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National Business
Smaller telecoms cautious on Ottawa's new CRTC policy directives
Some of Canada's independent telecom companies say the federal government is putting too much faith in the country's regulator to foster competition in the telecom sector and ensure internet and wireless services are more affordable.
May 27, 2022 2:34 PM
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Iran seizes 2 Greek tankers in Persian Gulf, tensions spike
DUBAI, United Arab Emirates (AP) — Iran's paramilitary Revolutionary Guard seized two Greek oil tankers on Friday in the Persian Gulf, just after Athens assisted the U.S.
May 27, 2022 1:38 PM
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Judge dismisses Trump's lawsuit, allowing NY probe to go on
NEW YORK (AP) — A federal judge on Friday dismissed Donald Trump’s lawsuit against New York Attorney General Letitia James, rejecting the former president’s claim that she targeted him out of political animus and allowing her civil investigation into
May 27, 2022 1:36 PM
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Federal government posts $95.6 billion deficit for 2021-2022 fiscal year
OTTAWA — The federal government posted a deficit of $95.6 billion for its 2021-22 fiscal year. In its monthly fiscal monitor report, the Finance Department says the tally for the April 2021 to March 2022 period compared with a deficit of $314.
May 27, 2022 11:10 AM
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Key inflation gauge slowed to still-high 6.3% over past year
An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, the first slowdown since November 2020 and a sign that high prices may finally be moderating, at least for now.
May 27, 2022 11:04 AM
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CWB Financial Group Q2 profit up, raises quarterly dividend
EDMONTON — CWB Financial Group is raising its dividend as it reports its second-quarter common shareholders' net income rose three per cent compared with a year ago.
May 27, 2022 8:47 AM
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Asian shares' rise broadly cheered by US earnings, rally
TOKYO (AP) — Asian shares gained Friday as investors cheered a strong set of earnings from retailers that has sent U.S. shares higher. Benchmarks were rising in early trading across the region, including Japan, China, Australia and South Korea.
May 26, 2022 11:47 PM
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Banks sound notes of caution as outlook worsens, even as latest results show growth
TORONTO — Canada's Big Five banks all sounded notes of caution in releasing results this week as pressure builds on the economy, though each pointed to somewhat different strategies in preparing for a potential recession.
May 26, 2022 5:56 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,532.18, up 148.43 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up 41 cents, or 1.8 per cent, to $23.11 on 23.
May 26, 2022 5:53 PM
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Ottawa proposing new internet, phone rules to the CRTC
OTTAWA — Smaller internet service providers (ISPs) are cautiously optimistic about the new telecom policy directives unveiled by the federal government Thursday that are aimed at the Canadian Radio-television and Telecommunications Commission.
May 26, 2022 5:37 PM
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