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National Business
National Business
US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls
WASHINGTON (AP) — America’s employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes that left many workers temporarily off payrolls.
Nov 1, 2024 1:12 PM
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Calgary's October home sales flat over 2023 but supply for lower-priced homes lagging
CALGARY — The Calgary Real Estate Board says October home sales were mostly flat compared with last year's levels, but remained around one-quarter higher than long-term trends for the month.
Nov 1, 2024 12:39 PM
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Shares in Aecon up more than 10% after Q3 results top expectations
TORONTO — Shares of Aecon Group Inc. were up more than 10 per cent after it reported a third-quarter profit that fell compared with a year ago, but topped expectations. The company reported a third-quarter profit of $56.
Nov 1, 2024 11:35 AM
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Pathways seeking bids for part of its proposed carbon capture network: Imperial
CALGARY — The Pathways Alliance group of oilsands companies has issued a request for proposals to pipe manufacturers for the massive carbon capture and storage network it wants to build in northern Alberta. The CEO of Imperial Oil Ltd.
Nov 1, 2024 11:04 AM
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Cogeco charts path for 'sustainable growth' as it reports dip in profits for Q4
MONTREAL — Cogeco Inc. says it will begin a three-year transformation program in its 2025 fiscal year to set the company on what it calls "a path to sustainable growth.
Nov 1, 2024 10:40 AM
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Enbridge in talks about Mainline pipeline expansion as Canadian oil output grows
CALGARY — Enbridge Inc. has begun talks with its customers about expanding its Mainline pipeline network to handle growing volumes of Canadian oil output, the Calgary-based company said Friday.
Nov 1, 2024 10:00 AM
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OBSI becomes only banking complaints body as streamlining change takes effect
TORONTO — Canadians now have a single place to appeal banking issues after the federal government's simplification of the system took effect Friday.
Nov 1, 2024 9:35 AM
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U.S. senator calls out lack of TD executives charged in money laundering settlement
TORONTO — A U.S. senator is raising concerns that TD Bank Group executives did not face charges as part of the bank's settlement over its failure to detect large-scale money laundering. Sen. Elizabeth Warren says in a letter to the U.S.
Nov 1, 2024 9:17 AM
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Auto parts company Magna International lowers guidance amid production slump
TORONTO — Magna International Inc. cut its guidance for its full year after seeing its sales decrease last quarter amid a global production slump of light vehicles.
Nov 1, 2024 8:23 AM
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Laurentian Bank names veteran executive Robert Ouellette to board of directors
MONTREAL — Laurentian Bank of Canada says veteran executive Robert Ouellette is joining its board of directors as a new independent director.
Nov 1, 2024 8:18 AM
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