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S&P/TSX composite gains almost 150 points, U.S. stock markets also higher

S&P/TSX composite gains almost 150 points, U.S. stock markets also higher

TORONTO — Base metal and battery metal stocks led a broad-based rally on the TSX Thursday, as Canada's main stock index climbed almost 150 points, while U.S. stock markets also moved higher. The S&P/TSX composite index closed up 149.
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Empire promises to crack down on supplier price increase requests as Q2 profit slips

Empire promises to crack down on supplier price increase requests as Q2 profit slips

Empire Co. Ltd. is planning to crack down on what it says are unjustifiable cost increase requests from some of its biggest suppliers.
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Stock market today: Wall Street rises again as the Dow ticks to another record

Stock market today: Wall Street rises again as the Dow ticks to another record

NEW YORK (AP) — Most of Wall Street rose Thursday following its big rally from the day before on excitement that several cuts to interest rates may indeed be coming next year. The S&P 500 gained 0.3% to pull within 1.
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Transat sees bright skies ahead despite rising competition, falling disposable income

Transat sees bright skies ahead despite rising competition, falling disposable income

MONTREAL — The head of Transat AT Inc. said consumers show little sign of travel wariness, but increased competition and customer financial strain have begun to thin out profit margins even as the travel company guns for major growth next year.
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Tim Hortons, Telus and Esso reinstate support for Hockey Canada following scandal

Tim Hortons, Telus and Esso reinstate support for Hockey Canada following scandal

TORONTO — A trio of sponsors are backing Hockey Canada once more, after pulling support for the organization when it was embroiled in scandal last year. Fast food chain Tim Hortons, telecommunications firm Telus Corp.
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Canadian home sales, listings, prices down in November from a month earlier: CREA

Canadian home sales, listings, prices down in November from a month earlier: CREA

TORONTO — Home sales, prices and listings fell in November from a month earlier as many potential buyers and sellers hunkered down to wait for signs of relief on interest rates, the Canadian Real Estate Association said Thursday. Sales fell 0.
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Winnipeg's 100-year-old Nutty Club shuts down due to competition

Winnipeg's 100-year-old Nutty Club shuts down due to competition

Winnipeg's renowned candy company, the Nutty Club, is shutting its doors after more than 100 years of business.
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Statistics Canada reports manufacturing sales down 2.8% in October

Statistics Canada reports manufacturing sales down 2.8% in October

OTTAWA — Statistics Canada says manufacturing sales fell 2.8 per cent to $71 billion, led by a drop in petroleum and coal product sales as well as lower sales in the machinery and computer and electronic product subsectors.
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Depressed or anxious about finances amid inflation and rising rates? You're not alone

Depressed or anxious about finances amid inflation and rising rates? You're not alone

As rent, mortgage payments, grocery bills and the cost of just about everything else rises, more and more Canadians are feeling the weight — not just on their budgets, but also on their mental well-being.
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European Central Bank keeps its key interest rate at a record high. Now, when will it cut?

European Central Bank keeps its key interest rate at a record high. Now, when will it cut?

FRANKFURT, Germany (AP) — The European Central Bank kept its key interest rate at a record high Thursday and said it will keep them there as long as needed to battle back inflation , signaling little as expectations grow that it will start cutting bo
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