Skip to content

National Business

CN Rail hits record second-quarter revenues, waves off recession worries

CN Rail hits record second-quarter revenues, waves off recession worries

MONTREAL — Despite recession hurdles on the horizon, Canadian National Railway Co.
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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,972.68, down 131.80 points.) Athabasca Oil Corp. (TSX:ATH). Energy. Down five cents, or 2.23 per cent, to $2.19 on 10.
Shopify drop weighs on S&P/TSX composite on down day for North American markets

Shopify drop weighs on S&P/TSX composite on down day for North American markets

TORONTO — North American markets ended the trading day in the red, with a double-digit decline in Shopify Inc. weighing on the technology sector of Canada's main stock exchange and U.S.
Stellantis laying off employees at two Ontario plants

Stellantis laying off employees at two Ontario plants

WINDSOR, Ont.
N.S. combines five economic development agencies into two new Crown corporations

N.S. combines five economic development agencies into two new Crown corporations

HALIFAX — Nova Scotia’s premier has chosen two “personal friends” to help with the transition of five economic agencies with annual budgets totalling $100 million into two new Crown corporations.
N.S. legislature opens emergency summer session to block pay raise for politicians

N.S. legislature opens emergency summer session to block pay raise for politicians

HALIFAX — Nova Scotia’s Progressive Conservative government introduced legislation Tuesday that would rescind a recommended 12.6 per cent pay raise for members of the legislature.
'I got this wrong:' Shopify CEO announces plan to lay off 10 per cent of staff

'I got this wrong:' Shopify CEO announces plan to lay off 10 per cent of staff

Canadian tech giant Shopify Inc.'s share price fell by more than 14 per cent Tuesday after revealing it will lay off 10 per cent of its workforce because the company misjudged the growth of the e-commerce sector.
CNE returning to Toronto in August with new nightly drone show after two-year hiatus

CNE returning to Toronto in August with new nightly drone show after two-year hiatus

TORONTO — The Canadian National Exhibition is returning to Toronto next month after a two-year hiatus. CNE organizers say there will be several new attractions as well as familiar favourites.
EU agrees to cut natural gas use amid Russian supply fears

EU agrees to cut natural gas use amid Russian supply fears

BRUSSELS (AP) — European Union governments agreed Tuesday to reduce consumption of natural gas this winter to protect themselves against any further supply cuts by Russia amid its invasion of Ukraine, although the measure contains exemptions for some
Food service and drinking places sales rose 3 per cent in May: StatCan

Food service and drinking places sales rose 3 per cent in May: StatCan

OTTAWA — Statistics Canada says sales in the food service and drinking places subsector increased three per cent to $7.4 billion in May, the highest value since the beginning of the COVID-19 pandemic and of the series.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks