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National Business
National Business
Ontario's corner stores begin selling alcohol as rules loosen
TORONTO — Convenience stores across Ontario started selling booze on Thursday as the province significantly loosened its grip on the alcohol marketplace.
Sep 5, 2024 1:25 PM
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Teen vaping hits 10-year low in US
WASHINGTON (AP) — Fewer adolescents are vaping this year than at any point in the last decade, government officials reported Thursday, pointing to a shrinking number of high school students who are using Elf Bar and other fruity, unauthorized e-cigar
Sep 5, 2024 1:04 PM
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Toronto-area home sales decline in August, but rate cut could spur activity: board
TORONTO — The Toronto Regional Real Estate Board says home sales in August fell from last year as average home prices edged lower. The board said there were 4,975 homes sold in August in the Greater Toronto Area, a 5.
Sep 5, 2024 12:59 PM
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Private equity firm Birch Hill signs deal to buy Rexall Pharmacy and Well.ca
TORONTO — Drugstore chain Rexall Pharmacy Group and online retailer Well.ca are due to land under Canadian ownership after a Toronto-based private equity firm announced Thursday that it would purchase both brands from McKesson Corp.
Sep 5, 2024 11:39 AM
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Auto sales rise 5.6% in August but DesRosiers says growth set to slow
TORONTO — DesRosiers Automotive Consultants says August auto sales were up 5.6 per cent compared with the same time last year but predicts sales gains will be tougher to come by in the coming months.
Sep 5, 2024 11:19 AM
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First Majestic to buy Gatos Silver in all-stock deal valued at US$970M
VANCOUVER — First Majestic Silver Corp. has signed a deal to buy Gatos Silver Inc. in a transaction valued at US$970 million. Under the agreement, Gatos shareholders will receive 2.55 shares of First Majestic for each Gatos share held.
Sep 5, 2024 10:03 AM
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Variable mortgage rates regaining traction as Bank of Canada cuts rates
OTTAWA — The decision by the Bank of Canada to cut its key interest rate target this week was good news for borrowers with variable-rate mortgages, bringing back some of the shine for the once popular loans.
Sep 5, 2024 10:00 AM
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Applications for US jobless benefits fall to 2-month low as layoffs remain at healthy levels
The number of Americans filing for unemployment benefits fell to its lowest level in two months last week, signaling that layoffs remain relatively low despite other signs of labor market cooling.
Sep 5, 2024 9:13 AM
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Applications for US jobless benefits fall modestly last week as layoffs remain relatively low
The number of Americans filing for unemployment benefits fell last week as layoffs remain relatively low despite other signs of labor market cooling. Jobless claims fell by 5,000 to 227,000 for the week of Aug.
Sep 5, 2024 8:42 AM
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CIBC making changes to senior executive ranks at the bank
TORONTO — CIBC is making changes to its senior executive ranks in a move chief executive Victor Dodig says will broaden the opportunities for a number of the bank's leaders.
Sep 5, 2024 8:21 AM
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