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National Business
National Business
Tech sector says more job cuts to come as Elevate conference gets underway
TORONTO — The Elevate technology conference made its return to Toronto this week with a buzzy spectacle — shutting down several blocks of the Esplanade neighbourhood for a block party with performances from artists like rapper Haviah Mighty and sched
Sep 21, 2022 11:25 AM
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Toronto's Pearson Airport ranks low in customer satisfaction, again: survey
A survey has found Toronto Pearson International Airport ranked among the lowest in customer satisfaction of all major North American airports for the second year running. The J.D.
Sep 21, 2022 10:41 AM
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Stats Canada says Canada's homeownership rate fell in latest 2021 census release
OTTAWA — Canada's homeownership rate is on the decline, with young adults in particular less likely to own a home in 2021 than they were adecade earlier, says Statistics Canada. According to the latest census release, 66.
Sep 21, 2022 10:28 AM
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Milan Fashion Week hears calls for more designer diversity
MILAN (AP) — The Milan Fashion Week that opens Wednesday is showcasing collections by perhaps its most ethnically diverse lineup of designers, including the debuts of the new creative directors of Salvatore Ferragamo and Bally and the return of Haiti
Sep 21, 2022 9:18 AM
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BDC launches $500M investment platform to help boost women-led businesses
TORONTO — BDC has announced the launch of Thrive Venture Fund and Lab for Women, a $500-million investment platform that will support the growth and economic impact of Canadian women-led businesses, as women continue to face an uphill battle when try
Sep 21, 2022 9:13 AM
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U.K. regulator adds new wrinkle in Dye & Durhram deal for Link Group
TORONTO — A U.K. regulator has assessed a penalty of 50 million pounds against Link Group, the Australian company that Dye & Durham Ltd. is trying to acquire, raising questions about the future of the deal.
Sep 21, 2022 8:59 AM
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US home sales slipped, prices grew more slowly in August
Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage rates and rising prices made homebuying less affordable, further cooling the once red-hot housing market.
Sep 21, 2022 8:29 AM
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Teck Resources cutting steelmaking coal sales guidance after equipment failure
VANCOUVER — Teck Resources Ltd. is cutting its steelmaking coal sales guidance after an equipment failure at its Elkview operation in B.C. and a strike at Westshore Terminals.
Sep 21, 2022 6:07 AM
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Germany nationalizes country's biggest gas importer Uniper
BERLIN (AP) — The German government said Wednesday that it has agreed to nationalize the country's biggest gas importing company, Uniper, expanding state intervention in the industry to prevent an energy shortage resulting from Russia's war in Ukrain
Sep 21, 2022 12:41 AM
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B.C. strike and cyberattack impacting OCS could cause $3M revenue hit for Aurora: CEO
Aurora Cannabis Inc. says it could take a revenue hit of up to $3 million because of a cyberattack that downed Ontario's pot distributor and a strike that halted deliveries to B.C. marijuana stores.
Sep 20, 2022 3:21 PM
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