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National Business
National Business
TFI International earns US$131.4 million in fourth quarter
MONTREAL — TFI International Inc. says it earned US$131.4 million in the fourth quarter, down from US$153.5 million a year earlier. The Montreal-based transportation and logistics company says revenue for the quarter ended Dec. 31 was US$1.
Feb 8, 2024 2:19 PM
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CTV's flagship investigative series 'W5' among programs hit by Bell Media cuts
CTV's long-running flagship investigative series "W5" will cease to exist in its current form after parent company BCE Inc. announced widespread layoffs.
Feb 8, 2024 2:13 PM
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Fairfax Financial shares down after report by short seller Muddy Waters Research
TORONTO — Shares of Fairfax Financial Holdings Ltd. were down almost 12 per cent Thursday after a short seller alleged the company manipulated asset values.
Feb 8, 2024 2:08 PM
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Local news cuts at Bell come after it was granted $40M in regulatory relief: St-Onge
OTTAWA — As Bell Media blamed regulators and policymakers for its decision to announce a fresh round of layoffs Thursday, federal and provincial politicians accused the company of unnecessarily killing off local journalism.
Feb 8, 2024 2:00 PM
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S&P/TSX composite down almost 50 points, U.S. stock markets post gains
TORONTO — Canada's main stock index posted a small loss Thursday as weakness in telecom and utilities stocks weighed on the market, while U.S. markets made gains. The S&P/TSX composite index was down 49.54 points at 20,919.64.
Feb 8, 2024 1:54 PM
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Bombardier stock drops even as plane sales, growth forecasts rise amid supply snarls
MONTREAL — Bombardier Inc. shares slid almost 15 per cent on Thursday after the business jet maker forecast slower-than-expected growth, despite a jump in plane deliveries and profit last year.
Feb 8, 2024 1:29 PM
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Stock market today: Wall Street holds near record levels, with S&P 500 on precipice of 5,000
NEW YORK (AP) — Stocks held near record levels on Wall Street as evidence kept piling up to show the job market remains remarkably solid. The S&P 500 edged up 0.
Feb 8, 2024 1:12 PM
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Homebuilders group pushing for 30-year mortgages to boost construction in Canada
OTTAWA — The group that represents residential builders in Canada wants Ottawa to offer a 30-year amortization period for insured mortgages on new homes.
Feb 8, 2024 12:57 PM
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Sun Life CEO optimistic on Canadian dental plan potential
TORONTO — Sun Life Financial Inc.'s chief executive says the potential upside of operating the new Canadian dental care plan outweighs the risks as the insurer pushes further into the health benefits space.
Feb 8, 2024 12:45 PM
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Protectionist policy promises in U.S. election will be a challenge: Alberta premier
WASHINGTON — Premier Danielle Smith says no matter the outcome of the United States election, there will be challenges for Canada and Alberta.
Feb 8, 2024 11:42 AM
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