Skip to content

National Business

S&P/TSX suffers triple-digit losses; loonie also slides while U.S. markets rise

S&P/TSX suffers triple-digit losses; loonie also slides while U.S. markets rise

TORONTO — Canada's main stock index slumped again on Thursday, dragged lower by losses in sectors like industrials and real estate, while U.S. markets rose a day after one of their worst declines of the year.
Read more >
Nova Scotia against proposal to reallocate commercial elver quota

Nova Scotia against proposal to reallocate commercial elver quota

HALIFAX — The Nova Scotia government wants Ottawa to reconsider a proposed pilot project that would redistribute the quota for commercial licence holders in the lucrative — and sometimes violent — fishery for baby eels.
Read more >
Stock market today: Wall Street ends little changed after giving up a big morning gain

Stock market today: Wall Street ends little changed after giving up a big morning gain

NEW YORK (AP) — An early rebound for U.S. stocks petered out by the end of the day, leaving indexes close to flat. The S&P 500 edged down by 0.
Read more >
TV seasons are getting shorter. Canadians who rely on the industry are nervous.

TV seasons are getting shorter. Canadians who rely on the industry are nervous.

It doesn't take long to binge Prime Video's new Quebec-set series “The Sticky." With just six half-hour episodes, the buzzy dark comedy about a maple syrup heist is among the shorter TV seasons on offer.
Read more >
U.S. tariffs potentially devastating for Canadian businesses: CME poll

U.S. tariffs potentially devastating for Canadian businesses: CME poll

OTTAWA — The tariffs threatened by U.S. president-elect Donald Trump could be potentially devastating for Canadian businesses and workers, said a new survey by lobby group Canadian Manufacturers and Exporters.
Read more >
Manitoba auditor general calls for better cybersecurity, financial reporting

Manitoba auditor general calls for better cybersecurity, financial reporting

WINNIPEG — Manitoba's auditor general is calling for better cybersecurity at the province's main health-care planning body, and better financial reporting from the provincial government.
Read more >
Tariff threats cast a shadow over US reliance on Canada for the majority of its oil imports

Tariff threats cast a shadow over US reliance on Canada for the majority of its oil imports

NEW YORK (AP) — The U.S. increasingly relies on Canadian crude oil to meet domestic demand and that relationship faces potential strain amid the threat of tariffs from President-elect Donald Trump. More than 50% of crude oil imported to the U.S.
Read more >
US home sales rose in November to fastest pace since March as growing supply encouraged homebuyers

US home sales rose in November to fastest pace since March as growing supply encouraged homebuyers

Sales of previously occupied U.S. homes rose in November to their fastest pace since March as home shoppers were encouraged by a wider selection of properties on the market, despite rising mortgage rates. Existing home sales rose 4.
Read more >
'Hidden gems': Estate sales can be lucrative, but also a lesson in how to say goodbye

'Hidden gems': Estate sales can be lucrative, but also a lesson in how to say goodbye

Maureen Frost was guiding a client through an estate sale in Richmond, B.C., a few years ago when she came across a pair of dishes. “We had two small, what looked like soy sauce bowls,” recalled the founder of West Coast Downsizing Solution.
Read more >
US applications for unemployment benefits come back down after last week's big rise

US applications for unemployment benefits come back down after last week's big rise

The number of Americans applying for unemployment benefits fell markedly last week following a big increase the week before. Jobless claim applications declined by 22,000 to 220,000 for the week of Dec. 14, the Labor Department reported Thursday.
Read more >