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S&P/TSX composite down more than 100 points, U.S. stock markets also lower

S&P/TSX composite down more than 100 points, U.S. stock markets also lower

TORONTO — Canada's main stock index moved lower Tuesday, led by industrial and utilities stocks, while U.S. markets also declined. The S&P/TSX composite index closed down 136.50 points at 20,109.97.
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Champagne expects NextStar to bring in 'very few' foreign workers to help build plant

Champagne expects NextStar to bring in 'very few' foreign workers to help build plant

Federal ministers on Tuesday downplayed the number of foreign workers NextStar Energy Inc. will likely bring in to help build its heavily subsidized battery plant in Windsor, Ont., without providing specifics as to how many they expect will come.
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Five new affordability measures in the Liberal government's fall fiscal update

Five new affordability measures in the Liberal government's fall fiscal update

OTTAWA — Finance Minister Chrystia Freeland tabled a fall economic statement on Tuesday that aims to support middle-class Canadians amid soaring consumer prices and looming mortgage renewals.
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Key highlights from the Liberals' 2023 fall economic statement

Key highlights from the Liberals' 2023 fall economic statement

OTTAWA — Finance Minister Chrystia Freeland tabled her fall economic statement on Tuesday, updating Canadians on the country's financial health and introducing some new measures to target the housing crisis. Here are the highlights. — $20.
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'Your priorities are backwards,' Bell tells CRTC during Online Streaming Act hearing

'Your priorities are backwards,' Bell tells CRTC during Online Streaming Act hearing

Bell Media-owner BCE Inc. wants the federal broadcasting regulator to create a news fund that would provide money to broadcasters and require foreign streamers to contribute to the subsidy through their Canadian content spending.
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Federal Reserve minutes: Officials saw inflation slowing but will monitor data to ensure progress

Federal Reserve minutes: Officials saw inflation slowing but will monitor data to ensure progress

WASHINGTON (AP) — Federal Reserve officials concluded earlier this month that inflation was steadily falling and agreed to closely monitor incoming data to ensure that the pace of price increases would continue slowing toward their 2% target, accordi
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Here's how October's inflation data could affect mortgage renewals

Here's how October's inflation data could affect mortgage renewals

TORONTO — October's inflation rate fell to 3.1 per cent on a year-to-year basis — down from 3.8 per cent in September — mainly driven by lower gasoline prices, Statistics Canada reported on Tuesday.
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Founder of Binance, world’s largest crypto exchange, pleads guilty to anti-money laundering charge

Founder of Binance, world’s largest crypto exchange, pleads guilty to anti-money laundering charge

SEATTLE (AP) — The founder of Binance, the world’s largest cryptocurrency exchange, pleaded guilty Tuesday to a felony charge that he failed to take steps to prevent money laundering as the company agreed to pay more than $4 billion following an inve
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Statistics Canada says annual inflation rate slowed to 3.1% in October

Statistics Canada says annual inflation rate slowed to 3.1% in October

OTTAWA — The annual inflation rate in October cooled to its slowest pace since June as the price of gasoline tumbled compared with a spike higher a year earlier, Statistics Canada said Tuesday.
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Airline ticket prices fall 19 per cent amid less demand, more flights

Airline ticket prices fall 19 per cent amid less demand, more flights

Statistics Canada says airfares have plummeted over the past year, as airlines shore up capacity even while consumers think twice about travelling in a world of higher costs.
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