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National Business
National Business
Loblaw reports profit and sales up as shoppers continue to flock to discount stores
Loblaw Cos. Ltd. said it's continuing to expand its footprint of discount stores as consumers trade down after a run of high food inflation.
Nov 15, 2023 4:14 PM
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Stock market today: Wall Street adds some more to its stellar week and November so far
NEW YORK (AP) — Wall Street added a bit more to its big rally from a day before and to its gains so far for November. The S&P 500 rose 0.2% Wednesday. The Dow climbed 163 points, and the Nasdaq composite edged up 0.1%.
Nov 15, 2023 4:06 PM
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Retail sales slip in October as consumers pull back after summer splurges
NEW YORK (AP) — Americans cut back on retail spending in October, ending six straight months of gains, though the decline was partly driven by falling prices for both gasoline and cars. Retail sales fell 0.1% last month after jumping a strong 0.
Nov 15, 2023 3:12 PM
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More seniors choosing to age in home instead of downsizing: CMHC report
Although seniors tend to consider downsizing as they get older, a large proportion are instead choosing to age in their home rather than put it on the market, according to a report by Canada Mortgage and Housing Corp. on Wednesday.
Nov 15, 2023 2:03 PM
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Vote on tentative contract with General Motors too close to call as more tallies are reported
DETROIT (AP) — Voting on a tentative contract agreement between General Motors and the United Auto Workers union that ended a six-week strike against the company appears too close to call after the latest tallies at several GM factories were announce
Nov 15, 2023 2:00 PM
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US producer prices slide 0.5% in October, biggest drop since 2020.
WASHINGTON (AP) — U.S. wholesale prices fell sharply last month as inflationary pressure continued to ease after a year and a half of higher interest rates.
Nov 15, 2023 1:27 PM
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Slate Office REIT suspends distributions, plans asset sale; units plunge 20%
TORONTO — Units in Slate Office REIT sank 20 per cent after the trust suspended its monthly cash distributions and announced a plan to sell a large part of its portfolio of properties.
Nov 15, 2023 12:06 PM
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Home sales slow in October as many buyers have already 'gone into hibernation': CREA
The number of homes sold in Canada last month ticked up on an annual basis but fell 5.6 per cent compared with September as the Canadian Real Estate Association says both buyers and sellers appear to be holding off for the time being.
Nov 15, 2023 11:57 AM
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Parkland gas stations roll out Aeroplan loyalty program
MONTREAL — Aeroplan members can now earn points at a slew of Parkland Corp.'s gas stations. The loyalty program run by Air Canada has been rolled out at more than 1,100 Ultramar, Chevron, Pioneer, Fas Gas, On the Run and Marché Express locations.
Nov 15, 2023 10:19 AM
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Closing infrastructure gaps may boost Indigenous GDP by up to 17 per cent: RBC
TORONTO — A new report says bridging the infrastructure gaps experienced by Indigenous Peoples would boost the population's GDP by up to 17 per cent.
Nov 15, 2023 9:56 AM
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