Skip to content
Join our Newsletter
Join our Newsletter

National Business

Fed attacks inflation with another big hike and expects more

Fed attacks inflation with another big hike and expects more

WASHINGTON (AP) — Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point for a third straight time and signaled more large rate hikes to come — an aggressiv
Postmedia to end Monday print edition of nine urban daily newspapers

Postmedia to end Monday print edition of nine urban daily newspapers

TORONTO — Postmedia Network Inc., owned by Postmedia Network Canada Corp., says nine of its urban daily newspapers will no longer be printed and delivered on Mondays effective Oct. 17.
AIMCo CEO rejects fossil fuel divestment as investment strategy

AIMCo CEO rejects fossil fuel divestment as investment strategy

CALGARY — The CEO of Alberta Investment Management Corp. (AIMCo) says divesting from fossil fuels is the opposite of what pension funds should be doing if they want to help solve the climate crisis.

Tech sector says more job cuts to come as Elevate conference gets underway

TORONTO — The Elevate technology conference made its return to Toronto this week with a buzzy spectacle — shutting down several blocks of the Esplanade neighbourhood for a block party with performances from artists like rapper Haviah Mighty and sched
Toronto's Pearson Airport ranks low in customer satisfaction, again: survey

Toronto's Pearson Airport ranks low in customer satisfaction, again: survey

A survey has found Toronto Pearson International Airport ranked among the lowest in customer satisfaction of all major North American airports for the second year running. The J.D.
Stats Canada says Canada's homeownership rate fell in latest 2021 census release

Stats Canada says Canada's homeownership rate fell in latest 2021 census release

OTTAWA — Canada's homeownership rate is on the decline, with young adults in particular less likely to own a home in 2021 than they were adecade earlier, says Statistics Canada. According to the latest census release, 66.
Milan Fashion Week hears calls for more designer diversity

Milan Fashion Week hears calls for more designer diversity

MILAN (AP) — The Milan Fashion Week that opens Wednesday is showcasing collections by perhaps its most ethnically diverse lineup of designers, including the debuts of the new creative directors of Salvatore Ferragamo and Bally and the return of Haiti
BDC launches $500M investment platform to help boost women-led businesses

BDC launches $500M investment platform to help boost women-led businesses

TORONTO — BDC has announced the launch of Thrive Venture Fund and Lab for Women, a $500-million investment platform that will support the growth and economic impact of Canadian women-led businesses, as women continue to face an uphill battle when try
U.K. regulator adds new wrinkle in Dye & Durhram deal for Link Group

U.K. regulator adds new wrinkle in Dye & Durhram deal for Link Group

TORONTO — A U.K. regulator has assessed a penalty of 50 million pounds against Link Group, the Australian company that Dye & Durham Ltd. is trying to acquire, raising questions about the future of the deal.
US home sales slipped, prices grew more slowly in August

US home sales slipped, prices grew more slowly in August

Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage rates and rising prices made homebuying less affordable, further cooling the once red-hot housing market.