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National Business
National Business
S&P/TSX composite falls despite strong jobs report, but up for a third-straight week
TORONTO — Canada's main stock index fell on Friday despite a strong jobs report in February but still ended higher for a third straight week as the Ukraine war continued to spawn volatility and push oil prices higher.
Mar 11, 2022 4:10 PM
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Amid global energy crisis, labour shortage constrains growth of Canadian oilpatch
CALGARY — Labour shortages in Canada's oil and gas industry could curb its ability to quickly step in to fill a gap in supply left in the wake of U.S. sanctions against Russia, industry insiders say.
Mar 11, 2022 3:50 PM
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Dorel continued to be hampered in Q4 by supply chain constraints, rising costs
Worsening supply chain constraints and higher costs, especially for transportation, increased fourth-quarter and 2021 net losses at juvenile products and home furnishings manufacturer Dorel Industries Inc.
Mar 11, 2022 3:18 PM
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'It's scorching:' What Canada's hot labour market means for job hunters, recruiters
Canada's jobless rate has tumbled below pre-pandemic levels, creating a candidate-driven market where job postings abound but workers are hard to find. The unemployment rate sank to 5.5 per cent in February — the lowest it's been since it was 5.
Mar 11, 2022 3:12 PM
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Statistics Canada says household debt-to-income ratio hit record high in Q4
OTTAWA — Statistics Canada says the ratio of household debt to disposable income hit a record level in the fourth quarter as mortgage borrowing rose and disposable income fell.
Mar 11, 2022 2:28 PM
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Looking closer at your portfolio amid the war in Ukraine
TORONTO — The war in Ukraine is forcing investors, especially those who prioritize environmental, social and governance (ESG) factors, to take a closer look at the stocks and other assets they hold, whether individually or through funds.
Mar 11, 2022 2:17 PM
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292-metre-long bulk carrier ship adrift off Newfoundland's southeastern coast
ST. JOHN'S, N.L. — The Canadian Coast Guard says three large tug vessels are en route to help a large bulk carrier ship adrift off the southeastern coast of Newfoundland.
Mar 11, 2022 11:56 AM
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US slashes Russia trade status, bans its alcohol and seafood
WASHINGTON (AP) — President Joe Biden announced Friday the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.
Mar 11, 2022 10:54 AM
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CGI to expand in Europe to buy French digital services company Umanis
MONTREAL — CGI Inc. has announced a deal to expand its business in Europe with an agreement to buy Umanis, a French digital services company.
Mar 11, 2022 9:15 AM
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Here's a quick glance at unemployment rates for February, by Canadian city
OTTAWA — The national unemployment rate was 5.5 per cent in February. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Mar 11, 2022 8:17 AM
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