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S&P/TSX composite ticks lower as telecom and utility stocks pull back, U.S. stocks up
TORONTO — Canada's main stock index ticked lower Monday, weighed down by losses in telecom and utility stocks, while U.S. stock markets rose. It was a generally quiet day on the markets as investors gear up for a big Wednesday that will see U.S.
Jul 10, 2023 4:49 PM
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Bombardier patrol planes would sport price tag 'competitive' with Boeing bid
MONTREAL — The patrol planes Bombardier Inc. hopes could replace aging Canadian military aircraft will have a price "competitive" with that of jets from rival Boeing Inc., the Montreal-based company says.
Jul 10, 2023 4:23 PM
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Stock market today: Wall Street edges higher ahead of updates on inflation, profits
NEW YORK (AP) — Stocks drifted higher on Wall Street ahead of a week with updates on where inflation and corporate profits are heading. The S&P 500 rose 0.2% Monday, coming off just its second losing week in the last eight. The Dow added 0.
Jul 10, 2023 4:10 PM
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Governments need to remove interprovincial trade barriers: CFIB
TORONTO — Provincial and territorial governments need to remove internal trade barriers on labour, services and products like alcohol and meat, the Canadian Federation of Independent Business says.
Jul 10, 2023 2:14 PM
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Ferry between P.E.I., N.S. to resume after vessel pulled during peak tourism season
CHARLOTTETOWN — The company operating the ferry between Prince Edward Island and Nova Scotia says service is set to resume today after the vessel was pulled from the water twice since mid-June.
Jul 10, 2023 1:22 PM
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Transat AT signs deal to sell property in Mexico to Finest Resorts for US$38 million
MONTREAL — Transat AT Inc. says it has sold a piece of land in Mexico to resort company Finest Resorts for US$38 million.
Jul 10, 2023 12:47 PM
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Debt, savings worries up as higher interest rates and costs take a toll: surveys
CALGARY — More than half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month, a report by insolvency firm MNP Ltd.
Jul 10, 2023 11:21 AM
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Dye & Durham signs deal to sell TM Group business to Aurelius
TORONTO — Dye & Durham Ltd. has signed a deal to sell its TM Group business to Aurelius in an agreement worth up to 91 million pounds after a British competition regulator took issue with its acquisition of the business in 2021.
Jul 10, 2023 11:10 AM
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West Fraser Timber selling pulp mill in Hinton, Alta., to Mondi Group
VANCOUVER — West Fraser Timber Co. Ltd. has signed a deal to sell its unbleached softwood kraft pulp mill in Hinton, Alta., to Mondi Group, an integrated packaging and paper company.
Jul 10, 2023 9:02 AM
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As Canadian cities make pandemic patios permanent, experts call for clear standards
At the height of social distancing and other restrictions related to the COVID-19 pandemic, many Canadian cities rolled out temporary patio policies, loosening rules and waiving fees for bars and restaurants looking to seat more customers outdoors.
Jul 9, 2023 2:00 PM
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