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National Business
National Business
Two-thirds of Canadians 'desperately' need interest rates to go down: MNP survey
The central bank lowered its benchmark interest rate by a quarter of a percentage point to 4.75 per cent in June and economists expect another cut could be in store when it meets Wednesday for its next rate decision.
Jul 22, 2024 8:36 AM
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Bombardier opens new maintenance station at Farnborough, U.K. airport
MONTREAL — Bombardier Inc. says it is opening a new European maintenance station located at the Farnborough, U.K. airport. The new location is meant to provide light scheduled and unscheduled maintenance and support for grounded aircraft.
Jul 22, 2024 5:33 AM
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A look at one year of strong mayor powers in Ontario
TORONTO — In the year since so-called strong mayor powers were granted to the heads of council in a swath of Ontario municipalities, most mayors have used them sparingly — if at all — though in some corners a sense of unease with the sweeping authori
Jul 22, 2024 1:00 AM
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Markets bet on second Bank of Canada interest rate cut coming this week
Economists and market watchers are betting the Bank of Canada will deliver another interest rate cut this week amid mounting evidence that inflation is sustainably easing.
Jul 22, 2024 1:00 AM
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Joy in Newfoundland after ‘Lucky 7′ fishers survive harrowing days lost at sea
NEW-WES-VALLEY, N.L. — There was a powerful word being repeated in the joyful Newfoundland community of New-Wes-Valley on Sunday: "Miracle.
Jul 21, 2024 5:02 PM
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Baby Gourmet Foods recalls organic baby cereal over possible bacteria contamination
CALGARY — A brand of baby cereal is being pulled from all in-store and online retailers in Canada due to possible Cronobacter contamination.
Jul 21, 2024 3:15 PM
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LCBO workers ratify deal to end strike, stores to reopen Tuesday
The LCBO says stores will reopen Tuesday after the union representing 10,000 of its workers ratified a new deal with the liquor retailer on Sunday to end the strike that had closed its stores for two weeks.
Jul 21, 2024 1:40 PM
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Small fashion houses sowing sustainability with sewing pattern releases
When Michelle Larsen started her fashion brand, she planned on making each item herself, with an eye to transparency, sustainability and fair labour practices.
Jul 21, 2024 8:49 AM
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Climate-related extreme weather puts oil and gas assets, production at risk
CALGARY — Suncor Energy Inc. filed a disclosure document last year laying out what would happen if extreme weather were to force a 10-day shutdown of its massive Base Plant oilsands mine in northern Alberta.
Jul 21, 2024 3:00 AM
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Canada's airports, hospitals begin returning to normal after global IT outage
MONTREAL — Airports, hospitals and police services across Canada continued their gradual return to normal operations on Saturday as they recovered from a global technology outage caused by a defective update to computers using Microsoft Windows.
Jul 20, 2024 1:35 PM
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