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National Business
National Business
Economists to have a close eye on April inflation report as BoC rate decision nears
OTTAWA — Forecasters expect this week's inflation report to show Canada's inflation rate fell last month, but financial markets are still unsure whether a June interest rate cut is in the cards for the Bank of Canada.
May 19, 2024 6:00 AM
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Passenger rail service suspended between Montreal and NYC after CN-Amtrak deal
MONTREAL — No passenger trains are set to run between Montreal and New York City for the next six weeks due to maintenance work after Amtrak struck a deal with Canadian National Railway Co.
May 18, 2024 4:09 PM
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A former OpenAI leader says safety has 'taken a backseat to shiny products' at the AI company
A former OpenAI leader who resigned from the company earlier this week said Friday that safety has “taken a backseat to shiny products” at the influential artificial intelligence company.
May 17, 2024 7:54 PM
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Equifax Canada exploring use of payday loan data in credit score calculation
TORONTO — Equifax Canada says it's exploring how using payday loan data could affect people's credit scores.
May 17, 2024 5:21 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (22,465.37, up 165.54 points): Enbridge Inc. (TSX:ENB). Energy. Down two cents, or 0.04 per cent, to $50.04 on 16.2 million shares.
May 17, 2024 4:46 PM
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S&P/TSX composite rises as oil and copper climb, U.S. markets mixed
TORONTO — Canada's main stock index rose on Friday, helped by gains in energy and base metal stocks as the prices of oil and copper climbed, while U.S. markets were mixed.
May 17, 2024 4:36 PM
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ISS supports Gildan nominees put forward by activist shareholder Browning West
MONTREAL — Institutional Shareholder Services Inc. is throwing its support behind a slate of board nominees and a former chief executive that dissident Gildan Activewear Inc. shareholders have been fighting to see run the company.
May 17, 2024 4:35 PM
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P.E.I. considers banning people born after certain date from buying tobacco products
CHARLOTTETOWN — In a bold bid to stop young people from smoking, health officials in P.E.I. are proposing a ban on tobacco sales to anyone born after a certain date.
May 17, 2024 4:22 PM
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Employees at Alabama Mercedes plants vote 56% against union, slowing UAW effort in South
TUSCALOOSA, Ala. (AP) — Workers at two Mercedes-Benz factories near Tuscaloosa, Alabama, voted overwhelmingly against joining the United Auto Workers on Friday, a setback in the union’s drive to organize plants in the historically nonunion South.
May 17, 2024 4:13 PM
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Stock market today: Wall Street drifts higher; Dow has its first close above 40,000
NEW YORK (AP) — U.S. stocks drifted to a mostly higher close on Wall Street, marking their fourth winning week in a row. The S&P 500 rose 0.1% Friday. The Dow Jones Industrial Average rose 0.3% to close above 40,000 points for the first time.
May 17, 2024 4:09 PM
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