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S&P/TSX composite falls more than 200 points Friday, U.S. stock markets also down

S&P/TSX composite falls more than 200 points Friday, U.S. stock markets also down

TORONTO — Canada's main stock index fell more than 200 points on Friday, while U.S. markets also fell, after the latest reports on the labour market showed continued softening on both sides of the border.
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Drivers see cheaper prices at the pump as crude oil slumps

Drivers see cheaper prices at the pump as crude oil slumps

CALGARY — Canadian drivers are enjoying cheaper gas prices heading into fall, a trend experts say could persist through the remainder of the year. As of Friday morning, the average gasoline price in Canada was 152.
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Héroux-Devtek shareholders vote to approve Platinum Equity Advisors deal

Héroux-Devtek shareholders vote to approve Platinum Equity Advisors deal

MONTREAL — Shareholders of Héroux-Devtek Inc. have voted to approve a deal that will see the company acquired by a U.S. private equity firm. The maker of aircraft landing gear says shareholders voted 99.
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Nova Scotia proposes two-year extension to five-per-cent rent cap until end of 2027

Nova Scotia proposes two-year extension to five-per-cent rent cap until end of 2027

HALIFAX — The Nova Scotia government wants to extend its five per cent cap on rent increases another two years, but the province won't create an enforcement unit to bolster its tenancy rules and regulations.
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Montreal home sales, prices rise in August: real estate board

Montreal home sales, prices rise in August: real estate board

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 9.3 per cent in August compared with the same month last year, with levels slightly higher than the historical average for this time of year.
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Japanese owner of 7-Eleven Seven & i Holdings rejects Couche-Tard takeover offer

Japanese owner of 7-Eleven Seven & i Holdings rejects Couche-Tard takeover offer

MONTREAL — The Japanese owner of 7-Eleven has rejected a takeover offer from Quebec-based Alimentation Couche-Tard Inc. Seven & i Holdings Co. Ltd. said the proposal by the Canadian convenience store operator "grossly undervalues" the company.
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As CPA split looms, CPA Canada pitches membership to Ontario, Quebec members

As CPA split looms, CPA Canada pitches membership to Ontario, Quebec members

Four months out from an unprecedented split between the regulators for accountants in Ontario and Quebec and their national counterpart, CPA Canada is pitching a new, separate membership to accountants in the departing provinces. On Sept.
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Circle K owner 'confident' it can close on bid for 7-Eleven owner

Circle K owner 'confident' it can close on bid for 7-Eleven owner

Alimentation Couche-Tard Inc.'s incoming CEO says the retailer is convinced it can close on a blockbuster bid to take over 7-Eleven-owner Seven & i Holdings Co. Ltd, even as the target company says the offer is too low to seriously consider.
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B.C. Greens make election pledge for free transit, doubling of bus numbers

B.C. Greens make election pledge for free transit, doubling of bus numbers

VICTORIA — Public transit in British Columbia should be free for everybody, says Green Party Leader Sonia Furstenau. The Greens are making free public transit one of the party's promises ahead of B.C.'s Oct. 19 election, she said Thursday.
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Former RBC CFO further pushes back against firing in legal filings

Former RBC CFO further pushes back against firing in legal filings

TORONTO — The former chief financial officer of RBC is again pushing back against claims by the bank that it was justified in firing her for allegedly breaching its code of conduct.
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