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National Business
National Business
US consumer confidence wanes with prices still high and signs of a cooling job market
Americans are feeling less confident financially as summer comes to a close and high prices and interest rates weigh on their willingness to spend. There were also signs Tuesday of cooling in what has been a very resilient U.S. jobs market.
Aug 29, 2023 5:40 PM
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Pilot union launches unfair labour practice complaint against Air Canada, Jazz
MONTREAL — The union representing 1,260 pilots at Jazz Aviation claims their employer and Air Canada have breached the Canada Labour Code, even as it ratified changes to their collective agreement.
Aug 29, 2023 5:12 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,290.41, up 265.27 points): Manulife Financial Corp. (TSX:MFC). Finance. Up 46 cents, or 1.88 per cent, to $24.91 on 11.
Aug 29, 2023 5:01 PM
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Unifor targets Ford Motors as lead company in auto contract talks
TORONTO — Unifor has picked Ford Motor Co. as the lead company for negotiations with the Detroit Three automakers as it works to hammer out new contracts.
Aug 29, 2023 4:55 PM
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Stock market today: Wall Street rises following updates on consumer confidence, job openings
NEW YORK — Technology companies led a broad stock market rally Tuesday after two economic reports raised hopes on Wall Street that the economy is cooling enough for the Federal Reserve to pause hiking interest rates. The S&P 500 rose 1.
Aug 29, 2023 4:44 PM
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S&P/TSX composite gains 265 points Tuesday, U.S. markets also rise
TORONTO — Gains in energy, technology and base metals helped lead a broad-based rally on Canada's main stock index Tuesday, which rose 1.32 per cent, while U.S. markets also posted gains. The S&P/TSX composite index closed up 265.
Aug 29, 2023 4:35 PM
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Metro and Unifor return to bargaining table after court restricts union pickets
TORONTO — Metro and Unifor have returned to the bargaining table a month after thousands of the grocer's employees went on strike across Toronto, the union said.
Aug 29, 2023 3:08 PM
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Scotiabank loan growth slows on cautious approach, deposit focus
TORONTO — Scotiabank's loan growth slowed last quarter as the bank took a more cautious approach to lending amid heightened strain on borrowers from higher interest rates.
Aug 29, 2023 1:31 PM
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BMO earnings hit by severance, legal costs as it focuses on containing expenses
TORONTO — BMO Financial Group's third-quarter profit took a hit in part from severance costs and rising provisions for bad loans as the bank prepares for an extended stretch of economic strain.
Aug 29, 2023 12:45 PM
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Canadians turn to credit cards as many face payment shock: TransUnion report
TORONTO — A new TransUnion report shows a consistent rise in borrowing among Canadians in the second quarter as they contend with the higher cost of living.
Aug 29, 2023 12:10 PM
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