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National Business
National Business
Unifor says it's facing resistance as GM contract deadline nears
TORONTO — Unifor says it is still facing resistance from General Motors as an Oct. 9 deadline approaches for contract negotiations, while signs of dissent also rise within the union itself as bargaining with the three major automakers continues.
Oct 6, 2023 4:00 AM
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B.C. and Ottawa applaud NAFTA decision on U.S. softwood lumber duties
OTTAWA — Officials in Ottawa and British Columbia have welcomed a ruling under the North American Free Trade Agreement, saying it found elements of the United States' calculation of softwood lumber duties are inconsistent with that country's own law.
Oct 5, 2023 9:56 PM
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Russian strike on cafe kills 51, Ukrainian officials say, as Zelenskyy seeks more Western support
HROZA, Ukraine (AP) — A Russian rocket blast turned a village cafe and store in eastern Ukraine into rubble Thursday, killing at least 51 civilians in one of the deadliest attacks in the war in months, according to President Volodymyr Zelenskyy and o
Oct 5, 2023 6:17 PM
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Utility, telecom stocks help lift S&P/TSX composite, U.S. stock markets in the red
TORONTO — Strength in utility and telecom stocks helped lift Canada's main stock index higher on Thursday, while U.S. stock markets moved lower. The S&P/TSX composite index closed up 103.00 points at 19,137.81.
Oct 5, 2023 5:08 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,137.81, up 103.00 points): TC Energy Corp. (TSX:TRP). Energy. Up 66 cents, or 1.46 per cent, to $45.89 on 9.6 million shares.
Oct 5, 2023 4:58 PM
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Nova Scotia to address housing shortage by boosting tax for short-term rentals
HALIFAX — The Nova Scotia government’s plan to increase the annual registration tax for short-term rentals, such as apartments and Airbnbs, is being panned by the province’s opposition parties as inconsequential.
Oct 5, 2023 4:46 PM
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Former Rogers CEO responds to countersuit, alleges 'campaign of dishonesty'
TORONTO — The former chief executive of Rogers Communications Inc. has fired back at the company, alleging Rogers is carrying out "a campaign of dishonesty" surrounding his ouster in November 2021 by fabricating claims in its defence to his lawsuit.
Oct 5, 2023 4:42 PM
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IMF chief says the global economy has shown resilience in the face of COVID, war and high rates
WASHINGTON (AP) — The global economy has shown “remarkable resilience’’ but still bears deep scars from the coronavirus pandemic, the war in Ukraine and rising interest rates , the head of the International Monetary Fund said Thursday.
Oct 5, 2023 2:29 PM
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Exchange Income Corp. buys DryAir Manufacturing for $60 million in cash and shares
WINNIPEG — Exchange Income Corp. says it has acquired DryAir Manufacturing Corp. for $60 million in cash and shares. Under the deal, EIC paid $15 million in shares and $45 million in cash.
Oct 5, 2023 1:25 PM
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Self-employment pulls back as younger Canadians shy away from entrepreneurship: RBC
TORONTO — Younger Canadians don't want to be their own bosses, intensifying the slowdown in entrepreneurship in Canada, according to a new RBC report.
Oct 5, 2023 12:20 PM
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