Skip to content

National Business

FTX's Bankman-Fried faces new charges in updated indictment

FTX's Bankman-Fried faces new charges in updated indictment

NEW YORK (AP) — FTX founder Sam Bankman-Fried faced new fraud charges Thursday, as prosecutors accused him of cheating thousands of investors out of billions of dollars while casting himself as a trustworthy ”savior of the cryptocurrency industry" —
Media advocate says Google is 'bullying' Canadians in temporarily blocking news

Media advocate says Google is 'bullying' Canadians in temporarily blocking news

OTTAWA — Advocates for the print and digital media industry are pushing back against Google, which they believe is bullying Canadians by limiting access to online news as part of a fight with Ottawa.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,188.19, down 5.14): Suncor Energy Inc. (TSX:SU). Energy. Up 89 cents, or 2.01 per cent, to $45.24 on 16.3 million shares.
Federal and three provincial privacy commissioners launch TikTok investigation

Federal and three provincial privacy commissioners launch TikTok investigation

GATINEAU, Que. — Federal and several provincial privacy authorities say they will jointly investigate TikTok. The Privacy Commissioner of Canada says it has teamed up with the offices of the information and privacy commissioners in B.C.
S&P/TSX composite stays flat Thursday despite energy gains, U.S. markets rise

S&P/TSX composite stays flat Thursday despite energy gains, U.S. markets rise

TORONTO — Canada's main stock index ended the day largely unchanged as strength in the energy sector was offset by softness in other sectors, while U.S. markets rose. The S&P/TSX composite index was down 5.14 points at 20,188.19.
Nunavut projects operating deficit for the 2023-2024 fiscal year

Nunavut projects operating deficit for the 2023-2024 fiscal year

IQALUIT, Nunavut — Nunavut's finance minister tabled the territory's budget for the 2023-2024 fiscal year on Thursday, pledging it will ensure a bright future for Nunavummiut despite a projected operating deficit and challenges posed by carbon pricin
Stocks climb, breaking a 4-day losing streak for Wall Street

Stocks climb, breaking a 4-day losing streak for Wall Street

NEW YORK (AP) — Stocks shook off a midday slump and ended higher on Wall Street, ending a four-day losing streak. The S&P 500 rose 0.5% Thursday. The Nasdaq composite and the Dow Jones Industrial Average also rose.
Judge grants motion by state of Michigan to appeal key decision in Line 5 dispute

Judge grants motion by state of Michigan to appeal key decision in Line 5 dispute

WASHINGTON — The U.S.
Caisse de dépôt et placement du Québec reports loss of 5.6 per cent in 2022

Caisse de dépôt et placement du Québec reports loss of 5.6 per cent in 2022

MONTREAL — The Caisse de dépôt et placement du Québec reported a loss of 5.6 per cent in 2022, a year marked by a simultaneous decrease in both stock and bond markets. Net assets declined by $18 billion to $402 billion as of Dec.
Ontario government to table budget March 23

Ontario government to table budget March 23

TORONTO — Ontario is set to introduce its budget on March 23. Finance Minister Peter Bethlenfalvy announced the date today, saying the budget will outline a "strong future" for Ontario during uncertain economic times.