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National Business
National Business
CN Rail lowers 2024 earnings forecast due to strike uncertainty
Canadian National Railway Co. lowered its forecast for earnings growth Tuesday as it faces the threat of a worker strike. The Montreal-based railway, which earned $1.
Jul 23, 2024 6:48 PM
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Tesla's 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans
DETROIT (AP) — Tesla's second-quarter net income fell 45% compared with a year ago as the company's global electric vehicle sales tumbled despite price cuts and low-interest financing. The Austin, Texas, company said Tuesday that it made $1.
Jul 23, 2024 5:20 PM
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S&P/TSX composite index dragged lower Tuesday by energy, U.S. markets also down
TORONTO — Losses in the energy sector led Canada's main stock index lower on Tuesday, while U.S. stock markets were also down.
Jul 23, 2024 4:54 PM
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Stock market today: A torrent of profit reports leaves Wall Street mixed as small stocks keep rising
NEW YORK (AP) — U.S. stocks held steady in a calm day on Wall Street, as earnings reporting season ramped up for big companies. The S&P 500 fell 0.2% Tuesday. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite edged down 0.
Jul 23, 2024 4:08 PM
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Long-promised Nova Scotia Loyal program to offer rewards for buying local
HALIFAX — The Nova Scotia government announced Tuesday that its promised program to encourage people to buy local will award points only at Sobeys Inc. grocery stores and the provincial liquor corporation.
Jul 23, 2024 3:42 PM
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B.C., Ottawa ink $426M deals to support care assistants, drugs for rare diseases
VANCOUVER — Ottawa is providing $426 million to support heath care in British Columbia.
Jul 23, 2024 2:52 PM
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'Complete panic': How to spot red flags in moving scams
Jenny Wilcockson missed the first red flag — the estimated price for her movers came in much lower than quotes from other companies. Planning a complicated move from Hamilton, Ont., to Yarmouth, N.S.
Jul 23, 2024 12:59 PM
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Securities fines and clawbacks jumped in past year: CSA
CALGARY — The Canadian Securities Administrators say fines and restitutions jumped in the last year compared with a year earlier. In its year in review, the umbrella group for provincial securities regulators says they imposed $27.
Jul 23, 2024 12:55 PM
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Freedom Mobile launches service in 50 Alberta and B.C. areas as expansion continues
TORONTO — Freedom Mobile is launching in 50 cities across B.C. and Alberta as part of its parent company's aggressive expansion since acquiring the carrier last year. Quebecor Inc.
Jul 23, 2024 11:47 AM
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Legal tech firm Clio smashes Canadian software financing record with US$900M raise
BURNABY, B.C. — Clio has raised a US$900-million round of funding that the legal tech firm says is the largest software raise in Canadian tech history. The Burnaby, B.C.-based company says the Series F investment is based on a US$3 billion valuation.
Jul 23, 2024 10:50 AM
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