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National Business
National Business
CWB reports Q3 profit down from year ago, provision for credit losses up
EDMONTON — CWB Financial Group reported its third-quarter profit fell compared with a year ago as it saw the amount it set aside for bad loans climb higher.
Aug 30, 2024 5:52 AM
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Laurentian Bank reports $34.1M Q3 profit, down from $49.3M a year ago
MONTREAL — Laurentian Bank of Canada says it earned $34.1 million in its third quarter, down from $49.3 million in the same quarter last year.
Aug 30, 2024 5:52 AM
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Ottawa's move to end rail shutdown prompts debate over workers' rights
MONTREAL — Workers’ rights are once again under the microscope after last week’s massive railway work stoppage was abruptly halted when the federal government intervened less than 17 hours after the shutdown began.
Aug 30, 2024 5:43 AM
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Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near
WASHINGTON (AP) — An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time i
Aug 30, 2024 5:38 AM
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Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September
FRANKFURT, Germany (AP) — Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door for the European Central Bank to cut interest rates as the ECB and the U.S.
Aug 30, 2024 2:25 AM
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Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September
FRANKFURT, Germany (AP) — Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door for the European Central Bank to cut interest rates as the ECB and the U.S.
Aug 30, 2024 2:06 AM
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Houthi video shows the Yemeni rebels planted bombs on tanker now threatening Red Sea oil spill
DUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels released footage on Thursday showing their fighters boarded and placed explosives on a Greek-flagged tanker, setting off blasts that put the Red Sea at risk of a major oil spill.
Aug 29, 2024 6:49 PM
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B.C. revamps building code to allow single stairwells in buildings up to six storeys
The province says all new buildings designed under the changes will require safety measures including sprinklers, smoke-management systems and wider stairwells.
Aug 29, 2024 4:06 PM
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Yukon First Nation fears exclusion from mine disaster review, seeks public inquiry
Yukon's Na-Cho Nyak Dun First Nation says an independent review of a disaster at the Eagle Gold mine on its territory is urgently needed but it has serious concerns the Yukon government is trying to "erase" its role in the probe.
Aug 29, 2024 3:51 PM
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Calgarians fail to meet water reduction targets for third consecutive day
CALGARY — Calgarians missed the mark for the third day in a row in the latest round of water rationing, and officials say it appears many residents are ignoring the ban by continuing to water their lawns.
Aug 29, 2024 3:44 PM
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