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National Business
Competition Bureau approves RBC's proposed takeover of HSBC Canada
GATINEAU, Que. — The Competition Bureau has cleared RBC's proposed $13.5-billion takeover of HSBC Bank Canada despite concerns about concentration in Canada's financial sector.
Sep 1, 2023 11:53 AM
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US employers added a solid 187,000 jobs in August in sign of a still-resilient labor market
WASHINGTON (AP) — America's employers added 187,000 jobs in August, evidence of a slowing but still-resilient labor market despite the high interest rates the Federal Reserve has imposed.
Sep 1, 2023 11:41 AM
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Economists see Bank of Canada holding on rates after surprise GDP contraction
OTTAWA — Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada's rate hiking campaign may be coming to an end.
Sep 1, 2023 11:13 AM
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Stock market today: Wall Street opens higher following signal that labor market is cooling
NEW YORK (AP) — Stocks are opening higher on Wall Street after a closely watched report showed that the job market, while still healthy, has been showing some signs of cooling.
Sep 1, 2023 9:45 AM
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Restaurant Brands International receives approval for share buyback plan
TORONTO — Restaurant Brands International Inc. has received approval from its board of directors to allow it to repurchase up to US$1 billion of its common shares over the next two years. Through the approval, which last until Sept.
Sep 1, 2023 9:26 AM
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CWB Financial Group reports third quarter profit up from a year ago
EDMONTON — CWB Financial Group reported its third-quarter profit rose compared with a year ago. The Edmonton-based bank says its common shareholders' net income totalled $83.1 million for the quarter ended July 31, up from $70 million a year earlier.
Sep 1, 2023 8:34 AM
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Judge blocks Arkansas law requiring parental OK for minors to create social media accounts
LITTLE ROCK, Ark.
Aug 31, 2023 9:14 PM
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Intact Financial estimates Q3 losses at $570 million from wildfires
TORONTO — Intact Financial Corp. in a report Thursday estimated that its catastrophe losses due to wildfires and other weather events totalled about $570 million for the third quarter so far.
Aug 31, 2023 5:55 PM
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More Canadians opting for home co-ownership amid affordability crunch: Royal LePage
TORONTO — Affordability is the top reason cited among Canadians who opted for co-ownership with family members and friends, according to a new Royal LePage survey.
Aug 31, 2023 5:51 PM
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Polar Express ride at the CNE in Toronto reopens after injury earlier this week
A popular ride at the Canadian National Exhibition in Toronto has reopened after a rider was injured earlier this week.
Aug 31, 2023 5:45 PM
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