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National Business
National Business
Alberta announces future coal mining policy plan, industry consults
EDMONTON — The Alberta government has announced plans to ban new mountaintop removal and open-pit coal developments on the eastern slopes of the Rocky Mountains, but the new rules wouldn't apply to advanced projects like a contentious mine proposed f
Dec 20, 2024 5:21 PM
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S&P/TSX up almost 200 points, U.S. stock markets also rise to end rocky week
TORONTO — Canada's main stock index gained almost 200 points Friday as markets broadly rose to end a rocky trading week, with the main U.S. indexes each gaining more than one per cent. The S&P/TSX composite index closed up 185.
Dec 20, 2024 4:46 PM
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'Definitely busier': Retailers, restaurants see spending boost amid tax holiday
Almost a week into the GST holiday, retailers and restaurant owners appear on track for a sales boost despite some of the struggles they faced implementing the temporary break.
Dec 20, 2024 4:40 PM
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Netflix signs US broadcast deal with FIFA for the Women's World Cup in 2027 and 2031
GENEVA (AP) — Netflix has secured the U.S. broadcasting rights to the Women’s World Cup in 2027 and 2031 as the streaming giant continues its push into live sports.
Dec 20, 2024 4:27 PM
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National Bank gets final approval for Canadian Western Bank takeover
National Bank of Canada's $5-billion takeover of Canadian Western Bank has cleared its final regulatory hurdle.
Dec 20, 2024 4:23 PM
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Stock market today: Wall Street rises to turn a dismal week into just a bad one
NEW YORK (AP) — U.S. stocks rose to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The S&P 500 rallied 1.1% Friday to shave its loss for the week down to 2%.
Dec 20, 2024 4:07 PM
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Canadian carbon removal company scores US$40M grant from fund backed by Bill Gates
A Canadian company that has received a US$40-million grant from Bill Gates' climate solutions venture firm says its Alberta test site will be removing carbon directly from the atmosphere as early as this spring.
Dec 20, 2024 3:53 PM
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CPA Canada split from Ontario, Quebec groups becomes official
The organizations representing chartered professional accountants in Quebec and Ontario are officially split from CPA Canada.
Dec 20, 2024 3:34 PM
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Home affordability improves, but still challenging for many Canadians: RBC report
TORONTO — Home affordability in Canada is improving, according to a new RBC Economics report, but strains remain. The report, released Friday, said home ownership costs in Canada have eased for three consecutive quarters.
Dec 20, 2024 3:21 PM
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VW wage deal for 120,000 German workers avoids layoffs, plant closures
FRANKFURT, Germany (AP) — Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs through 2030.
Dec 20, 2024 2:40 PM
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