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National Business
National Business
Telus reports higher profits as it touts diversified business model
Telus Corp.
May 6, 2022 12:40 PM
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US added 428,000 jobs in April despite surging inflation
WASHINGTON (AP) — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.
May 6, 2022 11:36 AM
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Dorel shares fall 9% after posting third-straight quarterly loss in first quarter
MONTREAL — Dorel Industries Inc. shares plunged nine per cent as the Montreal-based company lost money for a third-straight quarter on continued supply chain issues and high inflation.
May 6, 2022 10:59 AM
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Stelco beats expectations as profit more than doubles despite challenging start to Q1
HAMILTON — Stelco Holdings Inc. beat expectations as it reported a strong quarter despite a challenging start to the year. The Hamilton-based steel maker says its net income for the first quarter more than doubled to $262 million or $3.
May 6, 2022 10:09 AM
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Nova Scotia announces $19.3 million to help two largest airports attract new routes
HALIFAX — Nova Scotia’s two largest airports are getting $19.3 million in provincial funding to attract new airline routes.
May 6, 2022 9:50 AM
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Fewer home bids easing competition for some, but prices still high: brokers
TORONTO — Prospective buyers who have grown tired of going up against dozens of competitors to purchase a home are starting to get some relief from the frenzy seen over the past two years.
May 6, 2022 9:38 AM
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Chorus CEO says air travel poised for 'extremely strong' recovery this summer
HALIFAX — The head of Chorus Aviation Inc. says travellers are returning to the skies en masse, leaving the company poised to benefit after feeling the pinch of COVID-19's fifth wave last quarter.
May 6, 2022 8:34 AM
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Enbridge reports $1.93B first-quarter profit as energy demand and prices grow
CALGARY — Pipeline giant Enbridge Inc. will accelerate investments in low-carbon technologies as the war in Ukraine drives global concerns about energy supply and security, chief executive Al Monaco said Friday.
May 6, 2022 8:31 AM
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Here's a quick glance at unemployment rates for April, by Canadian city
OTTAWA — The national unemployment rate was 5.2 per cent in April. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
May 6, 2022 6:29 AM
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Here's a quick glance at unemployment rates for April, by province
OTTAWA — Canada's national unemployment rate was 5.2 per cent in April. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.8 per cent (12.9) _ Prince Edward Island 8.
May 6, 2022 6:28 AM
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