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Oil and gas sector warns emissions cap could lead to production curtailments
CALGARY — Canada's oil and gas industry is warning that Ottawa's emissions cap framework could result in significant production curtailments by companies and higher energy prices for consumers.
Dec 7, 2023 2:38 PM
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Laurentian Bank reports profit down from system outage, cuts 2% of staff
Laurentian Bank of Canada said Thursday it was cutting staff and revamping its strategic plan as it works to move past a major system outage in September and the subsequent ousting of its chief executive.
Dec 7, 2023 2:38 PM
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Stock market today: Wall Street rises ahead of a highly anticipated jobs report
NEW YORK (AP) — Wall Street closed higher following its first three-day losing streak since Halloween. The S&P 500 rose 0.8% Thursday and continued to hang near its highest level since March 2022. The Dow Jones Industrial Average rose 0.
Dec 7, 2023 2:06 PM
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Surge in newcomers putting pressure on inflation via housing demand: BoC official
OTTAWA — The recent surge in newcomers is adding to inflation through housing demand, a senior Bank of Canada official said Thursday, warning rental and home prices could continue to rise without a boost to housing supply.
Dec 7, 2023 1:10 PM
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Roughly half of first-time buyers likely to use first home savings account: BMO poll
TORONTO — A new survey suggests a little more than half of potential first-time homebuyers are interested in using a first home savings account, even though they don't know much about it.
Dec 7, 2023 10:01 AM
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Federal, Quebec ministers say major grocers need to sign code of conduct
The federal and Quebec agriculture and food ministers are calling on all members of the grocery industry supply chain to sign onto a code of conduct.
Dec 7, 2023 8:01 AM
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Holiday budget planning should include more than gifts you're planning on giving
OTTAWA — A holiday spending plan is always a good idea, but as inflation pushes the cost of everything up and higher interest rates squeeze households, a budget is more important than ever.
Dec 7, 2023 8:00 AM
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Filings for jobless claims tick up modestly, continuing claims fall
U.S. applications for jobless benefits ticked up last week, but the overall number of people in the U.S. collecting unemployment benefits fell after hitting its highest level in two years last week.
Dec 7, 2023 6:55 AM
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Intact subsidiary RSA selling U.K. home and pet insurance business
TORONTO — Insurance company Intact Financial Corp. says its Royal & Sun Alliance Insurance Ltd. subsidiary has signed a deal to sell its U.K. home and pet insurance business to Admiral Group.
Dec 7, 2023 6:43 AM
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2024 to bring slower food inflation as prices continue to moderate: report
Food prices will keep rising in 2024, though at a slower pace, according to the latest Food Price Report.
Dec 7, 2023 4:00 AM
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