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National Business
As inflation inches closer to 3%, economists warn progress will stall this year
OTTAWA — As inflation inches closer to three per cent, economists are warning the steady monthly declines in annual price growth will stall and even potentially reverse in the second half of the year.
Jul 14, 2023 10:42 AM
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CREA downgrades sales forecast as interest rates weigh on buyers
The Canadian Real Estate Association has downgraded its home sales forecast for this year and next as fewer buyers jump into the market. The association said Friday that it expects 464,239 properties to trade hands this year, a 6.
Jul 14, 2023 10:16 AM
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Shorter fixed-rate mortgages take spotlight as borrowers feel pinch of higher rates
TORONTO — Rapidly rising interest rates have transformed mortgage preferences as borrowers increasingly opt for shorter-term fixed-rate contracts.
Jul 14, 2023 4:00 AM
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Black Restaurant Week aims to showcase diverse cuisines, uplift Black business owners
TORONTO — It's the authentic Jamaican jerk chicken, curry goat and oxtail dishes that restaurant owner Stacy Porter hopes will get you in the door of her Scarborough eatery.
Jul 14, 2023 4:00 AM
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Air quality study finds elevated levels of carcinogen across Hamilton
A University of Toronto professor says residents of Hamilton, Ont., could be inhaling the chemical equivalent of one or two cigarettes per week -- at minimum -- due to elevated levels of a cancer-causing compound in the air.
Jul 13, 2023 6:29 PM
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Cogeco reports loss in third quarter, Cogeco Communications earns $95.9 million
Cogeco Inc. reported a loss attributable to shareholders of $34.5 million in the third quarter, down from earnings of $37.5 million during the same period a year ago.
Jul 13, 2023 6:23 PM
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Report says junior staff behind sexual slogan approval in Experience Regina rebrand
REGINA — An independent review into how Regina's tourism agency handled a failed rebrand says a junior employee approved sexualized slogans before senior management could vet them.
Jul 13, 2023 6:16 PM
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Telus revises 2023 guidance, citing technology sector cost-cutting
VANCOUVER — Telus Corp. revised downward its annual guidance for 2023, citing demand pressures as the technology sector looks to cut costs.
Jul 13, 2023 5:41 PM
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Railway container shipments plummet due to B.C. port strike that's poised to end
MONTREAL — Railways suffered a sharp drop-off in container shipments this month as the strike by B.C. port workers — now poised to end after a tentative deal Thursday — halted more than half of steel-box cargo. Canadian National Railway Co.
Jul 13, 2023 4:51 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,277.64, up 206.87): Hut 8 Mining Corp. (TSX:HUT). Finance. Up 89 cents, or 17.98 per cent, to $5.84 on 10.6 million shares.
Jul 13, 2023 4:47 PM
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