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National Business
National Business
S&P/TSX composite up more than 200 points, U.S. stock markets also rise
TORONTO — Canada's main stock index gained more than 200 points Thursday, led by strength in tech, metals, financials and utilities, while U.S. markets also rose as investors digested a positive inflation print from the day before. U.S.
Jul 13, 2023 1:35 PM
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High temperatures, high spending: How to manage summer spending on the rise
TORONTO — The sun's out, the days are longer and for many, the wallet's feeling a bit lighter.
Jul 13, 2023 12:36 PM
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Calgary company partners with Adidas to produce CO2-embedded running shoes
CALGARY — A Calgary-based technology company has paired up with Adidas in a partnership that will see the sneaker giant manufacture some of its shoes using ink embedded with captured carbon emissions.
Jul 13, 2023 12:02 PM
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Average asking price for Canadian rental unit hits record high in June: Rentals.ca
TORONTO — The average asking price for a rental unit in Canada reached a record $2,042 last month amid continued interest rate hikes and population expansion, according to a new report by Rentals.ca and Urbanation.
Jul 13, 2023 9:57 AM
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By the numbers: What the latest interest rate hike means for your mortgage
This week, the Bank of Canada hiked interest rates yet again, raising its key interest rate by a quarter of a percentage point to 5 per cent, and the prime rate to 7.2 per cent.
Jul 13, 2023 9:49 AM
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Experts doubt whether illegal magic mushroom stores will advance drug policy
MONTREAL — Magic mushroom stores are opening illegally across Canada, challenging the country's drug laws, but experts say the illicit vendors are unlikely to radically advance acceptance of the hallucinogenic fungi among authorities — or the public.
Jul 13, 2023 9:23 AM
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Written in the stars: The legendary tale of Maritime ice cream favourite Moon Mist
HALIFAX — The lore in the Hart household was as rich as the ice cream served every day. After joining his family's creamery business, the story goes, Bruce Hart travelled from Nova Scotia to the U.S. to attend 'Ice Cream University.
Jul 13, 2023 9:14 AM
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Hollywood actors poised to join writers on strike after talks collapse
LOS ANGELES (AP) — The union representing film and television actors says no deal has been reached with studios and streaming services and its leadership will vote on whether to strike on Thursday.
Jul 13, 2023 9:11 AM
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Corus Entertainment selling Toon Boom Animation subsidiary for $147.5M
TORONTO — Corus Entertainment Inc. says it has signed a deal to sell its Montreal-based animation software subsidiary Toon Boom Animation Inc. to Integrated Media Company (IMC) for $147.5 million in cash.
Jul 13, 2023 7:52 AM
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Popular Prime drink and 5 others that exceed Health Canada's caffeine limits recalled
Six brands of caffeinated drinks have been recalled in Canada, including a popular energy beverage being promoted by social media influencers.
Jul 13, 2023 7:13 AM
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