National Business

PROCTER, B.C. — A sense of panic is growing in tiny southeast British Columbia communities around Kootenay Lake over fears they will be cut off from their neighbours and jobs by an escalating ferry service labour dispute, says a local businesswoman.

Canada's main stock index suffered a broad-based pullback on the final Monday of 2024, while U.S. markets also fell. The S&P/TSX composite index was down 175.81 points at 24,620.59. In New York, the Dow Jones industrial average was down 418.

PRINCE GEORGE, B.C. — Telecom giant Rogers Communications says it has activated five new cellular towers along British Columbia’s Highway of Tears, marking the "substantial completion" of efforts to improve access to 911 services on the route.

Stocks fell on Wall Street as a strong year for the market looks set to end on a sour note. The S&P 500 closed 1.1% lower Monday.

HALIFAX — The plan that caught fire upon landing at Halifax's airport over the weekend has been removed, and the runway has reopened. A spokesperson with the Halifax Stanfield International Airport says the runaway reopened at 10:15 a.m.

TORONTO — CIBC says paying down debt is the top financial priority for Canadians heading into 2025.

As the calendar flipped one year ago, Canadian real estate watchers were optimistic a sluggish 2023 would give way to a rebound, with hopes of renewed demand as soon as the spring.

HALIFAX — The Transportation Safety Board of Canada is investigating an incident involving a plane at the Halifax Stanfield International Airport, which one passenger described as a rough landing that sparked flames.

TORONTO — The big questions in Canadian finance heading into 2024 were whether the economy could avoid a recession and what would happen with interest rates.

HALIFAX — An aircraft incident at the Halifax Stanfield International Airport caused temporary delays to all flight operations Saturday night. Airport spokesperson Tiffany Chase says at approximately 9:30 p.m.