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National Business
National Business
Parents are gifting increasingly large sums of money for kids' down payments: CIBC
A new report shows parents are giving increasingly large financial gifts so their kids can afford down payments in Canada’s hot housing market.
Oct 25, 2021 1:28 PM
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Tale of two Tim Hortons: Suburban, rural locations busy, downtown restaurants empty
Tim Hortons' sales are up, but continue to lag pre-pandemic highs amid a stalled reopening that's left office towers, and the company's downtown locations, largely deserted.
Oct 25, 2021 12:24 PM
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Lion Electric Co. receives conditional order for 1,000 electric school buses
MONTREAL — The Lion Electric Co. says it has received a conditional order for 1,000 electric school buses from Student Transportation of Canada, whose parent company is controlled by Quebec's pension fund manager.
Oct 25, 2021 10:14 AM
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Canderel-led consortium to buy Cominar Real Estate Investment Trust
QUEBEC — Cominar Real Estate Investment Trust has signed an agreement to be acquired by a consortium led by Quebec real estate firm Canderel Real Estate Property Inc. in a deal with an enterprise value of $5.7 billion.
Oct 25, 2021 6:18 AM
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World set to miss goal of $100B climate aid pledged to poor
BERLIN (AP) — A target for rich countries to provide poor nations with $100 billion in aid each year to tackle global warming will be missed, officials said Monday, dealing a blow to the upcoming U.N. climate talks in Glasgow.
Oct 25, 2021 6:02 AM
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Edward Rogers to take battle for Rogers Communications Inc. to B.C. Supreme Court
TORONTO — The ousted chairman of Rogers Communication Inc. says he’ll go to the British Columbia Supreme Court in a bid to wrest back control of the company.
Oct 24, 2021 7:50 PM
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Despite hybrid release, 'Dune' draws well on the big screen
NEW YORK (AP) — Denis Villeneuve's “Dune” debuted with $40.
Oct 24, 2021 11:31 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: BoC rate announcement: The Bank of Canada is scheduled to release its latest interest rate decision and its quarterly monetary policy report on Wednesday.
Oct 24, 2021 7:00 AM
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Fintechs looking to break into credit card market dominated by big banks
TORONTO — If you haven’t shopped for a credit card in a while, you may see some unfamiliar names in the offerings. Companies like Brim Financial, Float Inc., Caary Capital Ltd., Jeeves Inc.
Oct 24, 2021 7:00 AM
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Emirati prosecutors investigating Dubai's Union Properties
DUBAI, United Arab Emirates (AP) — Federal prosecutors in the United Arab Emirates said Sunday they've launched a major investigation into Dubai-based real estate developer Union Properties.
Oct 24, 2021 1:55 AM
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