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National Business
Stock market today: Wall Street returns to record heights as Treasury yields ease
NEW YORK (AP) — Stocks returned to record heights following some mixed reports on the economy. The S&P 500 rose 0.6% Thursday, surpassing the all-time high it set last week. The Dow Jones Industrial Average rose 0.
Feb 15, 2024 4:07 PM
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Restaurant Brands expects to have 40,000 restaurants, $60B in sales by 2028
TORONTO — The owner of the Tim Hortons and Burger King chains said it expects its quick-serve empire to span 40,000 restaurants and to achieve a collective US$60 billion in sales by 2028. Restaurant Brands International Inc.
Feb 15, 2024 3:50 PM
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CMHC reports annual pace of housing starts in January down 10% from December
OTTAWA — The annual pace of housing starts in January slowed by 10 per cent compared with December, as the rate of starts for new multi-unit projects such as apartments, condominiums and townhouses pulled back. Canada Mortgage and Housing Corp.
Feb 15, 2024 12:35 PM
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Aging population will widen labour gap in Canadian agriculture: report
OTTAWA — Canada's agriculture industry will have a domestic labour gap of more than 100,000 jobs by 2030, according to a new report.
Feb 15, 2024 12:34 PM
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Business council forecasts slower growth of 0.7 per cent in B.C. ahead of budget
VANCOUVER — A new report ahead of next week's B.C. budget is forecasting slower economic growth for the province this year.
Feb 15, 2024 12:06 PM
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Retail sales fall 0.8% in January from December as shoppers pause after strong holiday season
NEW YORK (AP) — Americans pulled back their spending more than expected in January after the traditional holiday season splurge. Retail sales fell 0.8% in January from the strong pace in December when they rose a revised 0.
Feb 15, 2024 11:19 AM
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CPP Investments earned 3.4% in latest quarter, net assets grew to $590.8 billion
TORONTO — The Canada Pension Plan Investment Board says its fund earned a net return of 3.4 per cent in its latest quarter.
Feb 15, 2024 10:08 AM
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When cutting expenses isn't enough: Experts weigh in on how to increase your income
TORONTO — As many Canadians try to squeeze every last dollar out of their budget to cope with the soaring cost of living, financial experts say cutting expenses to the bone is not always a viable option and they should instead focus on increasing the
Feb 15, 2024 10:00 AM
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Statistics Canada says manufacturing sales down 0.7% in December
OTTAWA — Statistics Canada says manufacturing sales fell in December, weighed down by production slowdowns for retooling at some auto assembly plants in Ontario. The agency says manufacturing sales fell 0.7 per cent to $71.
Feb 15, 2024 9:48 AM
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US applications for jobless benefits fall as labor market continues to show resilience
Fewer Americans filed for jobless claims last week as the labor market continues to show resilience in the face of elevated interest rates intended to cool economic growth in the U.S.
Feb 15, 2024 8:47 AM
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