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National Business
North American stock markets fall ahead of CPI report in U.S., employment in Canada
TORONTO — North American stock markets fell sharply as investors girded for Friday's inflation numbers in the U.S. ahead of an expected Federal Reserve rate hike next week.
Jun 9, 2022 5:14 PM
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Soaring fuel prices dig into Transat earnings despite travel rebound
MONTREAL — Skyrocketing jet fuel prices and the COVID-19 pandemic ate into the profits of Transat A.T. Inc. in its second quarter, despite higher revenues as air travel began to rebound, sparking hopes of a turbocharged summer.
Jun 9, 2022 4:51 PM
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Canadian dairy sales expected to stay strong despite potential price hike: Saputo
Global dairy giant Saputo Inc. is confident demand for its products will remain strong in Canada despite efforts to increase farm gate milk prices for the second time this year.
Jun 9, 2022 4:24 PM
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SNC engineers ordered back to office with one business day's notice: union
A union representing SNC-Lavalin Group Inc. engineers has filed a complaint with the national labour board alleging bad-faith bargaining after a subsidiary ordered workers back to the office full-time with one business day's notice.
Jun 9, 2022 3:19 PM
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CIBC latest bank to raise wages amid tight labour market, adds boost to minimum pay
CIBC is the latest bank to announce wage increases in an effort to attract and retain employees in a tight labour market.
Jun 9, 2022 2:21 PM
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Nutrien to accelerate ramp-up of annual potash production capacity
Nutrien Ltd., the Canadian company that is the largest fertilizer producer in the world, has announced a major ramp-up of potash production capacity as the war in Ukraine drives concern over global food security.
Jun 9, 2022 12:55 PM
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'Brought down to my knees:' Restaurateur slams changes to New Brunswick immigration
When Michael Petrovici posts a job opening for one of his northern New Brunswick restaurants, he's lucky if he gets one application.
Jun 9, 2022 12:06 PM
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Molson Canada reaches tentative agreement with striking employees in Montreal
MONTREAL — A tentative agreement has been reached between Molson Canada and the union representing some 425 workers in the Montreal area who have been on strike since March.
Jun 9, 2022 11:18 AM
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How younger Canadians can prepare themselves for a potential recession
TORONTO — "I'd be lying if I said a looming recession wasn't worrying," says Braveen Kumar, who is currently working on building his freelance business.
Jun 9, 2022 10:00 AM
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Europe's central bank to hike rates in July, 1st in 11 years
AMSTERDAM (AP) — The European Central Bank will raise interest rates next month for the first time in 11 years, followed by another hike in September, as it catches up with other central banks worldwide in pivoting from supporting the economy during
Jun 9, 2022 9:45 AM
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