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National Business
National Business
Oil execs at World Petroleum Congress see global demand growing, not falling
CALGARY — Chief executives of the some of the world's biggest fossil fuel companies are meeting in Canada this week, united in their stance that "peak oil" isn't about to put them out of business anytime soon.
Sep 18, 2023 3:39 PM
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Rogers urged minister to not turn off its customers' access to 5G network on TTC
TORONTO — Before Industry Minister François-Philippe Champagne ruled Rogers Communications Inc.
Sep 18, 2023 2:00 PM
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Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'
WASHINGTON (AP) — Since Federal Reserve officials last met in July , the economy has moved in the direction they hoped to see: Inflation continues to ease , if more slowly than most Americans would like, while growth remains solid and the job market
Sep 18, 2023 11:58 AM
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BMO to shutter indirect retail auto finance business as bad debt mounts
MONTREAL — BMO Financial Group plans to close its indirect retail auto finance business in order to reroute resources, as borrowers dig deep to stay on top of recent interest rate hikes.
Sep 18, 2023 11:27 AM
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CMHC reports annual pace of housing starts down 1% in August
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada edged down one per cent in August compared with July.
Sep 18, 2023 8:51 AM
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Métro Média to declare bankruptcy as local journalism takes another hit
MONTREAL — Métro Média will declare bankruptcy this week, permanently ending its coverage of local government in parts of the province's two largest cities, the head of the Quebec newspaper publisher said Sunday.
Sep 17, 2023 5:25 PM
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UAW justifies wage demands by pointing to CEO pay raises. So how high were they?
NEW YORK (AP) — It’s been a central argument for the United Auto Workers union: If Detroit's three automakers raised CEO pay by 40% over the past four years, workers should get similar raises.
Sep 17, 2023 4:38 PM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Auto talks The contracts between Unifor and the three big U.S. automakers are set to expire on Monday at 11:59 p.m. The union is negotiating with Ford Motor Co.
Sep 17, 2023 1:27 PM
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Canadians showing more support for striking workers amid inflation, corporate profits
It was Samantha Henry’s first time on strike, and one that made headlines across the country. “Some people thought the strike would only last a week, a couple of days.
Sep 17, 2023 10:00 AM
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Inflation likely gained pace in August, economists expect, reversing progress
OTTAWA — Economists are forecasting inflation reaccelerated to around four per cent last month, reversing previous progress made as gasoline prices push inflation higher.
Sep 17, 2023 10:00 AM
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