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National Business
National Business
S&P/TSX composite down almost 50 points, U.S. stock markets post gains
TORONTO — Canada's main stock index posted a small loss Thursday as weakness in telecom and utilities stocks weighed on the market, while U.S. markets made gains. The S&P/TSX composite index was down 49.54 points at 20,919.64.
Feb 8, 2024 1:54 PM
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Bombardier stock drops even as plane sales, growth forecasts rise amid supply snarls
MONTREAL — Bombardier Inc. shares slid almost 15 per cent on Thursday after the business jet maker forecast slower-than-expected growth, despite a jump in plane deliveries and profit last year.
Feb 8, 2024 1:29 PM
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Stock market today: Wall Street holds near record levels, with S&P 500 on precipice of 5,000
NEW YORK (AP) — Stocks held near record levels on Wall Street as evidence kept piling up to show the job market remains remarkably solid. The S&P 500 edged up 0.
Feb 8, 2024 1:12 PM
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Homebuilders group pushing for 30-year mortgages to boost construction in Canada
OTTAWA — The group that represents residential builders in Canada wants Ottawa to offer a 30-year amortization period for insured mortgages on new homes.
Feb 8, 2024 12:57 PM
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Sun Life CEO optimistic on Canadian dental plan potential
TORONTO — Sun Life Financial Inc.'s chief executive says the potential upside of operating the new Canadian dental care plan outweighs the risks as the insurer pushes further into the health benefits space.
Feb 8, 2024 12:45 PM
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Protectionist policy promises in U.S. election will be a challenge: Alberta premier
WASHINGTON — Premier Danielle Smith says no matter the outcome of the United States election, there will be challenges for Canada and Alberta.
Feb 8, 2024 11:42 AM
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Enbridge appeals to vacate an order that would shut down its pipeline
MADISON, Wis. (AP) — An attorney for the energy company Enbridge tried to persuade a federal appellate court Thursday to vacate an order that would shut down part of a pipeline running through a Wisconsin tribal reservation.
Feb 8, 2024 11:15 AM
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Regulator calls out Trans Mountain for 'environmental non-compliance' in B.C.
CALGARY — The company building the Trans Mountain pipeline expansion has been cited for environmental non-compliance related to its management of recent flooding in B.C.
Feb 8, 2024 10:31 AM
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BCE slashes 9% of workforce, puts blame at the feet of regulators and policymakers
TORONTO — The parent company of Bell Canada announced it is slashing nine per cent of its workforce and could further scale back network spending as it remains at loggerheads with the CRTC over what it calls "predetermined" regulatory direction.
Feb 8, 2024 10:03 AM
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Cineplex posts Q4 loss despite theatre audience boost from Taylor Swift
TORONTO — Taylor Swift delivered massive audiences to global movie theatres as 2023 wound down, but it wasn't enough to keep Canada's largest cinema chain from posting a loss in its most recent quarter. Cineplex Inc.
Feb 8, 2024 9:50 AM
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