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National Business
National Business
Strong job growth points to COVID's fading grip on economy
WASHINGTON (AP) — In a buoyant sign for the U.S. economy, businesses stepped up their hiring last month as omicron faded and more Americans ventured out to spend at restaurants, shops and hotels despite surging inflation.
Mar 4, 2022 11:39 AM
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Parkland's profit hurt by refinery pause in aftermath of B.C. floods
CALGARY — Floods in B.C. and the temporary shutdown of the Trans Mountain pipeline in the fourth quarter of 2021 cost Parkland Corp. approximately $35 million.
Mar 4, 2022 11:23 AM
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MEG chief executive sees 'tremendous demand' for Alberta oil due to Ukraine
CALGARY — The chief executive of MEG Energy Corp. sees "tremendous demand" for Alberta oil due to the war in Ukraine and a European energy crisis.
Mar 4, 2022 10:42 AM
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Higher interest rates could dim valuations for VC-backed startups in Canada: experts
TORONTO — Venture capital experts say higher interest rates could trim sky-high valuations Canadian startups have grown accustomed to over the last couple of years, but not right away.
Mar 4, 2022 10:25 AM
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Collision to ban Russian government-backed organizations from tech conference
TORONTO — A global tech conference being held this summer in Toronto is barring businesses, government officials and media with ties to the Russian government from participating in this year's event.
Mar 4, 2022 9:59 AM
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'Really frustrating': Most communities in Nunavut have no banks
IQALUIT, Nunavut — Ameela Aqiatusuk lives in a town that has never had what many Canadians take for granted: a bank. “It's really frustrating.
Mar 4, 2022 1:00 AM
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Diversified bonds can provide volatility hedge while preserving capital
TORONTO — It’s been a tough run for bond markets as investors anticipate central bank interest rate rises like the Bank of Canada’s move this week, but financial advisers say it’s still important to have hedges in your portfolio to balance the risks
Mar 3, 2022 8:45 AM
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Heavyweight financials sector powers S&P/TSX composite to second-best day of year
TORONTO — Canada's main stock index had its second-best day of the year following strong bank results and hopes that the war in Ukraine will temper aggressive interest rate hikes next month.
Feb 25, 2022 2:32 PM
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Baytex celebrates 'remarkable turnaround'; announces share buyback program
CALGARY — Baytex Energy Corp.'s share price soared Friday on news the company has almost reached its net debt target and will institute a share buyback program in the second quarter of this year. The company's stock closed up 14.2 per cent to $5.71.
Feb 25, 2022 2:26 PM
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Canadian companies at risk from Russia cyberattacks in retaliation from sanctions
TORONTO — Canadian businesses are at risk of being targeted for online attacks if Russia chooses to retaliate against government sanctions, a cybersecurity expert said Friday.
Feb 25, 2022 2:08 PM
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