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S&P/TSX composite gains more than 300 points, U.S. markets also rise

S&P/TSX composite gains more than 300 points, U.S. markets also rise

TORONTO — Canada's main stock index gained more than 300 points to end the week as strength in the energy, base metal and technology sectors helped lead a broad-based rally, while U.S. markets also climbed higher.
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Stock market today: Apple-juiced rally closes bruising week

Stock market today: Apple-juiced rally closes bruising week

NEW YORK (AP) — Apple was at the head of a widespread rally on Wall Street after the stock market’s most influential company reported a better profit than expected.
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Shopify layoff comes as some say it's taking longer for people to find jobs

Shopify layoff comes as some say it's taking longer for people to find jobs

TORONTO — Shopify Inc.'s layoff this week will add a slew of new workers to the job-hunting pool at a time when experts say candidates are taking longer to find their next gig.
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BoC might have to rethink rate pause as unemployment remains very low: economists

BoC might have to rethink rate pause as unemployment remains very low: economists

OTTAWA — The labour market is showing no signs of the slowdown the Bank of Canada is hoping for to get inflation down to two per cent, something economists say could force the central bank to get off the sidelines and raise rates again.
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New Enbridge tolling deal will protect Mainline pipeline from impacts of TMX opening

New Enbridge tolling deal will protect Mainline pipeline from impacts of TMX opening

CALGARY — Enbridge Inc.'s successful negotiation of a tolling deal for its Mainline pipeline system will help protect the company against significant volume losses once the Trans Mountain pipeline expansion opens, analysts say.
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WHO downgrades COVID pandemic, says it's no longer emergency

WHO downgrades COVID pandemic, says it's no longer emergency

GENEVA (AP) — The World Health Organization said Friday that COVID-19 no longer qualifies as a global emergency, marking a symbolic end to the devastating coronavirus pandemic that triggered once-unthinkable lockdowns, upended economies and killed mi
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US adds a solid 253,000 jobs despite Fed's rate hikes

US adds a solid 253,000 jobs despite Fed's rate hikes

WASHINGTON (AP) — America’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising interest rates, chronically high inflation and a banking crisis that could weaken the econom
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Here's a quick glance at unemployment rates for April, by Canadian city

Here's a quick glance at unemployment rates for April, by Canadian city

OTTAWA — The national unemployment rate was 5.0 per cent in April. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
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Here's a quick glance at unemployment rates for April, by province

Here's a quick glance at unemployment rates for April, by province

OTTAWA — Canada's national unemployment rate was 5.0 per cent in April. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.1 per cent (10.3) _ Prince Edward Island 7.
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National employment numbers for April from Statistics Canada, at a glance

National employment numbers for April from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's April employment (numbers from the previous month in brackets): Unemployment rate: 5.0 per cent (5.0) Employment rate: 62.4 per cent (62.4) Participation rate: 65.6 per cent (65.
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