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National Business
National Business
S&P/TSX composite closes down nearly 200 points, crude oil plummets
Canada's main stock index closed down almost 200 points Tuesday as the price of crude oil plunged and losses mounted in the energy and base metal sectors. It was the first day of trading in the U.S.
Jul 5, 2022 2:10 PM
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Chanel gets gently geometric in far-flung Paris couture
PARIS (AP) — Birds tweeted -- not fashionistas -- the day Chanel brought its couture guests to the calm of the Bois de Boulogne forest.
Jul 5, 2022 1:56 PM
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Vancouver's June home sales down 35% from last year, 16% from May: board
Last month's Greater Vancouver area home sales dropped by about 35 per cent since last June and 16 per cent from May 2022 as houses remained on the market longer and interest rates rose, the region's real estate board said Tuesday.
Jul 5, 2022 1:11 PM
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US indexes shake off an early slump and eke out gains
NEW YORK — Major stock indexes shook off an early slump and ended with meager gains on Wall Street Tuesday as worries about the economy continue to weigh on markets. Oil prices slumped, bringing the price of U.S.
Jul 5, 2022 1:08 PM
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Three charges laid for 2019 spill from Newfoundland's Hibernia offshore oil platform
ST. JOHN'S, N.L. — Newfoundland and Labrador's offshore oil regulator is laying charges in connection with a 2019 oil spill in the Hibernia field, which sits about 315 kilometres off the coast of St. John's.
Jul 5, 2022 12:25 PM
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Bank of Canada's rapid rate hikes likely to cause a recession, study finds
The Bank of Canada's strategy of rapidly increasing its key interest rate in an effort to tackle skyrocketing inflation will likely trigger a recession, says a new study released Tuesday
Jul 5, 2022 11:56 AM
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Report recommends pegging minimum wages to average incomes, graduated scale for teens
OTTAWA — A new report says Canada should replace its "haphazard and unpredictable" approach to minimum wages across the country with a clear formula based on average incomes.
Jul 5, 2022 10:48 AM
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Alberta to intervene in proceedings on Rogers-Shaw deal
The attorney general of Alberta will intervene in competition tribunal proceedings regarding the $26-billion merger between Rogers Communications Inc. and Shaw Communications Inc., according to a notice filed Monday.
Jul 5, 2022 9:20 AM
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Saskatchewan ranchers call for investigation into retail meat pricing
REGINA — A group of Canadian ranchers is calling for an investigation into meat pricing.
Jul 5, 2022 9:17 AM
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Saving for retirement is becoming out of reach for young Canadians
TORONTO — Twenty-four-year-old Jason Francone has always been pretty good with his money. "Coupons are my middle name; sales are in my DNA," he says. It's not just the art of bargain-hunting that he's mastered, though.
Jul 5, 2022 7:00 AM
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