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National Business
National Business
Fraser says housing measures coming in budget update, weighs in on short-term rentals
OTTAWA — Housing Minister Sean Fraser says the federal government will reveal more housing measures in the fall budget update and in the coming months that aim to ramp up homebuilding across the country.
Oct 23, 2023 12:48 PM
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Bell Media signs deal to buy Outfront Media's Canadian business for $410 million
TORONTO — Bell Media announced a tentative $410-million deal Monday to buy the Canadian operations of outdoor advertising company Outfront Media Inc. in a move that experts say could solidify its hold on the out-of-home advertising market.
Oct 23, 2023 12:43 PM
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More Canadians struggling with monthly mortgage payment: Angus Reid survey
TORONTO — A new survey suggests the number of Canadians struggling with their monthly mortgage payment is on the rise, along with worries of potentially higher payments when it comes time to renew with their lender.
Oct 23, 2023 10:48 AM
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What to know about the St. Lawrence Seaway strike
MONTREAL — The St. Lawrence Seaway has shut down as hundreds of workers walked off the job Sunday. Here are answers to a few key questions about what's going on: What is the St. Lawrence Seaway? The St.
Oct 23, 2023 10:37 AM
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A British court ruling frees Nigeria from paying $11 billion in damages over a failed gas project
ABUJA, Nigeria (AP) — A London judge on Monday overturned an arbitration award that would have required Nigeria to pay $11 billion over a failed gas project, finding the contract was obtained through fraud.
Oct 23, 2023 8:55 AM
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Better data, management of water needed for Canada's agri-food sector: report
OTTAWA — The Canadian Agri-Food Policy Institute is recommending that governments across the country develop a national plan to sustainably manage and use water for the agri-food sector.
Oct 23, 2023 8:30 AM
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Oaktree Capital Management investing $150 million Aecon Utilities
TORONTO — Aecon Group Inc. has signed a deal that will see Oaktree Capital Management LP invest $150 million in the company's utility infrastructure services business. Under the agreement, Oaktree will acquire a 27.
Oct 23, 2023 8:28 AM
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Tech group calls on feds to take action on boosting semiconductor industry
A group of technology organizations is calling on the federal government to bolster Canada's semiconductor industry or risk talent and companies moving elsewhere.
Oct 23, 2023 8:00 AM
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First Quantum says Cobre Panamá deal with government in Panama now law
TORONTO — First Quantum Minerals Ltd. says the bill enacting its mining concession contract for its Cobre Panamá copper mine has become law.
Oct 23, 2023 7:07 AM
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Stock market today: Wall Street drifts lower as pressure rises from the bond market
NEW YORK (AP) — Wall Street is drifting lower in early trading as pressure from the bond market continues to build. The S&P 500 was down 0.5% early Monday. The Dow lost 171 points, and the Nasdaq composite was off 0.6%.
Oct 23, 2023 6:42 AM
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