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National Business
National Business
BoC likely done raising interest rates, despite job gains last month: economists
OTTAWA — The Canadian economy added more jobs than expected in August, but most forecasters still believe the Bank of Canada is done raising interest rates as overall trends in the economy point to a slowdown.
Sep 8, 2023 2:20 PM
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Air Canada repays $589M in debt used to buy Airbus and Boeing aircraft
MONTREAL — Air Canada says it has repaid about $589 million in debt that it used to buy aircraft. The company said Friday it repaid a $462-million loan from Canada's Export Development Corp.
Sep 8, 2023 1:38 PM
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The death toll from flooding in central Greece has increased to 10 while 4 others are missing
ATHENS, Greece (AP) — The death toll from severe flooding in central Greece rose to 10 people Friday, while another four remained missing, a government official said Friday, as rescue crews in helicopters and boats ferried hundreds of people from inu
Sep 8, 2023 11:03 AM
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Travel insurance concerns loom large as hurricane season descends
Last month, an alarming prospect dawned on Ben Birstonas ahead of a $14,000 all-inclusive getaway planned with his family for Bermuda.
Sep 8, 2023 10:00 AM
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Enbridge raises $4.6B in share offering to help pay for U.S. gas utilities deal
CALGARY — Enbridge Inc. has closed a $4.6-billion offering of shares the company announced as part of its deal to buy three U.S. gas utilities earlier this week.
Sep 8, 2023 9:53 AM
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Stock market today: Wall Street drifts at the open, on track for a losing week
NEW YORK (AP) — Stocks are drifting, keeping Wall Street on track to close out its first losing week in the last three. The S&P 500 was up 0.2% early Friday. The Dow was flat and the Nasdaq composite edged up 0.3%.
Sep 8, 2023 9:38 AM
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Here's a quick glance at unemployment rates for August, by Canadian city
OTTAWA — The national unemployment rate was 5.5 per cent in August. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Sep 8, 2023 9:13 AM
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Here's a quick glance at unemployment rates for August, by province
OTTAWA — Canada's national unemployment rate was 5.5 per cent in August. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 8.9 per cent (8.7) _ Prince Edward Island 7.
Sep 8, 2023 9:13 AM
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National employment numbers for August from Statistics Canada, at a glance
OTTAWA — A quick look at Canada's August employment (numbers from the previous month in brackets): Unemployment rate: 5.5 per cent (5.5) Employment rate: 61.9 per cent (62.0) Participation rate: 65.5 per cent (65.
Sep 8, 2023 9:13 AM
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Germany will keep Russian oil giant Rosneft subsidiaries under its control for another 6 months
BERLIN (AP) — The German government said Friday it will keep two subsidiaries of Russian oil giant Rosneft under the control of German authorities for another six months.
Sep 8, 2023 6:52 AM
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