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National Business
National Business
AP source: US authorities investigate crypto exchange FTX
NEW YORK (AP) — The swift collapse of cryptocurrency exchange FTX sent more shockwaves through the crypto world on Thursday, with authorities now investigating the firm for potential securities violations and analysts bracing for a further downturn i
Nov 10, 2022 10:58 AM
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WSP Global raises financial outlook as it looks to grow across its core business
MONTREAL — WSP Global Inc. raised its financial outlook as it said it's looking to grow its business across its core markets.
Nov 10, 2022 10:12 AM
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Larger-than-expected interest rate hikes would lead to economic contraction: PBO
OTTAWA — The parliamentary budget officer says the Canadian economy would contract slightly in 2023 if central banks raise interest rates more than anticipated.
Nov 10, 2022 10:02 AM
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Biden to meet China's Xi on Monday for Taiwan, Russia talks
WASHINGTON (AP) — President Joe Biden will meet Monday with President Xi Jinping on the sidelines of next week’s Group of 20 Summit in Bali, Indonesia, a face-to-face meeting that comes amid increasingly strained U.S.
Nov 10, 2022 9:53 AM
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US consumer inflation eased to 7.7% over past 12 months
WASHINGTON (AP) — Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the nation might be easing as the economy slows. Consumer inflation reached 7.
Nov 10, 2022 9:44 AM
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Musk ends remote work at Twitter, warns of troubles ahead
Elon Musk has emailed Twitter employees, most working remotely, ordering them to return to the office immediately for at least 40 hours a week and warning of “difficult times ahead.
Nov 10, 2022 8:42 AM
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Canadian Tire sees 'choppy' consumer demand in latest quarter as cost of living grows
Consumer spending on essentials like grocery, gas and services remains strong but demand for non-essential goods is showing signs of softening, the head of Canadian Tire Corp. said.
Nov 10, 2022 8:21 AM
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Pathways president says industry will be judged on whether it accomplishes its goals
CALGARY — Not that many years ago, the idea of showcasing the Canadian oilsands at an international summit on climate change would have been laughable.
Nov 10, 2022 8:18 AM
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Brookfield reports Q3 profit down, revenue and operating funds from operations up
TORONTO — Brookfield reported its third-quarter profit fell compared with a year ago when it benefited from higher valuation and disposition gains. The alternative asset manager, which keeps its books in U.S.
Nov 10, 2022 7:04 AM
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Tips for first-time homebuyers as affordability in Canada continues to deteriorate
It took three years for Ross Davison and his wife to purchase their first home. The Ottawa couple began looking before the pandemic but were repeatedly sidelined by rapidly rising house prices, climbing interest rates and tougher mortgage rules.
Nov 10, 2022 7:00 AM
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