Skip to content

National Business

Ontario judge upholds Red Lobster's U.S. bankruptcy case in Canada

Ontario judge upholds Red Lobster's U.S. bankruptcy case in Canada

TORONTO — An Ontario judge issued an order Tuesday that recognizes and enforces Red Lobster’s U.S. bankruptcy protection proceedings in Canada.
Read more >
CBC News' Adrienne Arsenault among Canadian Screen Awards winners at industry gala

CBC News' Adrienne Arsenault among Canadian Screen Awards winners at industry gala

TORONTO — CBC News anchor Adrienne Arsenault and reporter Jorge Barrera of "The National" took home two of the top news prizes at the first of several industry galas for the Canadian Screen Awards.
Read more >
B.C. miners serve strike notice at Gibraltar copper pit in central Interior

B.C. miners serve strike notice at Gibraltar copper pit in central Interior

WILLIAMS LAKE, B.C. — A union representing 550 workers at a mine in British Columbia's central Interior says they're prepared to go on strike if a new contract is not reached by the end of Friday.
Read more >
Proxy battle cost Gildan US$65M, as investors re-elect Chamandy, new slate to board

Proxy battle cost Gildan US$65M, as investors re-elect Chamandy, new slate to board

MONTREAL — The bitter battle over who would run Gildan Activewear Inc. cost the company at least US$65 million, according to its newly returned CEO, as the apparel maker looks to turn a corner after a turbulent six months.
Read more >
Fitch downgrades TD Bank outlook to negative on anti-money laundering issues

Fitch downgrades TD Bank outlook to negative on anti-money laundering issues

TORONTO — Fitch Ratings Inc. says it has downgraded its outlook on TD Bank Group to negative from stable because of the potential fallout from anti-money laundering deficiencies at the bank.
Read more >
Key Manitoba pipeline partially fixed as repairs continue, province says

Key Manitoba pipeline partially fixed as repairs continue, province says

WINNIPEG — Fuel is flowing for the first time in more than two months through a pipeline that supplies gasoline, diesel and aviation fuel to the Winnipeg region.
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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (22,265.05, down 108.33 points): Suncor Energy Inc. (TSX:SU). Energy. Up 26 cents, or 0.47 per cent, to $55.54 on 12.1 million shares.
Read more >
S&P/TSX composite down more than 100 points, U.S. stock markets mixed

S&P/TSX composite down more than 100 points, U.S. stock markets mixed

TORONTO — Losses in industrial, utility and financial stocks weighed on the Toronto stock market as Canada's main stock index fell more than 100 points Tuesday, while U.S. stock markets were mixed. The S&P/TSX composite index closed down 108.
Read more >
Stock market today: Most of Wall Street slips in quiet trading after returning from a 3-day weekend

Stock market today: Most of Wall Street slips in quiet trading after returning from a 3-day weekend

NEW YORK (AP) — Most U.S. stocks fell as a tick higher in bond yields tightened the screws a bit on Wall Street following a three-day weekend. The S&P 500 closed little changed Tuesday and is sitting just below its record set a week ago.
Read more >
Scotiabank profits slip as auto loans and variable mortgages weigh

Scotiabank profits slip as auto loans and variable mortgages weigh

TORONTO — Rising strain in auto loans and mortgages led Scotiabank to set aside more money in the second quarter, leading to a drop in profits and analyst concern about its growth prospects. The bank said Tuesday its net income fell to $2.
Read more >