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TSX down almost 1% Friday, U.S. stock markets fall sharply as rate cut hopes wane

TSX down almost 1% Friday, U.S. stock markets fall sharply as rate cut hopes wane

TORONTO — Canada's main stock index lost almost one per cent on Friday as the market saw broad-based weakness, while U.S. markets also fell. The downward slide comes as investors have had to swallow a bitter pill this week, with U.S.
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Stock market today: Wall Street falls sharply to close out its worst week since October

Stock market today: Wall Street falls sharply to close out its worst week since October

NEW YORK (AP) — U.S. stocks fell sharply following a mixed start to earnings reporting season. The S&P 500 sank 1.5% Friday. The Dow dropped 1.2%, and the Nasdaq composite fell 1.6% from its record.
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Striking crab fishers vow to resume protests at Newfoundland and Labrador legislature

Striking crab fishers vow to resume protests at Newfoundland and Labrador legislature

ST. JOHN'S, N.L. — The man who led a fish harvesters protest that shut down the Newfoundland and Labrador legislature building last month says he and his colleagues plan to return on Monday to keep up their fight for what he calls "free enterprise.
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Asking rent prices in March up 8.8% from year ago, but down from February: Urbanation

Asking rent prices in March up 8.8% from year ago, but down from February: Urbanation

TORONTO — A new report says the asking rent for a home in Canada in March was up 8.8 per cent compared with a year ago, but down from February. The report by Urbanation, which analyzes monthly listings from Rentals.
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Jurors in Coutts blockade public mischief trial will hear final arguments next week

Jurors in Coutts blockade public mischief trial will hear final arguments next week

LETHBRIDGE, Alta. — The Crown and defence lawyers have wrapped up their cases in the trial of three men accused of orchestrating the border shutdown at Coutts, Alta., in early 2022.
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House passes reauthorization of key US surveillance program after days of upheaval over changes

House passes reauthorization of key US surveillance program after days of upheaval over changes

WASHINGTON (AP) — The House voted Friday to reauthorize and reform a key U.S. government surveillance tool following a dramatic showdown on the floor over whether the FBI should be restricted from using the program to search for Americans’ data.
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Home prices expected to climb 4.9% in 2024 as sales rise last month: CREA

Home prices expected to climb 4.9% in 2024 as sales rise last month: CREA

The Canadian Real Estate Association says it's now expecting the national average home price to climb 4.9 per cent on an annual basis to $710,468, more than double the hike it had predicted at the start of 2024.
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Regulator limiting leverage in bank mortgage portfolios

Regulator limiting leverage in bank mortgage portfolios

OTTAWA — Canada's banking regulator says it will be putting limits on how much leverage banks allow in their uninsured mortgage portfolios.
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Corus CEO hopeful TV advertisers will return as company posts $9.8M Q2 loss

Corus CEO hopeful TV advertisers will return as company posts $9.8M Q2 loss

TORONTO — Despite a drop in advertising revenue, the chief executive of Corus Entertainment Inc. says he is confident the television and radio broadcaster can draw advertisers back as it focuses more on growing digital and streaming audiences.
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Toronto airports authority announces 'decade-long investment' in Pearson Airport

Toronto airports authority announces 'decade-long investment' in Pearson Airport

Toronto’s airports authority has announced a multibillion-dollar plan to update and modernize Toronto Pearson Airport.
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