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Freeland touts opportunities of U.S. Inflation Reduction Act at ministers' meeting

Freeland touts opportunities of U.S. Inflation Reduction Act at ministers' meeting

TORONTO — The two big spending pressures on the federal government right now are health care and the global transition to a clean economy, Deputy Prime Minister and Finance Minister Chrystia Freeland said Friday.
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 Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,758.34, up 17.90 points): Suncor Energy Inc. (TSX:SU). Energy. Up 22 cents, or 0.5 per cent, to $44.13 on 12.8 million shares.
S&P/TSX composite notches slight gain, U.S. stock markets down on strong jobs data

S&P/TSX composite notches slight gain, U.S. stock markets down on strong jobs data

TORONTO — Canada's main stock index managed a slight gain on a day that saw markets swing notably following the release of better-than-expected jobs data in the U.S., which left markets in the U.S.
Quebec CEO of Future Electronics resigns, vows to fight sex allegations

Quebec CEO of Future Electronics resigns, vows to fight sex allegations

MONTREAL — A prominent Quebec businessman says he's stepping down from his role as chairman and CEO of electronics parts company Future Electronics to focus on protecting his reputation amid allegations reported this week that he had paid minors for
Wall Street takes a hit on hot jobs data, cold tech profits

Wall Street takes a hit on hot jobs data, cold tech profits

NEW YORK (AP) — Wall Street’s rally hit a wall after a surprisingly strong jobs report fueled worries about inflation and higher interest rates.
Investors made up 20 to 30% of homeowners in some provinces: Statistics Canada

Investors made up 20 to 30% of homeowners in some provinces: Statistics Canada

OTTAWA — New Statistics Canada data shows investors made up almost one third of homeowners in some provinces in 2020. The data agency says investors made up 31.
TRREB sees GTA home prices flatten, but realtors detect return of market activity

TRREB sees GTA home prices flatten, but realtors detect return of market activity

TORONTO — The Greater Toronto Area's real estate board saw home prices plateau in January after being in free fall and depressing sales since spring, but brokers see a return to activity already taking shape.
Airlines ask Supreme Court to hear case on passenger bill of rights

Airlines ask Supreme Court to hear case on passenger bill of rights

OTTAWA — A group of airlines is asking the Supreme Court of Canada to hear their case after a lower court largely upheld the validity of Canada's air passenger bill of rights. Air Canada and Porter Airlines Inc.
A surprising burst of US hiring in January: 517,000 jobs

A surprising burst of US hiring in January: 517,000 jobs

WASHINGTON (AP) — For nearly a year, the Federal Reserve has been on a mission to cool down the job market to help curb the nation's worst inflation bout in four decades. The job market hasn't been cooperating.
'Ready to roll': CP Rail preparing for KCS merger, ruling expected within weeks

'Ready to roll': CP Rail preparing for KCS merger, ruling expected within weeks

CALGARY — With the final decision by a U.S. regulator just weeks away, Canadian Pacific Railway Ltd.'s CEO says the company is "ready to roll" on its proposed merger with U.S. railroad Kansas City Southern.