Skip to content

National Business

NATO extends Stoltenberg term for a year due to Russia's war

NATO extends Stoltenberg term for a year due to Russia's war

BRUSSELS (AP) — With the threat of wider conflict hanging over Europe, NATO opted for stability on Thursday by extending Secretary-General Jens Stoltenberg’s term in office for an extra year to help steer the 30-nation military alliance through the s
St. Lawrence Seaway opens ready to fill commodity void from Ukraine war

St. Lawrence Seaway opens ready to fill commodity void from Ukraine war

The St. Lawrence Seaway officially opened Thursday for a 64th navigation season with the prospect of increased demand for Canadian grain and fertilizer stemming from the war in Ukraine.
Barrick Gold selling its stake in Skeena Resources for nearly $132.5M

Barrick Gold selling its stake in Skeena Resources for nearly $132.5M

TORONTO — Barrick Gold Corp. is selling its 13 per cent stake in Skeena Resources Ltd. for nearly $132.5 million. The gold miner says a Canadian investment dealer has agreed to pay $15 per share for its 8.
American weekly jobless claims at lowest level since 1969

American weekly jobless claims at lowest level since 1969

WASHINGTON (AP) — The number of Americans applying for unemployment benefits last week fell to its lowest level in 52 years as the U.S. job market continues to show strength in the midst of rising costs and an ongoing virus pandemic.
Algoma Steel expects Q4 shipments to be down compared with Q3

Algoma Steel expects Q4 shipments to be down compared with Q3

SAULT STE. MARIE, Ont. — Algoma Steel Group Inc. says its fourth-quarter shipments are expected to be down compared with the third quarter due to challenges across its logistics supply chain and COVID-related impacts.
De Havilland signs letter of intent with India's Flybig for up to 10 Twin Otters

De Havilland signs letter of intent with India's Flybig for up to 10 Twin Otters

TORONTO — De Havilland Aircraft of Canada Ltd. has signed a letter of Intent to sell up to 10 Twin Otter Series 400 aircraft to India's Big Charter Private Ltd. The aircraft will be used by Big Charter's airline Flybig.
New York City to let unvaccinated athletes play home games

New York City to let unvaccinated athletes play home games

NEW YORK (AP) — New York City's mayor will announce Thursday that he’s exempting athletes and performers from the city’s vaccine mandate for private workers, a move that will allow Brooklyn Nets star Kyrie Irving to play home games and unvaccinated b
Former union boss Jerry Dias accepted money from supplier, Unifor alleges

Former union boss Jerry Dias accepted money from supplier, Unifor alleges

Canada’s largest private sector union alleged Wednesday that its former national president Jerry Dias accepted $50,000 from a supplier of COVID-19 rapid test kits he promoted to employers of union members, several of whom purchased those test kits.
S&P/TSX composite falls to end six-day winning streak after hitting record highs

S&P/TSX composite falls to end six-day winning streak after hitting record highs

TORONTO — Rising commodity prices couldn't keep Canada's main stock index from breaking a six-day winning streak in which it reached record highs.
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 (21,932.18, down 142.17 points.) TC Energy Corp. (TSX:TRP). Energy. Up 35 cents, or 0.5 per cent, to $70.72 on 15 million shares.