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Credit Suisse investors slam failures as chairman apologizes
ZURICH (AP) — Credit Suisse shareholders on Tuesday upbraided the Swiss bank's leaders for years of mismanagement, scandal and obfuscation that sent its stock price into the gutter, while executives apologized and insisted that the only way forward f
Apr 4, 2023 12:55 PM
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Auto sales rise 3.7 per cent in March from a year earlier
TORONTO — DesRosiers Automotive Consultants Inc. says auto sales rose 3.7 per cent in March from a year earlier for a fifth month in a row of gains.
Apr 4, 2023 12:19 PM
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Feb job openings slip to 9.9M; a win in inflation fight?
WASHINGTON (AP) — U.S. job openings slipped to 9.9 million in February, fewest since May 2021 and a sign that the job market may be starting to cool, which would be welcome news for the inflation fighters at the Federal Reserve.
Apr 4, 2023 10:42 AM
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Bank of Canada deputy governor Paul Beaudry to leave post, return to academia at UBC
OTTAWA — The Bank of Canada says deputy governor Paul Beaudry will be leaving his position at the central bank at the end of July. According to a news release, Beaudry will return to his academic position at the University of British Columbia.
Apr 4, 2023 10:27 AM
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Vancouver's March home sales down 42.5% from a year ago: B.C. board
VANCOUVER — The Real Estate Board of Greater Vancouver says home sales fell 42.5 per cent in March from a year ago and were 28.4 per cent below the 10-year seasonal average.
Apr 4, 2023 10:21 AM
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Lacking financial literacy, young people are taking it into their own hands
In 2020, Jonathan Atwin and his partner jumped on the personal finance wagon, teaching themselves all about money and how to manage it better. “At the time, we were carrying some debt, so we wanted to try to tackle that,” said Atwin.
Apr 4, 2023 10:04 AM
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Canada's national office vacancy rate hit an all-time high in Q1: CBRE
TORONTO — CBRE says Canada’s national office vacancy rate hit an all-time high in the first quarter of the year. The real estate firm says the country's overall office vacancy rate amounted to 17.7 per cent, while downtown office vacancies sat at 18.
Apr 4, 2023 9:43 AM
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Canada Life buying Investment Planning Counsel business from IGM Financial
WINNIPEG — The Canada Life Assurance Co. has signed a deal to acquire wealth management firm Investment Planning Counsel Inc. from IGM Financial Inc. for $575 million.
Apr 4, 2023 8:19 AM
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Alaska oil plan opponents lose 1st fight over Willow project
JUNEAU, Alaska (AP) — Environmentalists lost the first round of their legal battle over a major oil project on Alaska’s petroleum-rich North Slope on Monday as a judge rejected their requests to halt immediate construction work related to the Willow
Apr 3, 2023 9:37 PM
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Syncrude Canada faces five charges in death of worker at oilsands project in 2021
FORT MCKAY, ALBERTA — Oilsands giant Syncrude Canada Ltd. has been charged in the death of a worker north of Fort McMurray, Alta.
Apr 3, 2023 6:57 PM
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