Skip to content

National Business

S&P/TSX composite down more than 100 points, one day after breaking record

S&P/TSX composite down more than 100 points, one day after breaking record

Canada's main stock index took a breather Friday, closing down more than 100 points a day after setting a new all-time closing high. The S&P/TSX composite index closed down 103.18 points at 21,984.08. On Thursday, it closed at 22,087.
Red Sea attacks could push more cargo to Port of Vancouver after record year: CEO

Red Sea attacks could push more cargo to Port of Vancouver after record year: CEO

Attacks on cargo vessels in the Red Sea could drive more shippers toward the Port of Vancouver after a year of record-high volumes, its CEO said.
Stock market today: Wall Street hangs near records as it closes its best week of the year

Stock market today: Wall Street hangs near records as it closes its best week of the year

NEW YORK (AP) — Wall Street had a wobbly finish to its best week of the year so far. The S&P 500 ended 0.1% lower Friday after spending the day bouncing between gains and losses. It set all-time high in each of the last three days.
Atlantic Canada's insolvent SaltWire Network granted extension to creditor protection

Atlantic Canada's insolvent SaltWire Network granted extension to creditor protection

HALIFAX — A Nova Scotia judge approved Friday an extension to a court order protecting Atlantic Canada's largest media company from a long list of creditors owed more than $90 million.
Lululemon shares sink on disappointing outlook, slowdown in U.S. business

Lululemon shares sink on disappointing outlook, slowdown in U.S. business

Shares in Lululemon Athletica Inc. were down about 15 per cent in afternoon trading Fridayas investors reacted to lower revenue projections and a U.S. slowdown. The Vancouver-based athletic apparel retailer's fourth quarter, which ended Jan.
Stellantis lays off about 400 salaried workers to handle uncertainty in electric vehicle transition

Stellantis lays off about 400 salaried workers to handle uncertainty in electric vehicle transition

DETROIT (AP) — Jeep maker Stellantis is laying off about 400 white-collar workers in the U.S. as it deals with the transition from combustion engines to electric vehicles.
Federal government posts $25.7-billion deficit between April and January

Federal government posts $25.7-billion deficit between April and January

OTTAWA — The federal government recorded a budgetary deficit of $25.7 billion as of the end of January for the current fiscal year.
French President Macron regrets the Senate's vote to reject the EU-Canada trade deal

French President Macron regrets the Senate's vote to reject the EU-Canada trade deal

BRUSSELS (AP) — French President Emmanuel Macron said Friday he “regrets” the Senate’s vote to reject legislation to ratify a trade deal between the European Union and Canada that has been criticized by farmers as bringing unfair competition from abr
Trump's social media company approved to go public, potentially netting former president billions

Trump's social media company approved to go public, potentially netting former president billions

NEW YORK (AP) — Donald Trump is returning to the stock market. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the former president’s media business in a Friday vote.
Stellantis recalls over 10,000 cars in Canada over faulty airbags

Stellantis recalls over 10,000 cars in Canada over faulty airbags

TORONTO — Stellantis has recalled more than 10,000 Dodge and Chrysler sedans in Canada due to defective airbags.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks