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St. Lawrence Seaway workers issue strike notice, could walk as of midnight Saturday

St. Lawrence Seaway workers issue strike notice, could walk as of midnight Saturday

MONTREAL — Unifor says workers at the St. Lawrence Seaway Corp. are ready to strike as of midnight Saturday. It says it has issued a 72-hour strike notice to the employer and will bargain through Thursday in an attempt to reach a deal.
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Canadian, U.S. markets fall amid ongoing rate uncertainty, mixed U.S. earnings

Canadian, U.S. markets fall amid ongoing rate uncertainty, mixed U.S. earnings

TORONTO — Canada's main stock index lost more than one per cent Wednesday amid broad-based losses led by industrials, utilities and base metals, while U.S. markets also fell. The S&P/TSX composite index closed down 242.10 points at 19,450.70.
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Air Canada stock slides to one-year low despite frothy summer profits

Air Canada stock slides to one-year low despite frothy summer profits

MONTREAL — Air Canada's share price hit a one-year low on Wednesday as the airline navigates higher fuel costs, competition and interest rates. The company's stock slipped 3.49 per cent to close at $17.13, marking its lowest price since Oct.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,450.70, down 242.10 points): TC Energy Corp. (TSX:TRP). Energy. Down 48 cents, or 1.00 per cent, to $47.41 on 8.8 million shares.
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Stock market today: Wall Street drops following profit reports, and oil prices jump on war worries

Stock market today: Wall Street drops following profit reports, and oil prices jump on war worries

NEW YORK (AP) — Wall Street dropped after big U.S. companies delivered a mixed set of profit reports and rising Treasury yields tightened the vise further on the stock market. Worries about war in the Middle East also dragged on the market Wednesday.
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Scotiabank cutting 3% of global workforce, will take $590M Q4 charge after tax

Scotiabank cutting 3% of global workforce, will take $590M Q4 charge after tax

TORONTO — Scotiabank said Wednesday that it is cutting about three per cent of its global workforce, becoming the latest Canadian bank to trim staff amid continued economic uncertainty.
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Air Miles announces hotel and vacation rental partnership with Expedia

Air Miles announces hotel and vacation rental partnership with Expedia

TORONTO — Loyalty program operator Air Miles has announced a partnership for hotels and vacation rentals with Expedia Group Inc. as part of its of newly launched travel booking platform. The U.S.
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Musk's X tests $1 fee for new users in the Philippines and New Zealand in bid to target spam

Musk's X tests $1 fee for new users in the Philippines and New Zealand in bid to target spam

LONDON (AP) — Elon Musk's social media platform X has begun charging a $1 fee to new users in the Philippines and New Zealand, in a test designed to cut down on the spam and fake accounts flourishing on the site formerly known as Twitter.
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MNP consumer debt index improves, but consumer outlook worsens

MNP consumer debt index improves, but consumer outlook worsens

CALGARY — A report by insolvency firm MNP Ltd. says its consumer debt index improved slightly in its latest quarter as Canadians felt marginally better about their ability to pay their debts.
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National Business Book Award finalists include top Bay Street names, ex-BoC governor

National Business Book Award finalists include top Bay Street names, ex-BoC governor

TORONTO — The former governor of the Bank of Canada and several top Bay Street names are among the three finalists for the National Business Book Award 2023.
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