National Business

TORONTO — Summer of 2024 is now Canada's most destructive season on record for insured losses due to severe weather events, the latest estimates from the Insurance Bureau of Canada show.

NEW YORK (AP) — The U.S.

TORONTO — After Cineplex Inc. was charged a record $38.9-million fine late Monday, experts have a message for other companies adding fees to just about everything sold online: watch out.

REGINA — A report from a tribunal appointed by the Saskatchewan Party government says a proposed federal emissions cap and methane regulations would cause severe economic damage.

OTTAWA — Months of negotiations have resulted in an agreement between Canada and France allowing fishers from a tiny archipelago near Newfoundland a portion of the annual Atlantic halibut catch, officials announced Monday.

OTTAWA — Bank of Canada governor Tiff Macklem says he is pleased that inflation has fallen to two per cent, but the central bank now has to "stick the landing" and keep price growth centred around the target.

WASHINGTON (AP) — American consumers are feeling less confident this month as concerns about jobs rose significantly. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 98.

Some drivers who bought their vehicle within the past couple of years when auto prices were hovering around record highs are now facing the reality that they're underwater with their car loans.

Driven by fake credit applications and identity theft, automotive fraud has surged 54 per cent from a year ago, a report from Equifax Canada has found.

TORONTO — CIBC is the latest Canadian bank to face fines for records-keeping violations in the United States.