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National Business
National Business
Smith Financial looks to merge portfolio companies Fairstone Bank and Home Trust
TORONTO — Smith Financial Corp. is merging a pair of its portfolio companies in a move it says will create the leading alternative lender in Canada.
Mar 26, 2024 4:49 PM
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S&P/TSX composite ticks lower Tuesday, U.S. markets also take a dip
TORONTO — Canada's main stock index was down almost 30 points Tuesday, led by weakness in energy and base metals, while U.S. markets also moved into the red after drifting higher for most of the day. A late-day drop for Nvidia dragged U.S.
Mar 26, 2024 4:47 PM
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Trump's social media company gains in its first day of trading on Nasdaq
NEW YORK (AP) — Shares of Donald Trump’s social media company rose about 16% in the first day of trading on the Nasdaq, boosting the value of Trump's large stake in the company as well as the smaller holdings of fans who purchased shares as a show of
Mar 26, 2024 4:16 PM
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Stock market today: Wall Street pulls back further from its all-time highs
NEW YORK (AP) — Wall Street slipped a bit further from its record heights. The S&P 500 fell 0.3% Tuesday for its third straight modest drop. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite fell 0.4%.
Mar 26, 2024 4:07 PM
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CFIB says 200,000 small businesses took new loans to meet CEBA repayment deadline
TORONTO — Roughly 200,000 small businesses took on new debt to access the forgivable portion of their pandemic relief loans from the federal government, the Canadian Federation of Independent Business said Tuesday.
Mar 26, 2024 4:05 PM
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Parkland puts 157 convenience store and fuel station locations up for sale
CALGARY — Fuel retailer Parkland Corp. has engaged two real estate firms to help it sell 157 of its gas and convenience store locations across six provinces.
Mar 26, 2024 3:03 PM
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Enbridge joint venture to connect Permian Basin natural gas to U.S. Gulf Coast
CALGARY — Pipeline giant Enbridge Inc. has signed a deal to form a joint venture to help connect Permian Basin natural gas to liquefied natural gas export terminals on the U.S. Gulf Coast.
Mar 26, 2024 12:51 PM
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Need to improve Canadian productivity has reached emergency level, BoC official says
HALIFAX — A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a threat than in the past few decades.
Mar 26, 2024 12:12 PM
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Canadian National Railway Co. releases new Indigenous relations policy
MONTREAL — Canadian National Railway Co. has released a new Indigenous relations policy for the railway months after its advisory council of prominent Indigenous leaders resigned en masse.
Mar 26, 2024 12:10 PM
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Luxury parka maker Canada Goose laying off 17% of corporate staff
TORONTO — Canada Goose Holdings Inc. says it is laying off 17 per cent of its global corporate workforce.
Mar 26, 2024 11:25 AM
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