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National Business
National Business
Liberal GST holiday expected to pass soon as government introduces solo bill
OTTAWA — The Liberal government introduced a stand-alone bill to implement its proposed GST holiday Wednesday, hours after the NDP threatened it would not pass the legislation if it was linked to a $250 rebate for working Canadians.
Nov 27, 2024 5:46 PM
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Alberta's pledge to take over ownership of emissions data 'irresponsible': Guilbeault
EDMONTON, ALBERTA, CANADA — Federal Environment Minister Steven Guilbeault says Alberta's plan to make greenhouse gas emissions data the property of the provincial government could lead to oil and gas companies breaking federal laws.
Nov 27, 2024 5:08 PM
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US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate
WASHINGTON (AP) — The American economy expanded at a healthy 2.
Nov 27, 2024 3:17 PM
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Robert Wickens moving up to IMSA GTD series in 2025 thanks to new Bosch hand controls
It's been a long road back to the highest levels of motorsport for Canadian driver Robert Wickens. Six years after he was paralyzed in a violent wreck, Wickens will again be behind the wheel against some of the best drivers in North America.
Nov 27, 2024 2:03 PM
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Industry not consulted on Alberta's plan to challenge federal emissions cap
CALGARY — The Alberta government did not consult with the oil and gas sector before announcing a sweeping set of plans it says it could use to challenge the proposed federal greenhouse gas emissions cap, industry sources say.
Nov 27, 2024 2:02 PM
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Inuit Nunangat University closer to realization with $50M from Mastercard Foundation
OTTAWA — The dream to open an Inuit-led university is one step closer to realization, the president of Inuit Tapiriit Kanatami said, after a $50 million investment from the Mastercard Foundation.
Nov 27, 2024 1:47 PM
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S&P/TSX composite rises Wednesday while U.S. markets move lower
TORONTO — Canada's main stock index rose Wednesday, helped by strength in telecommunication and utility stocks, while U.S. stock markets moved lower ahead of Thanksgiving. The S&P/TSX composite index closed up 83.16 points at 25,488.30.
Nov 27, 2024 1:42 PM
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Trump's tariffs would devastate auto sector, raise consumer costs: industry leaders
Auto industry leaders say U.S. president-elect Donald Trump's threat of tariffs on Canadian goods would have devastating effects for the sector, forcing both Canadian and U.S. consumers to pay higher vehicle prices.
Nov 27, 2024 1:14 PM
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Stock market today: Losses for Big Tech pull US indexes lower
Losses for big technology stocks pulled major indexes lower on Wall Street. The S&P 500 fell 0.4% Wednesday. The Dow Jones Industrial Average slipped 0.3% from its record high a day earlier, and the Nasdaq composite lost 0.6%.
Nov 27, 2024 1:06 PM
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Lawyers, loyalists and Wall Street executives: a look at who's on Trump's tariff team
WASHINGTON — As president-elect Donald Trump rattles his closest neighbours with threats of tariffs, he is also firming up the team of loyalists to put his plans into action.
Nov 27, 2024 12:12 PM
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