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National Business
National Business
Canadian, U.S. markets rally after differing labour market reports
TORONTO — Canadian and American markets moved higher on Friday, with the TSX posting a new all-time closing high, even as jobs reports in both countries painted different economic pictures. The S&P/TSX composite index closed up 212.
Apr 5, 2024 4:56 PM
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Stock market today: Wall Street gains ground following surprisingly strong US jobs report
NEW YORK — Stocks posted solid gains on Wall Street as a strong report on employment showed the U.S. economy continues to chug along. The S&P 500 rose 1.1% Friday. The Dow Jones Industrial Average rose 307 points and the Nasdaq composite rose 1.
Apr 5, 2024 4:11 PM
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Alberta irrigators' study proposes $5 billion in water storage for drier future
Alberta's irrigation district managers are proposing a $5-billion plan for water storage and conservation in the province's south as the region faces increasingly tight supplies of the vital resource.
Apr 5, 2024 3:22 PM
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Expectations of a June interest rate cut solidify as cracks widen in labour market
OTTAWA — Canada’s unemployment rate jumped to 6.1 per cent in March as more people looked for work and job growth stalled — solidifying expectations of a June interest rate cut.
Apr 5, 2024 2:50 PM
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Latest milestones move Cedar LNG closer to getting a green light
CALGARY — The proposed US$3.4-billion Cedar LNG facility is looking more likely to become a reality in the wake of recent positive statements by the project partners. RBC Capital Markets said Friday it expects Pembina Pipeline Corp.
Apr 5, 2024 1:21 PM
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'Plan for the worst': Eclipse viewings expected to put pressure on cellphone networks
With Monday's solar eclipse expected to draw tens of thousands to regions along the path of totality in Eastern Canada, major cellphone and internet providers say they're ready to handle a surge in wireless traffic in those areas.
Apr 5, 2024 1:18 PM
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Another month of robust US job growth points to continued economic strength
WASHINGTON (AP) — America’s employers delivered another outpouring of jobs in March, adding a sizzling 303,000 workers to their payrolls and bolstering hopes that the economy can vanquish inflation without succumbing to a recession in the face of hig
Apr 5, 2024 11:34 AM
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Here's a quick glance at unemployment rates for March, by Canadian city
OTTAWA — The national unemployment rate was 6.1 per cent in March. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Apr 5, 2024 9:09 AM
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Here's a quick glance at unemployment rates for March, by province
OTTAWA — Canada's national unemployment rate was 6.1 per cent in March. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.1 per cent (10.2) _ Prince Edward Island 7.
Apr 5, 2024 9:08 AM
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National employment numbers for March from Statistics Canada, at a glance
OTTAWA — A quick look at Canada's March employment (numbers from the previous month in brackets): Unemployment rate: 6.1 per cent (5.8) Employment rate: 61.4 per cent (61.5) Participation rate: 65.3 per cent (65.
Apr 5, 2024 9:08 AM
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