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Economists say temporary tax cut, relief cheques play into rosier growth picture
TORONTO — The federal government's "meaty" move to pause federal sales tax on a long list of items and send cheques to millions of Canadians this spring could factor into an improving outlook for growth in 2025, economists say.
Nov 21, 2024 3:57 PM
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S&P/TSX composite index gains more than 350 points, U.S. stock markets also rise
TORONTO — Canada's main stock index gained more than 350 points Thursday in a broad rally led by energy and technology stocks, while U.S. markets also rose, led by a one-per-cent gain on the Dow.
Nov 21, 2024 3:42 PM
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Northvolt says Quebec battery plant will proceed despite bankruptcy filing
MONTREAL — Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer's planned electric vehicle battery plant in Quebec — though hundreds of millions of taxpayer dollars invested in
Nov 21, 2024 3:26 PM
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Dynamite, Garage parent company makes debut on Toronto Stock Exchange
Womenswear retailer Groupe Dynamite Inc has made its Toronto Stock Exchange debut.
Nov 21, 2024 3:20 PM
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Stock market today: Wall Street climbs as bitcoin bursts above $99,000
NEW YORK (AP) — U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.
Nov 21, 2024 3:08 PM
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Quebec fiscal update brings $2.1B in new spending, axes tax credit for older workers
QUÉBEC — Quebec Finance Minister Eric Girard tabled an economic update on Thursday with $2.1 billion in new spending over five years amid what he described as a stronger-than-expected recovery from last year's economic slowdown.
Nov 21, 2024 2:59 PM
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As N.L. firm pivots, scientists say Canada's green hydrogen dreams are far-fetched
ST. JOHN'S, N.L. — A Newfoundland energy company's embrace of data centres is raising doubts about eastern Canadian hopes of harnessing the region's howling winds to supply Germany with power from green hydrogen.
Nov 21, 2024 2:56 PM
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Liberals plan to give $250 cheques to millions of Canadians, cut GST over holidays
OTTAWA — The Liberal government is planning to give Canadians a tax break over the holidays and hand out billions of dollars in a move that two opposition leaders characterized as a trick to buy votes from frustrated people struggling with the high c
Nov 21, 2024 2:51 PM
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SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down
Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies and other financial markets, will step down from his post on January 20.
Nov 21, 2024 1:51 PM
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Cariboo Gold Mine in Wells, B.C., gets approval, but a First Nation is opposed
VICTORIA — An operating permit has been granted for the Cariboo Gold Mine in central British Columbia, a project that's expected to process 1.1 million tonnes of gold-bearing ore a year but is still opposed by a First Nation.
Nov 21, 2024 1:13 PM
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