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National Business
Calgary home sales reach new May record, new listings down: real estate board
CALGARY — The Calgary Real Estate Board says the market hit a new May record for sales as the number of properties that changed hands reached 3,120 last month.
Jun 1, 2023 2:52 PM
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Cannabis price 'race to the bottom' hurts market's future: OCS CEO
TORONTO — The head of Ontario's cannabis distributor says the "race to the bottom" happening with pot prices risks hurting the market's future.
Jun 1, 2023 2:32 PM
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Precision says wildfires in Alberta and B.C. have had a modest impact on operations
CALGARY — Precision Drilling Corp. says the wildfires in Alberta and B.C.
Jun 1, 2023 2:29 PM
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'We don't see it': BRP CEO says sluggish economy no barrier, as Sea-Doos buoy profits
MONTREAL — BRP Inc. chief executive José Boisjoli says a sputtering economy has failed to put the brakes on the powersport company, with enough wealthy North Americans to buoy sales through the rest of the year.
Jun 1, 2023 2:26 PM
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'Earn while you learn:' Co-op programs gain appeal amid rising cost of living
HALIFAX — In her final years of high school, teachers warned Ainsley Wallace and her classmates that going to university wouldn't guarantee them a dream job.
Jun 1, 2023 10:00 AM
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Renewable energy surges, driven by solar boom and high fuel prices, report finds
BERLIN (AP) — The world is set to add a record amount of renewable electricity capacity this year as governments and consumers seek to offset high energy prices and take advantage of a boom in solar power, according to a new report Thursday.
Jun 1, 2023 9:14 AM
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Laurentian Bank reports Q2 profit down from year ago, raises quarterly dividend
MONTREAL — Laurentian Bank of Canada raised its quarterly dividend as it reported a second-quarter profit of $49.3 million, down from $59.5 million a year ago.
Jun 1, 2023 7:38 AM
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BMO completes US$160M deal to purchase Air Miles loyalty rewards program
TORONTO — BMO Financial Group closed its acquisition of the Air Miles loyalty rewards program in Canada on Thursday, saying it plans to expand the program with new ways to earn and redeem points.
Jun 1, 2023 6:00 AM
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Europe sees inflation drop to 6.1%, but real relief for consumers will take months
FRANKFURT, Germany (AP) — Europe's inflation took a positive turn with a significant drop to 6.1%, but prices are still posing a pinch to shoppers who are yet to see real relief in what they pay for food and other necessities.
Jun 1, 2023 5:04 AM
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House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal to Senate
WASHINGTON (AP) — Veering away from a default crisis, the House approved a debt ceiling and budget cuts package late Wednesday, as President Joe Biden and Speaker Kevin McCarthy assembled a bipartisan coalition of centrist Democrats and Republicans a
May 31, 2023 9:27 PM
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