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National Business
National Business
S&P/TSX up more than 1%, U.S. markets rally to new heights one day after rate cut
TORONTO — Canada's main stock index gained more than one per cent on Thursday, while U.S. stock markets rallied to new records a day after the U.S. Federal Reserve cut its key interest rate.
Sep 19, 2024 1:48 PM
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A timeline of events in the bread price-fixing scandal
Almost seven years since news broke of an alleged conspiracy to fix the price of packaged bread across Canada, the saga isn’t over: the Competition Bureau continues to investigate the companies that may have been involved, and two class-action lawsui
Sep 19, 2024 1:39 PM
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Maple Leaf refutes bread price-fixing claims ahead of attempt to add it to lawsuit
TORONTO — Maple Leaf Foods asserted its innocence in an alleged bread price-fixing scheme ahead of a hearing to determine whether it will be added to an ongoing class-action lawsuit.
Sep 19, 2024 1:38 PM
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Cannabis retailer Tokyo Smoke starts stalking horse sales process
TORONTO — Cannabis retailer Tokyo Smoke says it has begun a stalking horse sales process. The sales process allowed by parent company TS Investments Corp. has priced the beleaguered business at $77 million.
Sep 19, 2024 1:34 PM
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Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world
NEW YORK (AP) — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates . The S&P 500 jumped 1.
Sep 19, 2024 1:23 PM
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Hot Docs says it's reopening theatre on a limited basis, searching for new leader
TORONTO — The beleaguered Hot Docs Film Festival says it will reopen its flagship Toronto theatre on a limited basis as it embarks on a search for a new leader this fall.
Sep 19, 2024 1:19 PM
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Manitoba cabinet minister 'inadvertently' violated rules: ethics commissioner
WINNIPEG — Manitoba's ethics commissioner has found an NDP cabinet minister was in the wrong for failing to disclose a business contract with the government but is not recommending a penalty.
Sep 19, 2024 1:01 PM
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CN to relocate Jasper rail operations 100 kilometres away
MONTREAL — Canadian National Railway Co. says it plans to relocate its operations in Jasper to near Hinton, Alta., about 100 kilometres away. The company says it aims to minimize train stops between Edmonton and Blue River, B.C.
Sep 19, 2024 12:59 PM
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B.C. and First Nations reach deal to sell 2,600 condos at 60% of market value
VANCOUVER — An agreement between First Nations and the British Columbia government will see thousands of homes made available in Vancouver at 40-per-cent below cost.
Sep 19, 2024 12:12 PM
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Facts about the New Brunswick election campaign
FREDERICTON — A quick look at some of the issues in the New Brunswick election campaign: HEALTH CARE Conservatives: introduce "incremental improvements" Liberals: open 30 community-care clinics Greens: spend more to recruit and retain health-care pro
Sep 19, 2024 11:49 AM
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