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National Business
National Business
New bank rules come into force this month but critics say they don't go far enough
TORONTO — The long wait for shorter wait times on resolving bank complaints is almost over as part of a raft of updates to banking regulations set to come into force.
Jun 12, 2022 10:00 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Household debt: Statistics Canada will release its household debt data for the first quarter on Monday.
Jun 12, 2022 10:00 AM
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The AP Interview: Sri Lanka PM says he's open to Russian oil
COLOMBO, Sri Lanka (AP) — Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis , the newly appointed prime minister said.
Jun 11, 2022 11:05 PM
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Loretta Rogers, director and matriarch of Rogers Communications Inc., dies at 83
VANCOUVER — Loretta Rogers, the matriarch of the Rogers family and long-time director at telecom giant Rogers Communications Inc., has died at the age of 83.
Jun 11, 2022 4:20 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,274.82, down 289.07 points.) Cenovus Energy Inc. (TSX:CVE). Energy. Down 61 cents, or two per cent, to $30.09 on 12.5 million shares.
Jun 10, 2022 5:41 PM
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US inflation at new 40-year high as price increases spread
WASHINGTON (AP) — The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs. Consumer prices surged 8.
Jun 10, 2022 5:37 PM
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Hot U.S. inflation numbers sink North American stock markets ahead of Fed meeting
TORONTO — Higher-than-expected U.S. inflation prompted a selloff across North American stock markets as investors fear the Federal Reserve will hike interest rates even more aggressively and push the economy into recession.
Jun 10, 2022 5:29 PM
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Ranchers' group pushes back against Health Canada's 'vilification' of beef
CALGARY — A group representing Canadian ranchers says their industry has been unfairly singled out by proposed new regulations that would require packaged ground beef to be sold with a health warning label.
Jun 10, 2022 5:21 PM
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Stocks dive to another losing week as inflation worsens
NEW YORK (AP) — Wall Street’s shuddering realization that inflation got worse last month, not better as hoped, sent markets reeling on Friday. The S&P 500 sank 2.
Jun 10, 2022 5:00 PM
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Half a million passengers faced delays on international flights at Pearson in May
"Pearson airport is hell on earth." So declared Ryan Whitney, a former NHLer, in a social media post from Toronto’s main airport this week.
Jun 10, 2022 4:20 PM
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