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National Business
National Business
S&P/TSX composite index ticks back up on Wednesday as U.S. markets droop
TORONTO — Canada's main stock market inched upward in trading on Wednesday, rebounding slightly from the day before even as U.S. markets sagged. The S&P/TSX composite index rose 69.29 points to 20,275.
Aug 9, 2023 1:51 PM
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Renewable energy workers say Alberta's pause will wipe out season of work
Alberta's decision to pause approvals of new renewable energy projects is putting the lives of thousands of workers on hold, an industry group says.
Aug 9, 2023 1:36 PM
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Stock market today: Wall Street slips as markets brace for coming report on inflation
NEW YORK (AP) — Stocks slipped Wednesday, as Wall Street braced for a highly anticipated report on inflation that's on the way. The S&P 500 fell 31.67, or 0.7%, to 4,467.71 for its sixth drop in the last seven days.
Aug 9, 2023 1:31 PM
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Biden issues an executive order restricting U.S. investments in Chinese technology
WASHINGTON (AP) — In a sign of growing strains between the world's two biggest powers, President Joe Biden signed an executive order Wednesday that would block and regulate high-tech U.S.-based investments going toward China .
Aug 9, 2023 1:18 PM
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NS Power outlines tree-cutting plan to help reduce hurricane-caused outages
HALIFAX — Nova Scotia's electric utility says its plans to nearly double its tree-trimming budget should improve reliability in electrical service when the next hurricane strikes.
Aug 9, 2023 1:17 PM
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Metro sees profits jump on sales growth as striking workers push for wage gains
MONTREAL — Metro Inc. said Wednesday that its earnings surged in its latest results, fuelled by higher same-store sales and a favourable tax ruling, as the company faces calls from striking workers to share more of those gains.
Aug 9, 2023 12:58 PM
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Used vehicle prices moderating but remain high after pandemic spike: survey
RICHMOND HILL, Ont. — Used vehicle prices continued to moderate in the first half of the year but remain higher than historical levels amid vehicle sourcing challenges, according to the results of a survey by DesRosiers Automotive Consultants.
Aug 9, 2023 12:25 PM
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WSP Global raises earnings forecast as profits soar
MONTREAL — WSP Global Inc. is riding high after boosting its earnings forecast for the year, buoyed by organic growth as well as recent acquisitions that have boosted revenues.
Aug 9, 2023 11:43 AM
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Special counsel got a search warrant for Twitter to turn over info on Trump's account, documents say
Special counsel Jack Smith's team obtained a search warrant in January for records related to former President Donald Trump's Twitter account, and a judge levied a $350,000 fine on the company for a delay in complying, according to court documents re
Aug 9, 2023 10:39 AM
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Brookfield Asset Management aims to raise US$150B this year, even as earnings drop
TORONTO — Brookfield Asset Management Ltd. says it expects to raise a multibillion-dollar bundle of cash this year after boosting distributable earnings last quarter, even as net income fell by a third.
Aug 9, 2023 9:54 AM
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