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Transat sees bright skies ahead despite rising competition, falling disposable income
MONTREAL — The head of Transat AT Inc. said consumers show little sign of travel wariness, but increased competition and customer financial strain have begun to thin out profit margins even as the travel company guns for major growth next year.
Dec 14, 2023 2:36 PM
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Tim Hortons, Telus and Esso reinstate support for Hockey Canada following scandal
TORONTO — A trio of sponsors are backing Hockey Canada once more, after pulling support for the organization when it was embroiled in scandal last year. Fast food chain Tim Hortons, telecommunications firm Telus Corp.
Dec 14, 2023 1:41 PM
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Canadian home sales, listings, prices down in November from a month earlier: CREA
TORONTO — Home sales, prices and listings fell in November from a month earlier as many potential buyers and sellers hunkered down to wait for signs of relief on interest rates, the Canadian Real Estate Association said Thursday. Sales fell 0.
Dec 14, 2023 12:53 PM
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Winnipeg's 100-year-old Nutty Club shuts down due to competition
Winnipeg's renowned candy company, the Nutty Club, is shutting its doors after more than 100 years of business.
Dec 14, 2023 12:53 PM
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Statistics Canada reports manufacturing sales down 2.8% in October
OTTAWA — Statistics Canada says manufacturing sales fell 2.8 per cent to $71 billion, led by a drop in petroleum and coal product sales as well as lower sales in the machinery and computer and electronic product subsectors.
Dec 14, 2023 12:43 PM
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Depressed or anxious about finances amid inflation and rising rates? You're not alone
As rent, mortgage payments, grocery bills and the cost of just about everything else rises, more and more Canadians are feeling the weight — not just on their budgets, but also on their mental well-being.
Dec 14, 2023 11:12 AM
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European Central Bank keeps its key interest rate at a record high. Now, when will it cut?
FRANKFURT, Germany (AP) — The European Central Bank kept its key interest rate at a record high Thursday and said it will keep them there as long as needed to battle back inflation , signaling little as expectations grow that it will start cutting bo
Dec 14, 2023 8:06 AM
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US applications for jobless benefits fall again as labor market continues to thrive
The number of Americans filing for jobless benefits fell last week as the labor market continues to thrive despite high interest rates and elevated costs. Applications for unemployment benefits fell by 19,000 to 202,000 for the week ending Dec.
Dec 14, 2023 7:48 AM
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TMX Group buying 78% stake in VettaFi it doesn't already own for $1.15B
TORONTO — TMX Group Ltd. has signed a deal to buy the 78 per cent stake in VettaFi Holdings LLC that it does not already own for $1.15 billion. U.S.
Dec 14, 2023 7:14 AM
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Bank of England holds interest rates at a 15-year high despite worries about the economy
LONDON (AP) — The Bank of England kept borrowing rates unchanged Thursday despite mounting worries over the state of the British economy, and it showed little sign that it is contemplating cutting them anytime soon — unlike the U.S. Federal Reserve .
Dec 14, 2023 6:45 AM
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