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National Business
National Business
US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls
WASHINGTON (AP) — America’s employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes that left many workers temporarily off payrolls.
Nov 1, 2024 3:12 PM
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Calgary's October home sales flat over 2023 but supply for lower-priced homes lagging
CALGARY — The Calgary Real Estate Board says October home sales were mostly flat compared with last year's levels, but remained around one-quarter higher than long-term trends for the month.
Nov 1, 2024 2:39 PM
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Shares in Aecon up more than 10% after Q3 results top expectations
TORONTO — Shares of Aecon Group Inc. were up more than 10 per cent after it reported a third-quarter profit that fell compared with a year ago, but topped expectations. The company reported a third-quarter profit of $56.
Nov 1, 2024 1:35 PM
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Pathways seeking bids for part of its proposed carbon capture network: Imperial
CALGARY — The Pathways Alliance group of oilsands companies has issued a request for proposals to pipe manufacturers for the massive carbon capture and storage network it wants to build in northern Alberta. The CEO of Imperial Oil Ltd.
Nov 1, 2024 1:04 PM
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Cogeco charts path for 'sustainable growth' as it reports dip in profits for Q4
MONTREAL — Cogeco Inc. says it will begin a three-year transformation program in its 2025 fiscal year to set the company on what it calls "a path to sustainable growth.
Nov 1, 2024 12:40 PM
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Enbridge in talks about Mainline pipeline expansion as Canadian oil output grows
CALGARY — Enbridge Inc. has begun talks with its customers about expanding its Mainline pipeline network to handle growing volumes of Canadian oil output, the Calgary-based company said Friday.
Nov 1, 2024 12:00 PM
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OBSI becomes only banking complaints body as streamlining change takes effect
TORONTO — Canadians now have a single place to appeal banking issues after the federal government's simplification of the system took effect Friday.
Nov 1, 2024 11:35 AM
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U.S. senator calls out lack of TD executives charged in money laundering settlement
TORONTO — A U.S. senator is raising concerns that TD Bank Group executives did not face charges as part of the bank's settlement over its failure to detect large-scale money laundering. Sen. Elizabeth Warren says in a letter to the U.S.
Nov 1, 2024 11:17 AM
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Auto parts company Magna International lowers guidance amid production slump
TORONTO — Magna International Inc. cut its guidance for its full year after seeing its sales decrease last quarter amid a global production slump of light vehicles.
Nov 1, 2024 10:23 AM
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Laurentian Bank names veteran executive Robert Ouellette to board of directors
MONTREAL — Laurentian Bank of Canada says veteran executive Robert Ouellette is joining its board of directors as a new independent director.
Nov 1, 2024 10:18 AM
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