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National Business
National Business
Statistics Canada says country posted $987M merchandise trade deficit in July
OTTAWA — Lower shipments of gold and the B.C. port strike weighed on imports as Canada's merchandise trade deficit for July narrowed compared with June, Statistics Canada said Wednesday.
Sep 6, 2023 12:29 PM
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Four per cent of Canadian businesses use AI, adoption highest in Quebec: report
TORONTO — A new report says only four per cent of Canadian businesses are using artificial intelligence.
Sep 6, 2023 11:15 AM
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Toronto home sales little changed from July to August — but expect volatility: board
TORONTO — The Greater Toronto Area housing market saw home sales and prices barely shift between July and August, but the leader of the region's housing board is expecting more volatility on the way.
Sep 6, 2023 11:15 AM
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Auto sales in August jump 18 per cent in tenth straight month of gains: DesRosiers
TORONTO — The new light vehicle market grew again in August, with sales jumping 18.3 per cent compared to the same time last year, according to DesRosiers Automotive Consultants Inc. It marks the tenth straight month of year-over-year gains.
Sep 6, 2023 11:14 AM
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Tennis ball wasteland? Game grapples with a fuzzy yellow recycling problem
NEW YORK (AP) — Tennis has a fuzzy yellow problem most players don’t think about when they open can after can of fresh balls, or when umpires at U.S. Open matches make their frequent requests for “new balls please.
Sep 6, 2023 8:20 AM
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Canada's tech industry experiencing shift away from remote work
When Heather Aleinik was laid off from Shopify Inc. last summer, it was "one of the biggest curveballs" of her career.
Sep 6, 2023 4:00 AM
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Rogers countersues ex-CEO Joe Natale, demanding repayment of $15M in severance
TORONTO — Rogers Communications Inc. has launched a countersuit against former CEO Joe Natale, seeking to have him repay more than $15 million in severance to the company that fired him.
Sep 5, 2023 9:12 PM
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Oil prices spike as Saudi Arabia, Russia extend 1.3 million barrel a day oil cut through December
DUBAI, United Arab Emirates (AP) — Saudi Arabia and Russia agreed Tuesday to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices.
Sep 5, 2023 8:18 PM
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WestJet Encore pilots file notice to begin contract negotiations with management
CALGARY — Pilots with WestJet Encore are gearing up to bargain their second collective agreement. The Air Line Pilots Association says it's filed notice to open contract negotiations with the regional carrier for WestJet.
Sep 5, 2023 6:26 PM
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Enbridge to purchase three U.S. utilities for $14 billion in cash and debt
CALGARY — Enbridge Inc. has signed a US$14 billion cash-and-debt deal that represents a major vote of confidence by the Canadian company in the future of natural gas.
Sep 5, 2023 5:43 PM
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