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National Business
National Business
S&P/TSX composite closes down, U.S. markets end lower after choppy day
TORONTO — Canada's main stock index closed down in a broad-based decline as encouraging economic data in the U.S. renewed fears of rate hikes only a day before Canada's central bank is set to announce its latest rate decision.
Sep 6, 2022 4:39 PM
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Indigo names new Peter Ruis new CEO, founder Heather Reisman to become exec. chair
TORONTO — Indigo Books & Music Inc. says Peter Ruis has been promoted to chief executive, replacing founder Heather Reisman, as the retailer grapples with changing consumer habits after two pandemic years.
Sep 6, 2022 3:25 PM
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Employer debt repayment benefits look to retain employees, alleviate financial stress
In 2019, Nick Smith graduated with $50,000 worth of debt — $30,000 in student loans and $20,000 with a student line of credit.
Sep 6, 2022 2:58 PM
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UN agency calls for safety zone around Ukraine nuclear plant
KYIV, Ukraine (AP) — The U.N.
Sep 6, 2022 2:44 PM
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New UK leader vows to tackle energy crisis, ailing economy
LONDON (AP) — Liz Truss became U.K. prime minister on Tuesday and immediately faced up to the enormous tasks ahead of her: curbing soaring prices, boosting the economy, easing labor unrest and fixing a national health care system burdened by long waiting lists and staff shortages.
Sep 6, 2022 2:42 PM
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Montreal home sales dropped 20% since August 2021: Quebec real estate association
MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal's housing market shifted last month as sales dropped 20 per cent year-over-year and active listings rose by 37 per cent.
Sep 6, 2022 2:18 PM
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Juul to pay nearly $440M to settle states' teen vaping probe
HARTFORD, Conn.
Sep 6, 2022 2:10 PM
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Average non-mortgage debt tops $21,000, up 2.4 per cent from last year, Equifax says
TORONTO — The amount of non-mortgage debt owed by Canadians is rising, boosted by new lending and higher spending linked to inflation, according to a new report by Equifax Canada.
Sep 6, 2022 2:00 PM
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Imperial signs deal with U.S.-based Air Products for hydrogen
CALGARY — Imperial Oil says it has reached a deal with a U.S.-based industrial gas company to supply low-carbon hydrogen for its proposed renewable diesel complex near Edmonton.
Sep 6, 2022 11:55 AM
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Turquoise Hill Resources signs definitive agreement with Rio Tinto
TORONTO — Turquoise Hill Resources Ltd. has signed a definitive agreement that will see Rio Tinto acquire the 49 per cent stake in the miner it does not already own. The deal follows an agreement in principle the companies reached last week.
Sep 6, 2022 11:38 AM
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