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National Business
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The USMCA's self-destruct button: review clause conjures fears of 2018 all over again
WASHINGTON — It's been less than three years since the U.S.-Mexico-Canada Agreement replaced NAFTA as the law of the land in continental trade, and there are already hints of the existential anxiety that preceded it.
Mar 21, 2023 1:10 PM
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New Brunswick's $12.2-billion budget targets challenges that come with growth
FREDERICTON — The New Brunswick government tabled a $12.2-billion budget Tuesday that forecasts a small surplus and promises a funding boost to help stabilize the ailing health-care sector.
Mar 21, 2023 12:50 PM
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Bank and Trust Co. Association pushes for higher deposit limits
TORONTO — The Bank and Trust Companies Association is asking Canada's finance minister to consider raising the insurance limit of account deposits.
Mar 21, 2023 12:11 PM
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Yellen says bank situation stabilizing, different from 2008
WASHINGTON (AP) — Treasury Secretary Janet Yellen projected calm on Tuesday after recent regional bank collapses but told a gathering of bankers that additional rescue arrangements “could be warranted” if any new failures at smaller institutions jeop
Mar 21, 2023 11:23 AM
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Federal minimum wage rising to $16.65 per hour on April 1
OTTAWA — The federal minimum wage is rising to $16.65 per hour on April 1, up from $15.55. The government says the increase is based on the consumer price index, which rose 6.8 per cent in 2022.
Mar 21, 2023 10:52 AM
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N.W.T. diamond mine reports spill of 450 million litres of wastewater
YELLOWKNIFE — The Diavik Diamond Mine in the Northwest Territories says 450 million litres of wastewater spilled due to a broken pipeline. The spill took place on Feb.
Mar 21, 2023 9:52 AM
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US home sales surged in February as mortgage rates dipped
LOS ANGELES (AP) — Sales of previously occupied U.S. homes surged in February to the fastest pace in six months as homebuyers seized on a modest drop in mortgage rates. The nation’s median price also edged lower, its first annual drop since 2012.
Mar 21, 2023 9:22 AM
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Inflation in Canada continues to slow, reaffirming BOC's rate pause
OTTAWA — Canada's annual inflation rate continued to slow last month, reaffirming the central bank's decision to hold its key interest rate steady.
Mar 21, 2023 8:29 AM
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‘Everyone is basically at risk’: How to avoid falling victim to financial fraud
Alejandra Laria Aleaga was thrilled to see a job offer pop into her inbox in October 2021.
Mar 21, 2023 7:25 AM
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BlackBerry strikes new deal to sell portfolio of non-core patents
TORONTO — BlackBerry Ltd. has signed a deal to sell a portfolio of what it says are non-core patents related to mobile devices, messaging and wireless networking in an agreement that could be worth up to US$900 million.
Mar 21, 2023 7:24 AM
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