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National Business

Feds set aside $7B from Canada Growth Fund for carbon-price contract guarantees

Feds set aside $7B from Canada Growth Fund for carbon-price contract guarantees

OTTAWA — Almost half of the Canada Growth Fund for clean technology investments will be allocated to special contracts intended to give companies the confidence they need to make major investments to lower their greenhouse-gas emissions.
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Freeland's fiscal update pledges new guardrails to keep deficits in check

Freeland's fiscal update pledges new guardrails to keep deficits in check

OTTAWA — The Liberal government's fall economic statement acknowledges the cost-of-living crisis weighing on Canadians but offers few new measures to tackle it, while pledging to keep deficits in check.
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Best Buy posts better-than-expected 3Q profits but sales sluggish amid spending malaise

Best Buy posts better-than-expected 3Q profits but sales sluggish amid spending malaise

NEW YORK (AP) — Best Buy Co.
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Federal government posts $8.2 billion deficit between April and September this year

Federal government posts $8.2 billion deficit between April and September this year

OTTAWA — The federal government recorded a budgetary deficit of $8.2 billion between April and September, $3.9 billion of which was in September.
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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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,109.97, up 136.50 points): Manulife Financial Corp. (TSX:MFC). Finance. Down 36 cents, or 1.36 per cent, to $26.13 on 17.
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S&P/TSX composite down more than 100 points, U.S. stock markets also lower

S&P/TSX composite down more than 100 points, U.S. stock markets also lower

TORONTO — Canada's main stock index moved lower Tuesday, led by industrial and utilities stocks, while U.S. markets also declined. The S&P/TSX composite index closed down 136.50 points at 20,109.97.
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Champagne expects NextStar to bring in 'very few' foreign workers to help build plant

Champagne expects NextStar to bring in 'very few' foreign workers to help build plant

Federal ministers on Tuesday downplayed the number of foreign workers NextStar Energy Inc. will likely bring in to help build its heavily subsidized battery plant in Windsor, Ont., without providing specifics as to how many they expect will come.
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Five new affordability measures in the Liberal government's fall fiscal update

Five new affordability measures in the Liberal government's fall fiscal update

OTTAWA — Finance Minister Chrystia Freeland tabled a fall economic statement on Tuesday that aims to support middle-class Canadians amid soaring consumer prices and looming mortgage renewals.
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Key highlights from the Liberals' 2023 fall economic statement

Key highlights from the Liberals' 2023 fall economic statement

OTTAWA — Finance Minister Chrystia Freeland tabled her fall economic statement on Tuesday, updating Canadians on the country's financial health and introducing some new measures to target the housing crisis. Here are the highlights. — $20.
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'Your priorities are backwards,' Bell tells CRTC during Online Streaming Act hearing

'Your priorities are backwards,' Bell tells CRTC during Online Streaming Act hearing

Bell Media-owner BCE Inc. wants the federal broadcasting regulator to create a news fund that would provide money to broadcasters and require foreign streamers to contribute to the subsidy through their Canadian content spending.
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