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National Business
National Business
Bank regulator outlines expanded risk guidelines to include integrity, security
TORONTO — Canada's banking regulator has released draft guidelines on how it expects to oversee the integrity and security of financial institutions, including foreign interference risk.
Oct 13, 2023 2:40 PM
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Canadian Real Estate Association cuts forecast for home sales and prices this year
The Canadian Real Estate Association has lowered its forecast for home sales and prices this year due to weakness in Ontario and B.C.
Oct 13, 2023 1:21 PM
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Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fights
NEW YORK — Microsoft completed its purchase of video game-maker Activision Blizzard for $69 billion on Friday, closing one of the most expensive tech acquisitions in history that could have repercussions across the video game industry.
Oct 13, 2023 12:22 PM
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JPMorgan profit jumps 35%, but CEO says geopolitics and gov't inaction have led to 'dangerous time'
NEW YORK (AP) — JPMorgan Chase's third-quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bank's CEO, Jamie Dimon, issued a sobering statement about the current state of world affairs and economic instability.
Oct 13, 2023 11:38 AM
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Macklem says BoC will have to decide whether to be patient or to raise rates further
OTTAWA — Bank of Canada Governor Tiff Macklem says the central bank will be deciding whether to exert patience at its next rate meeting or hike rates further.
Oct 13, 2023 11:27 AM
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Canada's average annual rent inflation rate reaches nine-month high: Rentals.ca study
A new report by Rentals.ca and Urbanation says the average asking price for a rental unit in Canada reached $2,149 last month, marking an 11.1 per cent jump from the same period a year ago. The data, which analyzes monthly listings from the Rentals.
Oct 13, 2023 11:21 AM
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From high flying to burnout, pot industry faces downturn five years post-legalization
When Abi Roach thinks about the 20 years she spent fighting for Canada to legalize cannabis, she says pot legislation is like a clenched fist.
Oct 13, 2023 10:17 AM
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Air Canada halts flights to Israel until end of October
MONTREAL — Air Canada says it's cancelling all direct flights to and from Tel Aviv through the end of the month. The suspension, which extends one in place since Oct.
Oct 13, 2023 10:17 AM
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Kaiser Permanente reaches a tentative deal with health care worker unions after a recent strike
Unions representing 75,000 health care workers who recently held a strike against industry giant Kaiser Permanente over wages and staffing shortages have reached a tentative agreement with the company.
Oct 13, 2023 10:06 AM
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Small-cap companies not ready for climate disclosure rules: TMX Group CEO
CALGARY — Most of Canada's small and mid-sized publicly traded companies are not at all prepared for potentially forthcoming new requirements that could force them to disclose their climate impacts, the CEO of the company that operates the Toronto St
Oct 12, 2023 6:33 PM
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