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Stock market today: Wall Street falls and takes a step back after its big rally
NEW YORK (AP) — Stocks closed lower in Wall Street’s first trading after a five-week rally carried it to its highest level since the spring of last year. The S&P 500 fell 0.5% Tuesday. The Dow lost 245 points, or 0.
Jun 20, 2023 2:06 PM
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Canada moving too slow to counter U.S. Inflation Reduction Act: industry association
An industry association representing 2,500 Canadian manufacturers is criticizing the federal government for moving too slowly as investment flows south in response to the U.S. Inflation Reduction Act.
Jun 20, 2023 1:59 PM
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GTA Metro workers vote in favour of strike ahead of contract negotiations
TORONTO — Unifor says Metro grocery workers in the Greater Toronto Area voted 100 per cent in favour of striking ahead of their first contract negotiations since COVID-19 was declared a pandemic.
Jun 20, 2023 1:51 PM
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Businesses' changing credit usage a worrying trend: Equifax
TORONTO — New data suggests a significant shift in credit usage among businesses in the first quarter of 2023, Equifax Canada said.
Jun 20, 2023 1:35 PM
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IMF applauds Canada's climate action, warns of 'race to the bottom' with subsidies
OTTAWA — The International Monetary Fund warns that Canada's green subsidies could stoke an international race to the bottom, even as it credits the country for a "multipronged" approach to addressing climate change.
Jun 20, 2023 12:49 PM
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What you need to know to decide if trip cancellation insurance is worth the cost
Noah Meyer-Delouya, 25, only bought trip cancellation insurance once — and it paid off. The Toronto-based accountant did it because he, his mom and his brother bought cheap tickets to Los Angeles this past January. They figured $67.
Jun 20, 2023 12:35 PM
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Telus and Aussie EV charger Jolt to build up to 5,000 charging stations across Canada
VANCOUVER — Telus has signed a partnership with an Australian electric vehicle charging company, announcing plans to install up to 5,000 EV charging stations across Canada.
Jun 20, 2023 10:26 AM
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Gannett sues Google, Alphabet claiming they have a monopoly on digital advertising
Gannett has filed a civil lawsuit against Google and its parent company Alphabet, claiming that they unlawfully hold monopolies in the advertising technology tools that publishers and advertisers use to buy and sell online ad space. The largest U.S.
Jun 20, 2023 10:02 AM
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OSFI raises capital requirements for big banks to 3.5% amid higher debt levels
OTTAWA — Canada's financial regulator is raising the amount of capital the country's major banks need to have on hand to cover potential losses as it says financial system vulnerabilities remain elevated and in some cases have continued to increase.
Jun 20, 2023 8:45 AM
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Collision tech conference extends Toronto stay to 2024
TORONTO — Global technology conference Collision says it is extending its stay in Toronto for another year. The travelling event showcasing startups and business heavyweights says it will return to the city for its 2024 conference.
Jun 20, 2023 8:07 AM
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