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National Business
National Business
Drop in oil prices helps push N.L. deficit forecast up by 68 per cent to $626M
ST. JOHN'S — The deficit forecast for Newfoundland and Labrador has been revised upward by almost 70 per cent, primarily due to a volatile oil market and a stronger Canadian dollar.
Aug 18, 2025 1:49 PM
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Wall Street holds at a standstill near its record heights
NEW YORK (AP) — Wall Street held near its records. The S&P 500 ended flat Monday, coming off its first loss after setting an all-time high in three consecutive days. The Dow Jones Industrial Average edged down 0.
Aug 18, 2025 1:05 PM
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Housing crunch: Nova Scotia opens rental units for health-care workers in South Shore
LUNENBURG — Nova Scotia's government says it has opened the first phase of a housing project dedicated to help health-care workers find homes in the South Shore. Susan Corkum-Greek, member of legislature for Lunenburg, N.S.
Aug 18, 2025 12:28 PM
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Forestry audit scheduled for B.C. licence for land covering spotted owl habitat
VICTORIA — British Columbia's independent forestry watchdog says it will conduct an audit of a logging licence for more than 1,000 square kilometres of land that encompasses critical habitat for the endangered northern spotted owl.
Aug 18, 2025 12:25 PM
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Carney, Ford shift focus to what 'we can control' amid U.S. trade uncertainty
OTTAWA — Prime Minister Mark Carney and Ontario Premier Doug Ford put the focus on making Canada globally competitive rather than securing a trade deal with the United States as they met in Ottawa on Monday.
Aug 18, 2025 12:18 PM
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Lawyers for alleged B.C. hijacker get more time to prepare bail application
The 39-year-old has been in custody at the pretrial facility in Surrey since his arrest.
Aug 18, 2025 10:58 AM
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Indigenous leaders on Trans Mountain lessons as Building Canada Act moves forward
OTTAWA — Two former Indigenous leaders on both sides of the debate over the Trans Mountain pipeline expansion say the federal government can't ignore First Nations on future infrastructure projects it seeks to approve.
Aug 18, 2025 10:38 AM
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Ontario increasing funding for housing-enabling infrastructure
Ontario Premier Doug Ford says the province is putting $1.6 billion more toward funds for municipalities to help them get housing built.
Aug 18, 2025 9:49 AM
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Conservative network Newsmax agrees to pay $67M in defamation case over bogus 2020 election claims
DENVER (AP) — The conservative network Newsmax will pay $67 million to settle a lawsuit accusing it of defaming a voting equipment company by spreading lies about President Donald Trump’s 2020 election loss, according to documents filed Monday.
Aug 18, 2025 9:44 AM
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Securities watchdog CIRO shut down some systems after cybersecurity threat found
TORONTO — The Canadian Investment Regulatory Organization says it shut down some of its systems as a precaution after identifying a cybersecurity threat on Aug. 11.
Aug 18, 2025 8:08 AM
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