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National Business
National Business
Biggest mistakes that could tarnish, or even tank, your credit rating
Before reaching financial milestones such as a car, home, or savings account, a credit rating might be the only thing young people own.
Nov 28, 2023 10:52 AM
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Fed's Waller: Interest rates are likely high enough to bring inflation back to 2% target
WASHINGTON (AP) — A key Federal Reserve official said Tuesday that he is “increasingly confident” that the Fed's interest rate policies will succeed in bringing inflation back to the central bank's 2% target level.
Nov 28, 2023 10:19 AM
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Porter, Air Transat launch joint venture to gird against domestic competition
MONTREAL — Porter Airlines and Air Transat are announcing a joint venture as the two carriers look to expand their range of destinations and tap into each other's markets.
Nov 28, 2023 10:19 AM
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American consumers more confident in November as holiday shopping season kicks into high gear
American consumers are feeling slightly more confident this month as the all-important holiday shopping season kicks into high gear. The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 102 from 99.
Nov 28, 2023 10:13 AM
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Pipeline company TC Energy raises growth outlook for 2023
CALGARY — TC Energy Corp. is raising its financial guidance for the year. The company says it now expects its comparable earnings before interest, taxes, depreciation and amortization for 2023 to be up about eight per cent from 2022.
Nov 28, 2023 10:12 AM
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Stock market today: Wall Street drifts in early trading as November's momentum fades
BANGKOK — Stocks are listless in early trading on Wall Street as the market’s big November rally continues to stall. The S&P 500 was down 0.1% in the early going Tuesday.
Nov 28, 2023 9:45 AM
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Panama's Supreme Court declares 20-year contract for Canadian copper mine unconstitutional
PANAMA CITY (AP) — Panama’s Supreme Court on Tuesday declared unconstitutional a 20-year concession for a Canadian copper mine that had sparked weeks of protests by environmentalists and others who argued it would damage a forested coastal area and t
Nov 28, 2023 9:31 AM
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Canada Goose buys European knitwear supplier Paola Confectii
TORONTO — Canada Goose Holdings Inc. says it has acquired a long-standing knitwear supplier and its European manufacturing facility. Financial terms of the deal for the operating assets of Paola Confectii Manufacturing were not immediately available.
Nov 28, 2023 9:13 AM
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Scotiabank reports Q4 profit down from year ago, provision for credit losses up
TORONTO — Scotiabank reported its fourth-quarter profit fell compared with a year ago as the amount it set aside to cover bad loans more than doubled. The bank said Tuesday its net income totalled nearly $1.39 billion or $1.
Nov 28, 2023 8:27 AM
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Government impersonation, phishing are top financial scams, Interac survey finds
TORONTO — A new Interac survey finds government impersonation is one of the biggest financial scams plaguing people across Canada.
Nov 28, 2023 8:00 AM
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