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National Business
National Business
Canadian business insolvencies surge almost 42 per cent from last year
OTTAWA — Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.
Nov 3, 2023 10:21 AM
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Tim Hortons seeking more afternoon, evening sales as parent reports US$364M profit
TORONTO — Long associated with morning coffee runs and breakfast, Tim Hortons is setting its sights on dominating the second half of the day too. "We are really super excited about the opportunities to be had in the p.m.
Nov 3, 2023 10:17 AM
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Enbridge to purchase U.S. renewable gas facilities for US$1.2 billion
CALGARY — Canadian pipeline giant Enbridge Inc. has signed a deal to purchase seven existing renewable natural gas facilities in Texas and Arkansas for US$1.2 billion.
Nov 3, 2023 9:55 AM
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OSC tribunal approves $8M settlement over RBC accounting practices
TORONTO — The Ontario Securities Commission has approved an $8-million settlement with Royal Bank of Canada over issues with its tracking of costs related to internal software development.
Nov 3, 2023 9:40 AM
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Trans Mountain Corp. issued stop-work order for environmental non-compliance
CALGARY — The company building the Trans Mountain pipeline expansion has been issued a temporary stop-work order due to environmental non-compliance related to a wetland near Abbotsford, B.C.
Nov 3, 2023 8:21 AM
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Canada’s jobless rate rises to 5.7%, fuelling bets Bank of Canada rate hikes are done
OTTAWA — Canada’s unemployment rate rose to 5.7 per cent last month as job opportunities became less plentiful in an economy weighed down by high interest rates.
Nov 3, 2023 7:59 AM
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Magna beats expectations with profit boost as light vehicle production ramps up
Magna International Inc. is reporting a jump in profits and revenues for its third quarter, beating analyst expectations. The auto parts manufacturer, which keeps its books in U.S.
Nov 3, 2023 7:24 AM
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Here's a quick glance at unemployment rates for October, by Canadian city
OTTAWA — The national unemployment rate was 5.7 per cent in October. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Nov 3, 2023 6:20 AM
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Here's a quick glance at unemployment rates for October, by province
OTTAWA — Canada's national unemployment rate was 5.7 per cent in October. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10 per cent (9.7) _ Prince Edward Island 6.
Nov 3, 2023 6:20 AM
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National employment numbers for October from Statistics Canada, at a glance
OTTAWA — A quick look at Canada's October employment (numbers from the previous month in brackets): Unemployment rate: 5.7 per cent (5.5) Employment rate: 61.9 per cent (62.0) Participation rate: 65.6 per cent (65.
Nov 3, 2023 6:20 AM
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