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S&P/TSX composite gains almost 150 points, U.S. stock markets also higher
TORONTO — Base metal and battery metal stocks led a broad-based rally on the TSX Thursday, as Canada's main stock index climbed almost 150 points, while U.S. stock markets also moved higher. The S&P/TSX composite index closed up 149.
Dec 14, 2023 2:44 PM
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Empire promises to crack down on supplier price increase requests as Q2 profit slips
Empire Co. Ltd. is planning to crack down on what it says are unjustifiable cost increase requests from some of its biggest suppliers.
Dec 14, 2023 2:38 PM
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Stock market today: Wall Street rises again as the Dow ticks to another record
NEW YORK (AP) — Most of Wall Street rose Thursday following its big rally from the day before on excitement that several cuts to interest rates may indeed be coming next year. The S&P 500 gained 0.3% to pull within 1.
Dec 14, 2023 2:26 PM
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Transat sees bright skies ahead despite rising competition, falling disposable income
MONTREAL — The head of Transat AT Inc. said consumers show little sign of travel wariness, but increased competition and customer financial strain have begun to thin out profit margins even as the travel company guns for major growth next year.
Dec 14, 2023 1:36 PM
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Tim Hortons, Telus and Esso reinstate support for Hockey Canada following scandal
TORONTO — A trio of sponsors are backing Hockey Canada once more, after pulling support for the organization when it was embroiled in scandal last year. Fast food chain Tim Hortons, telecommunications firm Telus Corp.
Dec 14, 2023 12:41 PM
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Canadian home sales, listings, prices down in November from a month earlier: CREA
TORONTO — Home sales, prices and listings fell in November from a month earlier as many potential buyers and sellers hunkered down to wait for signs of relief on interest rates, the Canadian Real Estate Association said Thursday. Sales fell 0.
Dec 14, 2023 11:53 AM
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Winnipeg's 100-year-old Nutty Club shuts down due to competition
Winnipeg's renowned candy company, the Nutty Club, is shutting its doors after more than 100 years of business.
Dec 14, 2023 11:53 AM
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Statistics Canada reports manufacturing sales down 2.8% in October
OTTAWA — Statistics Canada says manufacturing sales fell 2.8 per cent to $71 billion, led by a drop in petroleum and coal product sales as well as lower sales in the machinery and computer and electronic product subsectors.
Dec 14, 2023 11:43 AM
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Depressed or anxious about finances amid inflation and rising rates? You're not alone
As rent, mortgage payments, grocery bills and the cost of just about everything else rises, more and more Canadians are feeling the weight — not just on their budgets, but also on their mental well-being.
Dec 14, 2023 10:12 AM
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European Central Bank keeps its key interest rate at a record high. Now, when will it cut?
FRANKFURT, Germany (AP) — The European Central Bank kept its key interest rate at a record high Thursday and said it will keep them there as long as needed to battle back inflation , signaling little as expectations grow that it will start cutting bo
Dec 14, 2023 7:06 AM
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