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National Business
Winter 'Freedom Convoy' blockades cost billions to Canada's economy, inquiry hears
OTTAWA — Transport Canada estimates as much as $3.9 billion in trade activity was halted because of border blockades across the country related to protests against COVID-19 restrictions last winter, a public inquiry heard Wednesday.
Nov 16, 2022 3:00 PM
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Manitoba Hydro seeks rate hikes and issues warning about government targets
WINNIPEG — Manitoba Hydro is asking the provincial regulator, the Public Utilities Board, to approve electricity rate increases of 3.5 per cent in each of the next two years.
Nov 16, 2022 2:59 PM
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Poland, NATO say missile strike wasn't a Russian attack
PRZEWODOW, Poland (AP) — NATO member Poland and the head of the military alliance both said Wednesday that a missile strike in Polish farmland that killed two people appeared to be unintentional and was probably launched by air defenses in neighborin
Nov 16, 2022 2:09 PM
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Amazon begins mass layoffs among its corporate workforce
NEW YORK (AP) — Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment.
Nov 16, 2022 2:07 PM
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Wall Street slips as Target stumbles and weighs on retailers
NEW YORK — Retailers and technology companies led a broad slide for stocks Wednesday after a dismal financial report from Target overshadowed a positive retail sector report from the government. The S&P 500 fell 0.
Nov 16, 2022 1:59 PM
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S&P/TSX composite edges down, U.S. stock markets lower
TORONTO — Canada's main stock index slipped Wednesday as October inflation data was released, pulled lower by losses in energy and metals, while U.S. markets were also down. The S&P/TSX composite index closed down 36.82 points at 19,957.96.
Nov 16, 2022 1:58 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,957.96, down 36.82): Manulife Financial Corp. (TSX:MFC). Financials. Down 16 cents, or 0.68 per cent, to $23.33 on 19.
Nov 16, 2022 1:55 PM
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Loblaw, Metro warn food inflation could persist as suppliers continue to hike prices
Two of Canada’s grocers say food suppliers are continuing to pass along new cost increases, signalling higher food prices will persist into 2023. Loblaw Cos. Ltd. and Metro Inc.
Nov 16, 2022 1:31 PM
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Trump, bruised by midterms, vows to bring down Biden in fresh bid for U.S. president
WASHINGTON — Donald Trump, the twice-impeached former U.S. president, tossed his red ball cap back into the ring Tuesday — an exercise some observers say is as much about judicial self-preservation as it is a brazen display of political ambition.
Nov 16, 2022 1:27 PM
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Tom Brady, Larry David, other celebrities named in FTX suit
NEW YORK (AP) — A host of Hollywood and sports celebrities including Larry David and Tom Brady were named as defendants in a class-action lawsuit against cryptocurrency exchange FTX, arguing that their celebrity status made them culpable for promotin
Nov 16, 2022 1:26 PM
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