National Business

Lynx Air ceased to fly this week, the latest in a long line of discount carriers to bite the departures dust — brought down in part by stiff competition, high fees and Canada’s vast geography.

NEW YORK (AP) — Stocks held relatively steady on Wall Street near their record levels. The S&P 500 managed a gain of 0.2% Tuesday. The Dow Jones Industrial Average fell 0.2%, and the Nasdaq composite rose 0.4%.

TORONTO — The start of first quarter bank earnings saw Scotiabank and BMO put more money aside for loans that may go sour in the near-term, while they forecast better conditions ahead.

TORONTO — A new Equifax Canada survey finds people are increasingly worried about a potential rise in fraudulent activity as economic pressures build. "Any time you see financial stress or an economic downturn, inevitably ...

TORONTO — More than 21,000 Toyota vehicles have been recalled in Canada due to flaws in the rear axle that may cause a vehicle crash, says the auto manufacturer.

HALIFAX — More than 230 unionized workers in the Halifax area walked off the job Tuesday at the Autoport, one of North America’s largest transshipment facilities for imported vehicles.

TORONTO — BMO Financial Group cited numerous headwinds as it reported first-quarter results where revenue and earnings fell short of expectations. The bank's net income totalled $1.

Ottawa is freezing the threshold at which the Competition Bureau must be notified of a merger.

American consumers are feeling less confident this month as concerns over a possible recession grew despite most recent data pointing to a healthy U.S. economy.

It's not easy to make a go of it as an upstart airline in Canada.