Skip to content

National Business

S&P/TSX composite up 100 points Tuesday despite energy weakness, U.S. markets rise

S&P/TSX composite up 100 points Tuesday despite energy weakness, U.S. markets rise

TORONTO — Canada's main stock index was up in late-morning trading, led higher by broad gains across all sectors, while U.S. stock markets were also up.
Ritchie Bros. shareholders approve acquisition of IAA Inc. at special meeting

Ritchie Bros. shareholders approve acquisition of IAA Inc. at special meeting

VANCOUVER — Shareholders of Ritchie Bros. Auctioneers Inc. approved the company’s deal to buy U.S. automotive salvage company IAA Inc. at a meeting Tuesday, the company said in a press release.
Wall Street climbs as some beaten-down bank stocks recover

Wall Street climbs as some beaten-down bank stocks recover

NEW YORK — Stocks closed higher on Wall Street as some of the most breathtaking moves from a manic Monday reversed course. The S&P 500 rose 1.7% Tuesday after a report showed inflation is still high, though no more than expected.
Ohio sues Norfolk Southern over toxic train derailment

Ohio sues Norfolk Southern over toxic train derailment

Ohio filed a lawsuit against railroad Norfolk Southern to make sure it pays for the cleanup and environmental damage caused by a fiery train derailment on the Ohio-Pennsylvania border last month, the state's attorney general said Tuesday.
Cannabis company TerrAscend applies for TSX listing, will carry out internal reorg

Cannabis company TerrAscend applies for TSX listing, will carry out internal reorg

TORONTO — TerrAscend Corp. says it has applied to list its common shares on the Toronto Stock Exchange.
Parents of adults with severe autism say they're 'terrified' for their futures

Parents of adults with severe autism say they're 'terrified' for their futures

Andrew Kavchak's decision to retire was less about taking time for himself, and more about taking care of his 22-year-old son, Steven, who has severe autism.
These companies have laid off Canadian workers in 2023

These companies have laid off Canadian workers in 2023

A wave of layoffs in 2022, which left thousands of Canadian workers jobless, is continuing this year as recession predictions loom and the tech sector downturn deepens.
EPA to limit toxic 'forever chemicals' in drinking water

EPA to limit toxic 'forever chemicals' in drinking water

WASHINGTON (AP) — The Environmental Protection Agency on Tuesday proposed limiting the amount of harmful “forever chemicals” in drinking water to the lowest level that tests can detect, a long-awaited protection the agency said will save thousands of
Freeland meets with bank regulator head, BoC following U.S. bank collapse

Freeland meets with bank regulator head, BoC following U.S. bank collapse

OTTAWA — Finance Minister Chrystia Freeland is assuring that Canada's financial institutions are secure after meeting with the head of Canada's bank regulator and the Bank of Canada.
What’s next? Experts say it’s best to have a plan before you quit your job

What’s next? Experts say it’s best to have a plan before you quit your job

Thinking about quitting your job? You’re not alone. Half of Canadian workers plan to look for a new job within the first six months of 2023, according to a poll by business consulting firm Robert Half.