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National Business
National Business
Ottawa commits $25M to create Canada's first-ever LGBTQ entrepreneurship program
The federal government has committed $25 million to create Canada's first-ever LGBTQ entrepreneurship program, an investment one trailblazer called a "game-changer.
Jun 15, 2023 12:01 PM
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Canadians opting for shorter mortgage terms as they hope for declining interest rates
OTTAWA — With mortgage rates at their highest level in more than a decade, home owners and prospective buyers tend to focus on getting the best rate. While shopping around, however, experts say borrowers shouldn't forget about term length.
Jun 15, 2023 11:47 AM
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European Central Bank hikes rates again and vows more after US Fed hits pause
FRANKFURT, Germany (AP) — The European Central Bank pressed ahead with another interest rate hike Thursday and made clear more are on the way, aiming to crush inflation that is driving up the cost of groceries even after the U.S.
Jun 15, 2023 10:35 AM
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Retail sales rose 0.3% in May despite pressure from higher inflation and interest rates
NEW YORK (AP) — Americans increased their spending at retailers last month despite pressure from still-high inflation and rising borrowing costs. Thursday's report from the Commerce Department showed that retail sales rose 0.
Jun 15, 2023 10:20 AM
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Manufacturing sales up slightly in April on strength in auto parts sales
OTTAWA — Statistics Canada says manufacturing sales rose 0.3 per cent to $72.3 billion in April, helped by higher sales of auto parts and petroleum and coal products. The agency says sales of motor vehicle parts rose 25.1 per cent to a record $3.
Jun 15, 2023 9:11 AM
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Scathing report finds Boris Johnson deliberately misled UK Parliament over 'partygate'
LONDON (AP) — A committee of U.K.
Jun 15, 2023 9:06 AM
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Number of Americans filing for jobless claims is elevated for second straight week
The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve's interest rate hikes over the past year may taking hold in what's proved to be a resilient job market. U.S.
Jun 15, 2023 8:47 AM
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CMHC reports annual rate of housing starts in Canada fell in May
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in May dropped 23 per cent compared with April as starts of apartments, condos and other types of multi-unit housing projects in Vancouver, Toronto and Montreal fell.
Jun 15, 2023 8:45 AM
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Inflation, interest rates weighing on Canadians' retirement plans: survey
TORONTO — Canadians are struggling to save for retirement, with many planning to push back the next phase of their life amid inflation and higher interest rates, according to a new survey from the Healthcare of Ontario Pension Plan.
Jun 15, 2023 6:00 AM
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Faster approvals for major projects will be key to achieving climate goals: Report
CALGARY — Canada has no hope of reaching its 2050 climate goals unless it can find a way to speed up the approvals process for major projects in this country, a new report states.
Jun 15, 2023 6:00 AM
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