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National Business
National Business
Giller Prize releases long list, drops Scotiabank from name
TORONTO — The group of authors in contention for this year’s $100,000 Giller Prize has been whittled down to 12, but one name is notably absent from the list: Scotiabank.
Sep 4, 2024 2:16 PM
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The Nordstrom family teams up with a Mexican retail group to bid for its namesake retailer
NEW YORK (AP) — Members of the Nordstrom family with the help of a Mexican retail group are offering to take the century-old department store private for $3.76 billion, months after first expressing interest in a buyout.
Sep 4, 2024 2:07 PM
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Toronto ranks 4th in North American tech talent, driven by demand for AI skills: CBRE
TORONTO — Toronto saw the most tech job gains of any North American market over the last five years as demand for artificial intelligence skill sets rose, a new report says.
Sep 4, 2024 1:54 PM
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Manitoba to look at GPS options at landfills following slayings of 4 Indigenous women
WINNIPEG — The Manitoba government is looking at ways to increase monitoring and surveillance of garbage trucks and landfills following the slayings of four Indigenous women whose remains were dumped in trash bins.
Sep 4, 2024 1:34 PM
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Some banks rethinking strategy on home mortgage competition
TORONTO — Some Canadian banks say they're starting to question how aggressively they go after mortgage customers amid intense competition.
Sep 4, 2024 1:30 PM
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Review of B.C. refinery stench says cold snap triggered series of events
BURNABY, B.C. — Parkland Corp. has released a review into an unplanned shutdown of its Burnaby, B.C., refinery in January that blanketed parts of Metro Vancouver with a foul stench.
Sep 4, 2024 12:44 PM
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Bank of Canada ready to cut faster — or slower — if it needs to, Macklem says
OTTAWA — The Bank of Canada may adjust the pace of interest rate cuts if warranted, governor Tiff Macklem said after announcing a third consecutive interest rate cut.
Sep 4, 2024 12:42 PM
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Calgary can't afford Green Line transit project as Alberta to withhold funding: mayor
CALGARY — Calgary Mayor Jyoti Gondek says the city can no longer afford its long-sought Green Line light rail transit project after the Alberta government announced it's pulling funding from the plan in its current form.
Sep 4, 2024 12:27 PM
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Four natural disasters across Canada led to record number of insurance claims: bureau
TORONTO — The Insurance Bureau of Canada says this summer saw a record number of insurance claims driven by four major weather events and natural disasters over the span of four weeks.
Sep 4, 2024 12:10 PM
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Kroger's CEO says shoppers would see lower prices after the chain's merger with Albertsons
The chief executive officer of Kroger insisted Wednesday that merging with rival Albertsons would allow the two supermarket companies to lower prices and more effectively compete with retail giants like Walmart and Amazon.
Sep 4, 2024 11:43 AM
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