Skip to content

National Business

Ford promises 'huge' investment in Windsor, Ont., auto plant after shift cuts

TECUMSEH, Ont. — Ontario Premier Doug Ford says the province and federal governments will be making a "huge" investment in a Windsor, Ont., auto assembly plant to help ramp up production after the company announced a shift cut.
Disney delays 'Indiana Jones 5,’ ‘Black Panther 2’ releases

Disney delays 'Indiana Jones 5,’ ‘Black Panther 2’ releases

LOS ANGELES (AP) — The Walt Disney Co. is pushing back the release dates of many of its upcoming titles, including the untitled Indiana Jones movie and the Black Panther sequel “Wakanda Forever.
Hudson's Bay sues Quebec retailer alleging trademark infringement of Zellers brand

Hudson's Bay sues Quebec retailer alleging trademark infringement of Zellers brand

TORONTO — Hudson's Bay Co. ULC is suing a Quebec retail family over the use of the Zellers brand.
TransAlta wind farm in N.B. temporarily taken offline after tower collapse

TransAlta wind farm in N.B. temporarily taken offline after tower collapse

CALGARY — TransAlta Renewables Inc. says it has temporarily taken a wind farm in New Brunswick offline after a tower collapse. The Calgary-based company says one of the towers at the 167 MW Kent Hills wind facility in Kent Hills, N.B. collapsed.
Businesses see higher inflation, wages and job changes, Bank of Canada reports

Businesses see higher inflation, wages and job changes, Bank of Canada reports

OTTAWA — Consumers and businesses expect increases in the cost of living to stay hot over the next year, the Bank of Canada says as part of surveys results that also show people more willing to search for new jobs, and businesses willing to pay more
CMHC says annual pace of housing starts in Canada slowed in September

CMHC says annual pace of housing starts in Canada slowed in September

OTTAWA — The annual pace of housing starts in September fell compared with August as they continued to slow from their highs reached earlier this year. Canada Mortgage and Housing Corp.
S&P/TSX composite up in late-morning trading, U.S. stock markets also climb

S&P/TSX composite up in late-morning trading, U.S. stock markets also climb

TORONTO — Canada's main stock index ticked higher in late-morning trading helped by gains in the energy, industrial and technology sectors, while U.S. stock markets also climbed higher. The S&P/TSX composite index was up 14.00 points at 20,942.
Hexo CEO Sebastien St-Louis leaves company amid strategic reorganization

Hexo CEO Sebastien St-Louis leaves company amid strategic reorganization

OTTAWA — Hexo Corp. says Sebastien St-Louis, the cannabis company's co-founder and chief executive, is leaving the company, effective immediately. The change comes as the company completes a strategic reorganization.

Noront reaches takeover deal with Wyloo Metals, says bid superior to BHP offer

TORONTO — Noront Resources Ltd. says it has agreed to a takeover offer by Wyloo Metals Pty Ltd., putting aside a deal it signed to be acquired by BHP.
China's economic growth weakens amid construction slowdown

China's economic growth weakens amid construction slowdown

BEIJING (AP) — China’s economic growth is sinking under pressure from a construction slowdown and power shortages, prompting warnings about a possible shock to its trading partners and global financial markets.