Skip to content

National Business

North American stock markets start week lower with commodity sectors mixed

North American stock markets start week lower with commodity sectors mixed

HAMILTON — Canada's main stock index moved lower to start the trading week, while U.S. markets were relatively flat ahead of this week's release of U.S. retail sales and Canadian inflation numbers.
Biden signs $1T infrastructure bill with bipartisan audience

Biden signs $1T infrastructure bill with bipartisan audience

WASHINGTON (AP) — President Joe Biden signed his $1 trillion infrastructure deal into law Monday on the White House lawn, hailing it as an example of what bipartisanship can achieve.
Trans Mountain pipeline shut down due to severe rain, flooding in B.C.

Trans Mountain pipeline shut down due to severe rain, flooding in B.C.

CALGARY — The Trans Mountain pipeline has been shut down temporarily due to widespread rains and flooding in British Columbia. Trans Mountain Corp.
Restaurant Brands to acquire sandwich fast food chain Firehouse Subs for US$1 billion

Restaurant Brands to acquire sandwich fast food chain Firehouse Subs for US$1 billion

José Cil first tried Firehouse Subs while criss-crossing Florida as a Walmart executive. "I had a chance to visit basically the entire state," said Cil, now the CEO of Restaurant Brands International Inc.
Month-over-month homes sales see biggest increase since July 2020: CREA

Month-over-month homes sales see biggest increase since July 2020: CREA

The Canadian Real Estate Association says home sales across the country saw their largest month-over-month increase since July 2020 in October, even as new listings fell by about 20 per cent from a year ago.
Calgary to invest public dollars in venture capital fund aimed at growing tech sector

Calgary to invest public dollars in venture capital fund aimed at growing tech sector

CALGARY — The City of Calgary says it will invest $6 million into a venture capital fund in an effort to boost the city's growing tech sector.
N.L. launches 2022 Come Home Year as a post-pandemic boost to tourism and morale

N.L. launches 2022 Come Home Year as a post-pandemic boost to tourism and morale

ST. JOHN'S, N.L. — Newfoundland and Labrador's government is unveiling a plan to tug at the heartstrings of residents who have moved away.
George Weston Ltd. to sell bakery business to Hearthside Food Solutions

George Weston Ltd. to sell bakery business to Hearthside Food Solutions

TORONTO — George Weston Ltd. says it has signed a deal to sell its Weston Foods ambient bakery business for $370 million. Weston's ambient business provides retail and food service customers in Canada and the U.S.
Canadian manufacturing sales fell in September as chip shortage hurt auto sector

Canadian manufacturing sales fell in September as chip shortage hurt auto sector

OTTAWA — Canadian manufacturing sales fell three per cent to $58.5 billion in September as motor vehicle sales fell due to the ongoing shortage of semiconductors that has hurt auto production.
Airbus strikes 2nd major aircraft deal of Dubai Air Show

Airbus strikes 2nd major aircraft deal of Dubai Air Show

DUBAI, United Arab Emirates (AP) — Airbus clinched a major deal on Monday valued into the billions of dollars to sell 111 new aircraft to the Air Lease Corporation, its second blockbuster order at the Dubai Air Show.