Skip to content

National Business

Statistics Canada says wholesale sales fell 0.7 per cent in February

Statistics Canada says wholesale sales fell 0.7 per cent in February

OTTAWA — Canadian wholesale sales fell 0.7 per cent in February to $68.8 billion as the building material and supplies sector and auto industry moved lower.
Read more >
Vote by Tilray shareholders on Aphria merger deal delayed until April 30

Vote by Tilray shareholders on Aphria merger deal delayed until April 30

NANAIMO, B.C. — A vote by Tilray Inc. shareholders on the cannabis company's deal to merge with Aphria Inc. has been delayed, allowing shareholders more time. The vote had been scheduled for today, but shareholders will now vote on April 30.
Read more >
SKorean steelmaker to end partnership with Myanmar military

SKorean steelmaker to end partnership with Myanmar military

SEOUL, Korea, Republic Of — A South Korean steelmaker on Friday said it plans to end a joint venture with a military-controlled firm in Myanmar following criticism that its business has benefited military leaders who have violently suppressed pro-dem
Read more >
China's growth surges to 18.3% but rebound levelling off

China's growth surges to 18.3% but rebound levelling off

BEIJING — China’s economy grew by double digits in the latest quarter but an explosive rebound from the coronavirus pandemic is slowing abruptly as manufacturing and consumer spending return to normal. The economy grew by 18.
Read more >
CRTC to allow smaller wireless players better access to national networks

CRTC to allow smaller wireless players better access to national networks

Canada's biggest wireless network operators suffered a major setback Thursday as the CRTC issued orders that will make it easier for smaller rivals to compete, which in turn will likely reduce costs for mobile phone users.
Read more >
A $1.2 billion loss for Delta, but recovery is on the radar

A $1.2 billion loss for Delta, but recovery is on the radar

Delta Air Lines lost $1.2 billion in the first quarter, more than expected, but executives said Thursday that the airline could be profitable by late summer if the budding recovery in air travel continues.
Read more >
S&P/TSX composite, Dow Jones and S&P 500 set record highs as mood rises on economy

S&P/TSX composite, Dow Jones and S&P 500 set record highs as mood rises on economy

TORONTO — Broad-based optimism lifted Canada's main stock index to a record close on Thursday as U.S. markets also pushed higher on news suggesting a strong recovery from the pandemic slump. The S&P/TSX composite index was up 150.
Read more >
AIMCo names former CMHC head Evan Siddall as next chief executive

AIMCo names former CMHC head Evan Siddall as next chief executive

Alberta Investment Management Corp. has named the former — and often outspoken — head of Canada Mortgage and Housing Corp. as its next chief executive.
Read more >

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,321.92, up 150.26 points.) Royal Bank of Canada (TSX:RY). Financials. Up 68 cents, or 0.58 per cent, to $118.02 on 8.6 million shares.
Read more >
After union vote, Bezos vows to do better for Amazon workers

After union vote, Bezos vows to do better for Amazon workers

NEW YORK — After a union battle at an Alabama warehouse, Amazon founder Jeff Bezos acknowledged that Amazon has to do better for its workers and vowed to make Amazon a safer place to work.
Read more >