Skip to content

National Business

Rents fell in Toronto this summer as condo listings surged nearly 114 per cent

Rents fell in Toronto this summer as condo listings surged nearly 114 per cent

TORONTO — Rental listings more than doubled in the third quarter, as investors pulled their condos from platforms such as Airbnb and put them onto the traditional rental market instead, according to the Toronto Regional Real Estate Board.
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 Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,304.08, up 24.72 points.) Royal Bank of Canada. (TSX:RY). Financials. Down $1.06, or 1.09 per cent, to $96.29 on 12.9 million shares.
Read more >
North American stock markets end another flat week ahead of U.S. election

North American stock markets end another flat week ahead of U.S. election

TORONTO — North American stock markets ended a second flat week of trading Friday as investors held back ahead of the upcoming U.S. presidential election. The S&P/TSX composite index closed up 24.72 points to 16,304.08.
Read more >
Markets concerns about contested U.S. election fading with Biden lead in polls

Markets concerns about contested U.S. election fading with Biden lead in polls

TORONTO — Stock market investors are breathing a little easier despite potentially facing higher taxes as the possibility of a contested U.S. presidential election appears to be fading, say investment experts.
Read more >
Ontario promises action to address rising insurance rates as critics urge regulation

Ontario promises action to address rising insurance rates as critics urge regulation

TORONTO — Under pressure to address rising commercial insurance rates blamed on the pandemic, Premier Doug Ford promised this week to take action to stop what he called "gouging" by some companies in the sector.
Read more >
Trends that drove lumber prices to record highs will continue, Canfor CEO predicts

Trends that drove lumber prices to record highs will continue, Canfor CEO predicts

The work-from-home trend that drove lumber prices to record levels and helped producer Canfor Corp. realize record high revenues in the third quarter is expected to continue to provide benefits going forward, CEO Don Kayne says.
Read more >
Canadian companies that have filed for creditor protection since COVID-19 pandemic

Canadian companies that have filed for creditor protection since COVID-19 pandemic

TORONTO — A list of some of the companies that have taken steps under the Companies' Creditors Arrangement Act or Bankruptcy and Insolvency Act since the beginning of the pandemic: Oct. 23: Le Chateau Inc. (apparel retailer) Sept.
Read more >
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Cogeco earnings Cogeco Inc. and Cogeco Communications release Q4 results after markets close on Tuesday.
Read more >
Veggie burgers are still burgers, at least in Europe

Veggie burgers are still burgers, at least in Europe

BRUSSELS — It’s a meaty issue but the EU has taken a stance: veggie burgers are in fact burgers.
Read more >
Trial of Russian in alleged bitcoin fraud to wrap in Paris

Trial of Russian in alleged bitcoin fraud to wrap in Paris

PARIS — French prosecutors requested on Friday a 10-year jail term and a fine of 750,000 euros ($888,634) against Alexander Vinnik, who is accused of being behind a 135 million-euro ($160 million) fraud campaign that used ransomware and the cryptocur
Read more >