Skip to content

National Business

Ford workers in Canada ratify agreement, set precedent for other automakers

Ford workers in Canada ratify agreement, set precedent for other automakers

TORONTO — The union that represents 5,600 workers at Ford Motor Co. of Canada confirmed Sunday its members had ratified a three-year contract with the automaker, setting the pattern for upcoming talks with General Motors and Stellantis.
Read more >
Hot rental market makes search 'stressful' for many — and it won't get better soon

Hot rental market makes search 'stressful' for many — and it won't get better soon

TORONTO — On the hunt for a rental home in Calgary over the last six weeks, Marissa Giesinger and her boyfriend trawled through listings morning, noon and night, only to find most come along with dozens of applications and a steep price tag.
Read more >
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Tech conference The Canadian tech community will gather in Toronto over three days for the annual Elevate conference, which starts on Tuesday.
Read more >
Judge blocks government plan to scale back Gulf oil lease sale to protect whale species

Judge blocks government plan to scale back Gulf oil lease sale to protect whale species

NEW ORLEANS (AP) — A federal judge has ordered the Interior Department to expand next week's scheduled sale of of Gulf of Mexico oil and gas leases by millions of acres, rejecting a scaled-back plan announced last month by the Biden administration as
Read more >
Auto workers expand their strike to 38 locations in 20 states. Biden plans visit to show support

Auto workers expand their strike to 38 locations in 20 states. Biden plans visit to show support

The United Auto Workers union expanded its strike against major carmakers Friday, walking out of all 38 parts-distribution centers operated by General Motors and Jeep and Ram owner Stellantis in 20 states but sparing Ford from further shutdowns.
Read more >
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Fridayon the Toronto Stock Exchange: Toronto Stock Exchange (19,779.97, down 11.65 points): Canopy Growth Corp. (TSX:WEED). Healthcare. Up nine cents, or 8.65 per cent, to $1.13 on 10.
Read more >
Streamlined immigration program a 'Band-Aid solution': Pilots union

Streamlined immigration program a 'Band-Aid solution': Pilots union

OTTAWA — The union representing 11,000 Canadian pilots says a newly streamlined immigration program that looks to fill job gaps in transport fails to cut to the core of a dire labour shortage in aviation.
Read more >
Markets close out week in the red over 'higher for longer' interest rate expectations

Markets close out week in the red over 'higher for longer' interest rate expectations

TORONTO — Canada's main stock index closed out Friday down just a handful of points after falling more than 400 points a day earlier,while U.S. stock markets also moved lower.
Read more >
Stock market today: Wall Street's worst week in six months closes on another weak note

Stock market today: Wall Street's worst week in six months closes on another weak note

NEW YORK (AP) — Wall Street’s worst week in six months closed on another weak note. The S&P 500 gave up an early gain and ended 0.2% lower Friday. The Dow Jones Industrial Average lost 106 points, and the Nasdaq composite slipped 0.1%.
Read more >
Smith says despite difficulty with Ottawa, Alberta has allies in Trudeau cabinet

Smith says despite difficulty with Ottawa, Alberta has allies in Trudeau cabinet

BANFF, Alta. — Alberta Premier Danielle Smith told a business conference on Friday that despite her concerns with the federal Liberal government, there are some cabinet ministers she can work with.
Read more >