Skip to content

National Business

US revises down last quarter's economic growth to 2.6% rate

US revises down last quarter's economic growth to 2.6% rate

WASHINGTON (AP) — The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace, the government said Thursday in a slight downgrade from its previous estimate.
More Americans file for jobless claims; layoffs remain low

More Americans file for jobless claims; layoffs remain low

U.S. applications for jobless benefits rose last week but remain at historically low levels despite efforts by the Federal Reserve to cool the economy and the job market in its fight against inflation. Jobless claims in the U.S.

Constellation Software reports US$152M Q4 profit, acquisitions help lift revenue

TORONTO — Constellation Software Inc. reported a fourth-quarter profit of US$152 million, up from $124 million a year earlier, as acquisitions helped its revenue grow. The company, which keeps its books in U.S.
Responding to Indigenous, Vatican rejects Discovery Doctrine

Responding to Indigenous, Vatican rejects Discovery Doctrine

VATICAN CITY (AP) — The Vatican on Thursday responded to Indigenous demands and formally repudiated the “Doctrine of Discovery,” the theories backed by 15th-century “papal bulls” that legitimized the colonial-era seizure of Native lands and form the
As Canadians miss out on benefits, Ottawa promises automatic tax filing is on the way

As Canadians miss out on benefits, Ottawa promises automatic tax filing is on the way

OTTAWA — The Canada Revenue Agency will pilot a new automatic system next year to help vulnerable Canadians who don't file their taxes get their benefits.
Asia stocks mostly rise after Wall St rally, bank fears ease

Asia stocks mostly rise after Wall St rally, bank fears ease

TOKYO (AP) — Asian shares were mostly higher Thursday following a rally on Wall Street as worries over banks following the collapses of several lenders in recent weeks receded.
Asian stocks mixed after Wall St rally as bank fears ease

Asian stocks mixed after Wall St rally as bank fears ease

TOKYO (AP) — Asian shares were mixed Thursday following a rally on Wall Street as worries over banks following the collapses of several lenders in recent weeks eased further.
Companies bid $264M in Gulf oil sale mandated by climate law

Companies bid $264M in Gulf oil sale mandated by climate law

NEW ORLEANS (AP) — Oil companies offered a combined $264 million for drilling rights in federal waters in the Gulf of Mexico on Wednesday in a sale mandated by last year’s climate bill compromise .
Saskatchewan to spend $6 million for some hip and knee surgeries in Calgary

Saskatchewan to spend $6 million for some hip and knee surgeries in Calgary

REGINA — The Saskatchewan government is to spend up to $6 million to send patients to Calgary for hip and knee surgeries, a move that has irked the province’s largest health-care union.
With no end to federal deficits in sight, budget spells dismay for some economists

With no end to federal deficits in sight, budget spells dismay for some economists

OTTAWA — Even as the Liberals keep a tight focus on new clean-tech and health-care spending, the federal budget released Tuesday still projects deficits for the next five years.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks