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Scotiabank reports Q4 profit up despite continued loan pressure

Scotiabank reports Q4 profit up despite continued loan pressure

TORONTO — Scotiabank says it expects to see continued loan growth pressure and political uncertainty in the months ahead as it reported profits that were up from a year ago but below analyst expectations.
Stock market today: Wall Street drifts to a mixed close even as S&P 500 ekes out another record

Stock market today: Wall Street drifts to a mixed close even as S&P 500 ekes out another record

NEW YORK (AP) — U.S. stocks drifted to a mixed close, as gains for tech stocks nudged the S&P 500 and the Nasdaq to more records. The S&P 500 eked out a gain of under 0.1% Tuesday, while the Nasdaq composite rose 0.4%.
Auditor general slams Ontario Place redevelopment process as unfair, subjective

Auditor general slams Ontario Place redevelopment process as unfair, subjective

TORONTO — A European company developing a spa and waterpark at Ontario Place got special access to provincial executives during a submission process that was not fair or transparent, Ontario's auditor general said Tuesday in her annual report.
US job openings rose last month, though hiring slowed, in mixed picture for labor market

US job openings rose last month, though hiring slowed, in mixed picture for labor market

WASHINGTON (AP) — The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled. Openings rose 5% to 7.7 million from 7.
Ontario spent highest-ever amount on government ads, auditor says

Ontario spent highest-ever amount on government ads, auditor says

TORONTO — Ontario Premier Doug Ford's government spent three times the amount of money on government advertising in the last fiscal year as it did the year before – the highest amount ever – and most campaigns were more partisan than informational, t
Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs

Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs

HARRISBURG, Pa. (AP) — President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp.
US job openings rose last month, though hiring slowed, in mixed picture for labor market

US job openings rose last month, though hiring slowed, in mixed picture for labor market

WASHINGTON (AP) — The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled. Openings rose 5% to 7.7 million from 7.
Investissement Québec invests US$25M in maker of Sheertex rip-resistant tights

Investissement Québec invests US$25M in maker of Sheertex rip-resistant tights

MONTREAL — Investissement Québec is investing US$25 million in the company that makes Sheertex tights. SRTX, the holding company of Sheertex Inc., says Investissement Québec is the lead participant in its current fundraising round.
Vancouver home sales jump in November as more new listings keep prices steady: board

Vancouver home sales jump in November as more new listings keep prices steady: board

VANCOUVER — Greater Vancouver Realtors say the number of homes that changed hands in the region increased 28.1 per cent on a year-over-year basis in November, as buyers continued to take advantage of a relatively balanced market.
Bank fees eating away at your savings? How to avoid the most common ones

Bank fees eating away at your savings? How to avoid the most common ones

You probably know when your paycheque gets deposited and roughly how much your monthly cellphone bill costs, but it might be harder to answer a fundamental question about your bank account: how much are you paying in fees? Just about every bank offer