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National Business
National Business
Inflation, pandemic costs driving Ontario property tax hikes as upkeep backlogs grow
TORONTO — With a number of Ontario municipalities eyeing property tax increases, experts say homeowners across the province can expect to see higher tax bills this year because of inflation, pandemic costs and recent provincial changes to development
Jan 11, 2023 1:59 PM
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S&P/TSX composite closes higher in broad gains, U.S. stocks also up
TORONTO — Canada's main stock index closed higher on broad gains as commodities rose, while U.S. stock markets also ended up a day before the release of key inflation data. The S&P/TSX composite index ended up 126.19 points at 20,025.05.
Jan 11, 2023 1:58 PM
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HBC says head of online division retiring, names Sophia Hwang-Judiesch as replacement
TORONTO — Hudson's Bay Co. says the head of The Bay, its online marketplace division, is retiring this month and that the current president of Hudson's Bay, which oversees Canadian retails stores, will take on the additional role.
Jan 11, 2023 1:27 PM
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U.S. travel problems affecting transborder flights: Air Canada, WestJet
TORONTO — Air Canada and WestJet encouraged travellers headed to or from the U.S. to check their flights before going to the airport after a key computer outage at the U.S. Federal Aviation Administration caused delays.
Jan 11, 2023 11:55 AM
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LCBO continues to investigate cybersecurity incident; site and mobile app still down
TORONTO — The Liquor Control Board of Ontario says it is continuing to investigate a "cybersecurity incident" that has knocked out its website and mobile app since Tuesday.
Jan 11, 2023 11:30 AM
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Here's what you need to know about the Nexus application process update
OTTAWA — Canadian and U.S. border agencies say they have a plan to reduce the backlog for the Nexus trusted-traveller program.
Jan 11, 2023 9:40 AM
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Report: Oil price cap takes small slice of Russia's revenue
FRANKFURT, Germany (AP) — A price cap and European Union embargo on most Russian oil have cut into Moscow's revenue from fossil fuels, but the Kremlin is still earning substantial cash to fund its action in Ukraine because the $60-per-barrel cap was
Jan 11, 2023 8:52 AM
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Nokia opens new office in downtown Toronto as it looks to grow in Canada
TORONTO — Nokia is opening a new office in downtown Toronto's Harbourfront community. The company says the new location is part of its efforts to expand its presence in Canada.
Jan 11, 2023 7:11 AM
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Barrick Gold signs joint venture deals for two projects with Saudi company
TORONTO — Barrick Gold Corp. has signed joint venture agreements with Saudi Arabian mining company Ma’aden for two prospective exploration projects in Saudi Arabia.
Jan 11, 2023 6:16 AM
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Hopes high in B.C. as China lifts border rules, but tourism recovery may take months
VANCOUVER — Zhengwen Hao says the phone for his Richmond, B.C., restaurant hasn't stopped buzzing in recent days as relatives and friends in China make reservations as part of their plans to visit the province.
Jan 11, 2023 1:00 AM
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