Skip to content

National Business

Increased loneliness, isolation a side effect of inflation for Canadian seniors

Increased loneliness, isolation a side effect of inflation for Canadian seniors

CALGARY — With inflation at a nearly 40-year high, Canadians are feeling the financial strain. In a six-part series this summer, The Canadian Press is speaking to people at different stages of life to see where they’re being hit the hardest.
Western states hit with more cuts to Colorado River water

Western states hit with more cuts to Colorado River water

SALT LAKE CITY (AP) — For the second year in a row, Arizona and Nevada will face cuts in the amount of water they can draw from the Colorado River as the West endures more drought, federal officials announced Tuesday.
Canadian North says fuel shortages affecting flights at airports in High Arctic

Canadian North says fuel shortages affecting flights at airports in High Arctic

NUNAVUT — Canadian North says fuel shortages at several airports in the High Arctic are affecting the amount of passengers and cargo it can carry on some flights.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,269.97, up 89.37 points.) Enbridge Inc. (TSX:ENB). Energy. Up 31 cents, or 0.56 per cent, to $55.47 on 17.5 million shares.
S&P/TSX composite ticks higher; U.S. markets mixed

S&P/TSX composite ticks higher; U.S. markets mixed

Canada’s largest stock index ticked higher Tuesday even as investors digested a new inflation report that experts say will be unlikely to dissuade the Bank of Canada from raising interest rates significantly in September.
Biden signs massive climate and health care legislation

Biden signs massive climate and health care legislation

WASHINGTON (AP) — President Joe Biden signed Democrats’ landmark climate change and health care bill into law on Tuesday, delivering what he has called the “final piece” of his pared-down domestic agenda, as he aims to boost his party’s standing with
Slowing inflation not enough to prevent September interest rate hike, economists say

Slowing inflation not enough to prevent September interest rate hike, economists say

OTTAWA — Inflation in Canada finally appears to have peaked, but it nonetheless remains too high to dissuade the Bank of Canada from raising interest rates significantly in September, economists say. The year-over-year inflation rate slowed to 7.

Fox News gets into movies with story from romance novelist

DAVID BAUDER (AP) — Fox News is getting into the movies by producing its first feature film, an adaptation of “The Shell Collector” from romance novelist Nancy Naigle. The movie, which debuts Sept.
CP-KCS deal wins OK from foreign investment committee in U.S.

CP-KCS deal wins OK from foreign investment committee in U.S.

CALGARY — Canadian Pacific Railway Ltd. is one step closer to receiving the regulatory go-ahead for its acquisition of Kansas City Southern. The Calgary-based railway said Tuesday its purchase of KCS has received the required clearance from the U.S.
Hot dogs vs deli meat; rising costs shape choices at Walmart

Hot dogs vs deli meat; rising costs shape choices at Walmart

NEW YORK (AP) — With inflation hovering near levels not seen in 40 years, higher income Americans turned to Walmart to cut costs on groceries while its lower income customers swapped out deli meats for less expensive hot dogs and canned tuna.