Skip to content

National Business

Winnipeg's Portage Place to soon 'breathe again' as purchase poised to close

Winnipeg's Portage Place to soon 'breathe again' as purchase poised to close

WINNIPEG — A real estate developer says it's poised to close its purchase of a struggling downtown Winnipeg shopping centre and turn it into affordable housing, health-care services and gathering spaces.
Port of Montreal dockworkers threaten three-day strike beginning Monday

Port of Montreal dockworkers threaten three-day strike beginning Monday

MONTREAL — The union representing longshore workers at the Port of Montreal said Friday that work at two terminals could come to a standstill next week as the union served a 72-hour strike notice. Dockworkers could walk off the job as of 7 a.m.
Toyota Motors, Mazda issue recalls for Canadian vehicles

Toyota Motors, Mazda issue recalls for Canadian vehicles

TORONTO — More than 12,000 vehicles in Canada are included in two separate recalls by Toyota Motor Corp. and Mazda. Toyota is recalling 5,585 Toyota Corolla Cross Hybrids due to a braking issue that could increase the risk of crashing.
Titan implosion hearing paints a picture of reckless greed and explorer passion

Titan implosion hearing paints a picture of reckless greed and explorer passion

A Coast Guard official testified Friday that he was surprised to learn at the hearing that the crew of the Polar Prince support vessel, in hindsight, felt a slight shudder around the time the Titan submersible imploded on its way to the wreckage of t
Suncor Energy pleads guilty to charges for 2019 injury on oil vessel off Newfoundland

Suncor Energy pleads guilty to charges for 2019 injury on oil vessel off Newfoundland

ST. JOHN'S, N.L. — Suncor Energy has been fined $90,000 after pleading guilty to two charges stemming from a worker injury in 2019 aboard its production vessel in an oilfield off the coast of Newfoundland.
Fed's favored inflation gauge shows cooling price pressures, clearing way for more rate cuts

Fed's favored inflation gauge shows cooling price pressures, clearing way for more rate cuts

WASHINGTON (AP) — The Federal Reserve's preferred inflation measure on Friday provided the latest sign that price pressures are easing , a trend that is expected to fuel further Fed interest rate cuts this year and next. Prices rose just 0.
Fed's favored inflation gauge shows cooling price pressures, clearing way for more rate cuts

Fed's favored inflation gauge shows cooling price pressures, clearing way for more rate cuts

WASHINGTON (AP) — The Federal Reserve's preferred inflation measure on Friday provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts this year and next. Prices rose just 0.
One year later, AI code signatories happy with decision but want more company

One year later, AI code signatories happy with decision but want more company

TORONTO — One year after Canada launched a voluntary code of conduct on artificial intelligence, tech organizations that signed on say they don't regret the decision but wouldn't mind some more company.
U.S. Inflation Reduction Act causing brain drain of Canadian talent: CEOs

U.S. Inflation Reduction Act causing brain drain of Canadian talent: CEOs

BANFF, ALTA. — Some Canadian CEOs say the hundreds of billions of dollars the United States is offering in subsidies for the energy transition is causing a worrisome brain drain of some of this country's top talent.
BlackBerry says progress made in lowering costs as it reports slimmer Q2 loss

BlackBerry says progress made in lowering costs as it reports slimmer Q2 loss

BlackBerry Ltd. executives said the company has made good progress in its efforts to cut costs as it reported a slimmer loss in its latest quarter than the prior year.