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Job losses continue for third month, signalling economic slowdown

Job losses continue for third month, signalling economic slowdown

OTTAWA — A rise in the unemployment rate in August, coming on the heels of job losses over the last few months, suggests the economy is beginning to slow amid rising interest rates. The unemployment rate was 5.
Nova Scotia records 'surprise' surplus of $350.9 million in 2021-22 fiscal year

Nova Scotia records 'surprise' surplus of $350.9 million in 2021-22 fiscal year

HALIFAX — The 2021-22 fiscal year saw Nova Scotia record a “surprise” $350.9-million surplus after forecasting a deficit of $584.9 million in the March 2021 budget, Finance Minister Allan MacMaster said Friday.
Cineplex reports August box office revenue of $36 million after a strong July

Cineplex reports August box office revenue of $36 million after a strong July

TORONTO — Cineplex Inc. says its box office revenue amounted to $36 million in August, a total representing 64 per cent of the figure for August 2019 before the pandemic pummeled the movie theatre industry.
Corus warns of "meaningful" softness in TV ad revenue in latest outlook

Corus warns of "meaningful" softness in TV ad revenue in latest outlook

TORONTO — Corus Entertainment Inc. says it currently expects "meaningful" year-over-year softness in television advertising revenue.
Here's a quick glance at unemployment rates for August, by Canadian city

Here's a quick glance at unemployment rates for August, by Canadian city

OTTAWA — The national unemployment rate was 5.4 per cent in August. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Here's a quick glance at unemployment rates for August, by province

Here's a quick glance at unemployment rates for August, by province

OTTAWA — Canada's national unemployment rate was 5.4 per cent in August. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.5 per cent (10.2) _ Prince Edward Island 7.
National employment numbers for August from Statistics Canada, at a glance

National employment numbers for August from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's August employment (numbers from the previous month in brackets): Unemployment rate: 5.4 per cent (4.9) Employment rate: 61.3 per cent (61.6) Participation rate: 64.8 per cent (64.
Most actively traded companies on the Toronto Stock Exchange

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 (19,413.00, up 171.56 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 30 cents, or 0.75 per cent, to $40.27 on 13 million shares.
UK to cap energy prices, end fracking ban to ease crisis

UK to cap energy prices, end fracking ban to ease crisis

LONDON (AP) — New British Prime Minister Liz Truss announced Thursday that her Conservative government will cap domestic energy prices for homes and businesses to ease a cost-of-living crisis that has left residents across the United Kingdom facing a
S&P/TSX composite closes higher along with U.S. markets as financials gain

S&P/TSX composite closes higher along with U.S. markets as financials gain

TORONTO — Canada's main stock index closed higher along with U.S. markets as investors digested the latest signals on rate increases from central banks. The S&P/TSX composite index gained 171.56 points Thursday to close at 19,413.
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