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National Business
National Business
National rent prices decline year-over-year for first time since pandemic: report
Average asking rents declined nationally on a year-over-year basis for the first time in more than three years in October, said a report out Thursday. The report from Rentals.
Nov 7, 2024 12:08 PM
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'Aging membership, aging buildings:' Some legion branches struggle to keep doors open
MONTREAL — The Royal Canadian Legion branch in Montreal’s Verdun borough meets once a week in a community centre space it rents by the hour, less than 500 metres from the elegant brick building it sold over a decade ago when maintenance costs got too
Nov 7, 2024 11:08 AM
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Ottawa orders TikTok's Canadian arm to be dissolved over national security risks
The federal government is ordering the dissolution of TikTok's Canadian business after a national security review of the Chinese company behind the social media platform, but stopped short of ordering people to stay off the app.
Nov 7, 2024 10:59 AM
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Quebecor reports Q3 profit and revenue down from year ago
Quebecor Inc. says it recorded its best quarter for wireless customer acquisitions in its history during the three-month period that ended Sept. 30, though it reported its profit and revenue edged lower.
Nov 7, 2024 10:56 AM
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Manulife reports earnings up on Asia growth, says adding more AI tools
TORONTO — Manulife Financial Corp. reported a profit increase last quarter that was driven by growth in Asia, while the company says it's also seeing a boost from its push into artificial intelligence.
Nov 7, 2024 10:20 AM
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Slightly more Americans apply for unemployment benefits last week, but layoffs remain at low levels
The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels. The Labor Department reported Thursday that jobless claim applications rose by 3,000 to 221,000 for the week of Nov. 2.
Nov 7, 2024 10:11 AM
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Hundreds will lose access to safe consumption when some Toronto sites close: study
TORONTO — Hundreds of people will lose access to supervised consumption sites in Toronto when the province closes five of them next year, which will likely mean more public drug use and more overdoses, a new study suggests.
Nov 7, 2024 8:49 AM
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Canada Goose trims guidance as second-quarter revenue drops ahead of peak season
TORONTO — Canada Goose Holdings Inc. trimmed its financial guidance as it reported its second-quarter revenue fell compared with a year ago, thanks in part to weaker consumer confidence.
Nov 7, 2024 8:44 AM
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TC Energy cuts cost estimate for Southeast Gateway pipeline project in Mexico
CALGARY — TC Energy Corp.'s Southeast Gateway pipeline project in Mexico is on track to come in 11 per cent below budget and should be operational no later than mid-2025, the Calgary-based company said Thursday.
Nov 7, 2024 8:12 AM
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Barrick Gold reports US$483M Q3 profit, up from US$368M a year ago, revenue up 18%
TORONTO — Barrick Gold Corp. reported a third-quarter profit of US$483 million, up from US$368 million a year ago as its revenue rose 18 per cent. The gold miner, which keeps its books in U.S.
Nov 7, 2024 7:48 AM
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