Skip to content

National Business

S&P/TSX composite index up more than 200 points, U.S. stock markets mixed

S&P/TSX composite index up more than 200 points, U.S. stock markets mixed

TORONTO — Canada's main stock index gained more than 200 points Thursday, led higher by technology and base metals, while U.S. stock markets were mixed.
Read more >
BCE denied regulatory relief, reports Q3 loss on asset impairment charge

BCE denied regulatory relief, reports Q3 loss on asset impairment charge

Bell Canada-owner BCE Inc. was dealt another regulatory blow this week as it reported a loss in its latest quarter and recorded $2.11 billion in asset impairment charges, mainly related to Bell Media's TV and radio properties.
Read more >
Senate committee makes major changes to Bloc Québécois supply management bill

Senate committee makes major changes to Bloc Québécois supply management bill

OTTAWA — Bloc Québécois Leader Yves-François Blanchet accused senators of betraying their fellow Canadians to benefit Americans and other trade partners, after a Senate committee voted to add a major caveat to a Bloc supply management bill.
Read more >
Stock market today: Most of Wall Street rises after the Fed cuts interest rates

Stock market today: Most of Wall Street rises after the Fed cuts interest rates

NEW YORK (AP) — Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy. The S&P 500 climbed 0.7% Thursday.
Read more >
Housing minister announces applications open for $1B critical infrastructure program

Housing minister announces applications open for $1B critical infrastructure program

OTTAWA — Applications opened Thursday for a $1-billion federal program to help municipalities and Indigenous communities build critical infrastructure.
Read more >
Ericsson announces funding boost for R&D centres through partnership with Ottawa

Ericsson announces funding boost for R&D centres through partnership with Ottawa

Wireless networking technology company Ericsson Canada says it is expanding a previously announced partnership with the federal government through a combined investment of more than $630 million in research and development centres.
Read more >
Ottawa's TikTok order sends mixed messages to users, experts say

Ottawa's TikTok order sends mixed messages to users, experts say

TORONTO — By ordering TikTok to shut down its Canadian operations but not banning the app, digital media experts say the federal government is sending mixed messages that make it too hard for the average user to decide whether they should remain on t
Read more >
Aircraft maker Bombardier sees revenue rise as it pushes further into maintenance

Aircraft maker Bombardier sees revenue rise as it pushes further into maintenance

MONTREAL — Steady demand for private jets, and the maintenance they require, helped push earnings and revenue higher at Bombardier Inc. last quarter.
Read more >
Court order will compel release of records in Dye & Durham competition probe

Court order will compel release of records in Dye & Durham competition probe

GATINEAU, Que. — A court order obtained by the Competition Bureau will require legal-software company Dye & Durham Ltd. to release records related to its business practices, the federal watchdog agency said Thursday.
Read more >
National rent prices decline year-over-year for first time since pandemic: report

National rent prices decline year-over-year for first time since pandemic: report

Average asking rents declined nationally on a year-over-year basis for the first time in more than three years in October, said a report out Thursday. The report from Rentals.
Read more >