 2024 2:12 PM
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Calgarians told not to have showers, baths after critical water main break
CALGARY, ALBERTA, CANADA — Residents in Calgary were directed Thursday not to take showers or baths and some were told to boil their water as the city grappled with a major water main break.
Jun 6, 2024 1:47 PM
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Boeing's astronaut capsule arrives at the space station after thruster trouble
CAPE CANAVERAL, Fla. (AP) — Boeing’s new capsule arrived at the International Space Station on Thursday, delayed by last-minute thruster trouble that almost derailed the docking for this first test flight with astronauts .
Jun 6, 2024 1:37 PM
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Can the Taylor Swift effect jolt Toronto's sputtering tourism industry?
Visitors injected billions of dollars into Toronto’s economy last year, a new study finds, but tourists have yet to return to pre-pandemic levels amid signs of slowing growth. Some 26.5 million visitors arrived in 2023 and spent $8.
Jun 6, 2024 1:12 PM
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A new 'Hunger Games' book - and movie - is coming
NEW YORK (AP) — Inspired by an 18th century Scottish philosopher and the modern scourge of misinformation, Suzanne Collins is returning to the ravaged, post-apocalyptic land of Panem for a new “The Hunger Games” novel.
Jun 6, 2024 12:31 PM
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Statistics Canada reports country posted $1B merchandise trade deficit for April
OTTAWA — Canada posted a merchandise trade deficit of $1.0 billion in April, as exports of natural gas and crude oil climbed higher, Statistics Canada said Thursday. The agency said the result comes after a revised deficit of $2.
Jun 6, 2024 12:20 PM
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Commercial real estate trends shifting toward purpose-built rentals: Re/Max report
TORONTO — An analysis of 12 of the largest Canadian commercial real estate markets shows developers have shifted their focus toward purpose-built rental construction, some at the expense of new residential condominiums and commercial buildings.
Jun 6, 2024 11:48 AM
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