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Sun Life Financial names Joe Natale to board of directors

Sun Life Financial names Joe Natale to board of directors

TORONTO — Sun Life Financial Inc. says it has named former Rogers Communications chief executive Joe Natale to its board of directors. The insurance company says he will join the board as of Tuesday.
Canadian dollar's outlook for 2023 uncertain as interest rate hikes wane: experts

Canadian dollar's outlook for 2023 uncertain as interest rate hikes wane: experts

Experts say the outlook for the loonie in 2023 largely depends on commodity prices, how the U.S. dollar fares, and whether central banks are successful in avoiding a major recession.
BoC's first summary of deliberations coming this week. Here's what to expect

BoC's first summary of deliberations coming this week. Here's what to expect

OTTAWA — The Bank of Canada is set to publish its first summary of deliberations Wednesday, giving Canadians a peak into the governing council's reasoning behind its decision to raise interest rates last month.
Meet me in the metaverse: Some companies set up shop in a digital environment

Meet me in the metaverse: Some companies set up shop in a digital environment

As a snowstorm bore down on Toronto, Aaron Grinhaus spoke fondly about the view from his office — not his law firm's building in midtown, but the one in the metaverse, where two park benches sit around a water fountain and the sky is a gradient of denimblue
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of Canada Bank of Canada governor Tiff Macklem will give a speech in Quebec City on monetary policy on Tuesday and hold a news conference.
Jury: Musk didn't defraud investors with 2018 Tesla tweets

Jury: Musk didn't defraud investors with 2018 Tesla tweets

SAN FRANCISO (AP) — A jury on Friday decided Elon Musk didn’t defraud investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unraveled and raised questions about whether the billionaire had misled investors.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,758.34, up 17.90 points): Suncor Energy Inc. (TSX:SU). Energy. Up 22 cents, or 0.5 per cent, to $44.13 on 12.8 million shares.
S&P/TSX composite notches slight gain, U.S. stock markets down on strong jobs data

S&P/TSX composite notches slight gain, U.S. stock markets down on strong jobs data

TORONTO — Canada's main stock index managed a slight gain on a day that saw markets swing notably following the release of better-than-expected jobs data in the U.S., which left markets in the U.S.
Wall Street takes a hit on hot jobs data, cold tech profits

Wall Street takes a hit on hot jobs data, cold tech profits

NEW YORK (AP) — Wall Street’s rally hit a wall after a surprisingly strong jobs report fueled worries about inflation and higher interest rates.
Investors made up 20 to 30% of homeowners in some provinces: Statistics Canada

Investors made up 20 to 30% of homeowners in some provinces: Statistics Canada

OTTAWA — New Statistics Canada data shows investors made up almost one third of homeowners in some provinces in 2020. The data agency says investors made up 31.