Skip to content
Join our Newsletter

National Business

Government of Alberta takes 50 per cent stake in Sturgeon Refinery for $825 million

Government of Alberta takes 50 per cent stake in Sturgeon Refinery for $825 million

CALGARY — The Alberta government is taking 50 per cent ownership of the controversial Sturgeon Refinery by paying $825 million to reduce tolling costs at the facility northeast of Edmonton.
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 Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,281.46, up 55.35 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up 10 cents, or 7.52 per cent, to $1.43 on 13.7 million shares.
Read more >
S&P/TSX composite sets new record as crude surpasses US$76 a barrel

S&P/TSX composite sets new record as crude surpasses US$76 a barrel

TORONTO — Canada's main stock index set a new high to start the trading week as the energy sector was driven higher by crude oil prices surpassing US$76 a barrel for the first time since the fall of 2018. The S&P/TSX composite index gained 55.
Read more >
Dior returns to the real-world runway with textured show

Dior returns to the real-world runway with textured show

PARIS (AP) — Dior ventured back into the real world Monday after more than a year away, with an in-person show for its fall-winter 2021-22 Haute Couture collection in Paris.
Read more >
Ottawa to launch procurement for high frequency rail between Quebec City, Toronto

Ottawa to launch procurement for high frequency rail between Quebec City, Toronto

HALIFAX — The federal government is set to announce a new high frequency rail corridor to improve the connection between some of Ontario and Quebec’s major cities.
Read more >
CMHC changes underwriting practices on mortgage loan insurance

CMHC changes underwriting practices on mortgage loan insurance

OTTAWA — Canada Mortgage and Housing Corp. is easing its underwriting criteria for mortgage loan insurance after changes it made last year were not effective and caused it to lose market share.
Read more >
Metro Vancouver real estate sales eased in June as benchmark price was flat

Metro Vancouver real estate sales eased in June as benchmark price was flat

VANCOUVER — The real estate market in Metro Vancouver eased in June from its record-setting pace in March and April.
Read more >
Hiring intentions hit all-time high in Bank of Canada business outlook survey

Hiring intentions hit all-time high in Bank of Canada business outlook survey

OTTAWA — Hiring intentions among businesses have hit an all-time high and workers' confidence in landing a job has rebounded nearly to pre-pandemic levels as the country looks to a summer rebound from the pandemic, the Bank of Canada says.
Read more >
Johnson says restrictions to ease, UK must live with virus

Johnson says restrictions to ease, UK must live with virus

LONDON (AP) — British Prime Minister Boris Johnson confirmed Monday that his government plans to scrap laws requiring face masks and social distancing later this month, though he acknowledged that lifting the restrictions will drive surging coronavir
Read more >
Porter Airlines plans to restart flying in September, will recall 500 employees

Porter Airlines plans to restart flying in September, will recall 500 employees

TORONTO — Porter Airlines is pushing back the date it plans to resume flying to Sept. 8, nearly 18 months after it suspended flights due to the pandemic. The airline has delayed the resumption of its flights several times.
Read more >