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National Business
National Business
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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National employment numbers for April from Statistics Canada, at a glance
OTTAWA — A quick look at Canada's April employment (numbers from the previous month in brackets): Unemployment rate: 5.2 per cent (5.3) Employment rate: 61.9 per cent (61.9) Participation rate: 65.3 per cent (65.
May 6, 2022 6:28 AM
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Asian stocks follow Wall St lower as rate hike worries grow
BEIJING (AP) — Asian stocks followed Wall Street lower Friday as fears spread that U.S. interest rate hikes to fight inflation might stall economic growth. Shanghai, Hong Kong, Seoul and Sydney declined.
May 5, 2022 10:55 PM
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