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National Business
National Business
As the BoC takes a pause from interest rate hikes, all eyes are on the labour market
OTTAWA — After a series of historic interest rate hikes, economists are left wondering whether job losses are next. High interest rates cause businesses and consumers to pull back on spending.
Jan 26, 2023 4:57 PM
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Rent prices grew at record pace in 2022 as Canada saw lowest vacancy rate in decades
TORONTO — Rent prices in Canada grew at a record pace last year as the country saw the lowest vacancy rate since 2001, the Canada Mortgage and Housing Corp. said.
Jan 26, 2023 4:39 PM
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US economy slowed but still grew at 2.9% rate last quarter
WASHINGTON (AP) — The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of high interest rates and widespread fears of a looming recession.
Jan 26, 2023 4:12 PM
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Wall Street rises to hit best level in nearly eight weeks
NEW YORK (AP) — Stocks climbed Thursday to send Wall Street to its highest level in nearly eight weeks following reports suggesting the economy and corporate profits may be doing better than feared. The S&P 500 rose 1.
Jan 26, 2023 4:05 PM
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Manitoba sending second round of cheques to help with inflation
WINNIPEG — The Manitoba government is issuing a second round of cheques to help people deal with inflation in a move that critics say has more to do with boosting the governing Progressive Conservatives' chances in the next election.
Jan 26, 2023 4:04 PM
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Chevron’s buyback boosts stock, get rebuke from White House
Shares of Chevron climbed Thursday after the oil company announced that it would repurchase $75 billion of its stock, one of the largest-ever stock buyback plans.
Jan 26, 2023 1:42 PM
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Imperial Oil gives OK to $720M renewable diesel project near Edmonton
CALGARY — Imperial Oil Ltd. is going ahead with a $720-million project to build a renewable diesel facility at its Strathcona refinery near Edmonton.
Jan 26, 2023 1:31 PM
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Statistics Canada says job vacancies down 2.4 per cent in November
OTTAWA — Statistics Canada says the number of job vacancies fell by 2.4 per cent in November to their lowest level since August 2021. The agency says the number of job vacancies across all sectors was down 20,700 at 850,300 for the month.
Jan 26, 2023 10:26 AM
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National Bank makes senior exec changes with wealth management head set to retire
MONTREAL — National Bank of Canada says the head of its wealth management business is retiring.
Jan 26, 2023 10:00 AM
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Tips for finding cheaper protein in the meat aisle and beyond
TORONTO — Widespread inflation has led to some eye-popping meat prices, but dietitians say there are budget-friendly ways to get enough protein.
Jan 26, 2023 10:00 AM
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