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National Business
National Business
Ottawa, Quebec tout 'new business model' to fast-track affordable housing
MONTREAL — The governments of Canada, Quebec and the City of Montreal are crediting a new fast-track housing program for plans to build 1,001 affordable homes in Montreal and Rimouski, Que.
Aug 30, 2024 11:52 AM
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Teamsters launch court appeal of Ottawa’s move to end rail shutdown
The president of the union representing thousands of railroaders says the government's actions set a "dangerous precedent" that threatens workers' constitutional right to collective bargaining.
Aug 30, 2024 11:42 AM
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BoC expected to cut key interest rate, despite stronger-than-anticipated growth in Q2
OTTAWA — Economists say the Bank of Canada is still on track to cut interest rates next week, despite economic growth coming in stronger than expected in the second quarter.
Aug 30, 2024 11:08 AM
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Hotel workers in 3 Quebec cities, including Montreal, hold another 24-hour walkout
MONTREAL — About 2,500 workers at 22 hotels in some of Quebec’s biggest cities have launched a one-day strike to protest an impasse in contract talks. The walkout at hotels in Montreal, Quebec City and Sherbrooke is the second time since Aug.
Aug 30, 2024 11:07 AM
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More than 4,000 Ontario corner stores approved to sell alcohol next week
TORONTO — More than 4,000 convenience stores across Ontario have been licensed to sell alcohol as new liberalized rules are set to take effect next week.
Aug 30, 2024 11:05 AM
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Cannabis retailer Tokyo Smoke to close 29 stores amid creditor protection proceedings
TORONTO — Cannabis retailer Tokyo Smoke says it will be shuttering 29 of its stores as it seeks creditor protection. The closures are part of a restructuring the brand is carrying out under the Companies' Creditors Arrangement Act.
Aug 30, 2024 10:37 AM
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Cost of new Vancouver Art Gallery spikes from $400M to $600M, forcing redesign
VANCOUVER — The Vancouver Art Gallery says the construction cost of its planned new home has jumped from an original estimate of $400 million to $600 million, forcing a redesign.
Aug 30, 2024 10:33 AM
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Cash-strapped parents seek back-to-school deals as years of inflation take a toll
TORONTO — When August rolled around, April Hicke realized the $100 she typically gives her 13-year-old son to update his wardrobe in time for school to start was no longer enough.
Aug 30, 2024 10:01 AM
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2 women charged in Lululemon shoplifting scheme in Minneapolis
MINNEAPOLIS (AP) — Two Minnesota women are charged with organizing thefts of several thousand dollars' worth of merchandise from a Lululemon store in Minneapolis and then funneling the stolen goods through a suburban nail salon.
Aug 30, 2024 9:46 AM
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Ottawa posts federal deficit of $2.9B from April to June
OTTAWA — The Finance Department says the federal deficit was $2.9 billion over the first three months of the fiscal year. The result compared with a $3.
Aug 30, 2024 8:19 AM
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