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Stock market today: Wall Street rallies on hopes that the Fed’s rate hikes are done
NEW YORK (AP) — U.S. stocks rallied after the Federal Reserve indicated it may not need to pump the brakes any harder on Wall Street and the economy. The S&P 500 rose 1.1% Wednesday. The Dow gained 221 points, and the Nasdaq composite jumped 1.
Nov 1, 2023 4:26 PM
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Labour shortages cost Canadian agriculture sector $3.5 billion in 2022: research
OTTAWA — The Canadian Agricultural Human Resource Council says labour shortages cost the agriculture sector $3.5 billion in sales in 2022. Research by the Conference Board of Canada on behalf of the council found the sector has a vacancy rate of 7.
Nov 1, 2023 4:12 PM
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Telus, TerreStar complete trial of mobile-to-satellite connectivity
MONTREAL — Telus Corp. says it has successfully trialled technology that allows smartphones to send and receive voice calls and text messages using satellites.
Nov 1, 2023 4:06 PM
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Canadian Dairy Commission delays farmgate milk price hike by three months
OTTAWA — The Canadian Dairy Commission is delaying a planned increase to the farmgate price of milk by three months as the food industry grapples with pressure to stabilize food prices. On Wednesday, the dairy commission said an increase of 1.
Nov 1, 2023 2:56 PM
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Calgary Real Estate Board reports 17 per cent increase in home sales for October
CALGARY — The Calgary Real Estate Board says the city saw 2,171 home sales in October, marking a 17 per cent increase compared with the same month last year and among the highest levels it has ever reported for October.
Nov 1, 2023 2:33 PM
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What you need to know about heat pumps
TORONTO — The federal government has ramped up financial support to help transition homeowners away from oil furnaces — the most expensive way to heat a home — to heat pumps instead.
Nov 1, 2023 1:10 PM
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Canada Goose lowers forecast amid 'increasingly challenging' global landscape
TORONTO — Canada Goose Holdings Inc. cut its financial guidance for its full year as it warned an "uncertain" and "increasingly challenging" global landscape along with an unseasonably warm September could hamper sales.
Nov 1, 2023 11:49 AM
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Cleanup is done on a big Kansas oil spill on the Keystone system, the company and EPA say
TOPEKA, Kan. (AP) — The operator of the Keystone pipeline system has finished cleaning up a massive December 2022 oil spill, and the creek affected by it is flowing naturally again, the company and the U.S. Environmental Protection Agency say.
Nov 1, 2023 11:42 AM
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U.S. job openings rise slightly to 9.6 million, sign of continued strength in the job market
WASHINGTON (AP) — Employers posted 9.6 million job openings in September, up from 9.5 million in August and a sign that the U.S. job market remains strong even as the U.S. Federal Reserve attempts to cool the economy. Layoffs fell to 1.
Nov 1, 2023 10:31 AM
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CDPQ to buy power transmission network in Brazil in deal valued at up to $108.5M
MONTREAL — The Caisse de dépôt et placement du Québec has signed a deal to acquire a 695-kilometre power transmission network in central Brazil in a transaction valued at up to $108.5 million.
Nov 1, 2023 10:04 AM
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