Skip to content

National Business

Renting increased by three times the rate of home ownership in last decade: RBC

Renting increased by three times the rate of home ownership in last decade: RBC

TORONTO — Royal Bank of Canada economists say the country has reached a record number of renters as the number of people renting has increased at three times the rate of homeowners in the past decade.
Making 'indie' video games gets trickier as industry evolves

Making 'indie' video games gets trickier as industry evolves

Video game developer Ben Esposito’s first big break was a quirky game called Donut County starring a raccoon who dropped small objects and then entire neighborhoods into an ever-growing hole in the ground.
World stocks lower as China scales back many COVID curbs

World stocks lower as China scales back many COVID curbs

World shares slipped on Wednesday, with Hong Kong’s benchmark down more than 3%, even as Beijing announced it was scaling back its “zero-COVID” policies. U.S. futures and oil prices also dropped.
Trump Organization convicted in executive tax dodge scheme

Trump Organization convicted in executive tax dodge scheme

NEW YORK (AP) — Donald Trump’s company was convicted of tax fraud Tuesday for helping executives dodge taxes on extravagant perks such as Manhattan apartments and luxury cars, a repudiation of financial practices at the former president’s business as
San Francisco police can't use deadly robots for now

San Francisco police can't use deadly robots for now

SAN FRANCISCO (AP) — San Francisco supervisors voted Tuesday to put the brakes on a controversial policy that would let police use robots for deadly force.
Most actively traded companies on the Toronto Stock Exchange

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 (19,990.17, down 252.09 points): Suncor Energy Inc. (TSX:SU). Energy. Down $1.30, or 3.1 per cent, to $40.93 on 21.8 million shares.
Maryland bans TikTok in state agencies, latest state to act

Maryland bans TikTok in state agencies, latest state to act

ANNAPOLIS, Maryland (AP) — Maryland is banning the use of TikTok and certain China and Russia-based platforms in the state’s executive branch of government, Gov.
S&P/TSX composite ends down more than 250 points, U.S. stock markets also down

S&P/TSX composite ends down more than 250 points, U.S. stock markets also down

TORONTO — Canada's main stock index closed down more than 250 points Tuesday in broad losses led by energy and technology over interest rate concerns and a drop in crude prices, while U.S. stock markets were also in the red.
Court upholds all but one rule on airline compensation for passengers

Court upholds all but one rule on airline compensation for passengers

The rules that bolster compensation for air passengers subjected to delayed flights and damaged luggage have been largely upheld in a Federal Court of Appeal ruling.
COVID-19 benefits helped economy rebound, but post-payment verification lacking: AG

COVID-19 benefits helped economy rebound, but post-payment verification lacking: AG

OTTAWA — Canada's auditor general says COVID-19 benefits were delivered quickly and helped mitigate economic suffering, but the federal government hasn’t done enough to recover billions of dollars in overpayments.