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National Business
National Business
Canadian fintech valuations hit pandemic-era levels as investment sinks: report
TORONTO — Investment in Canadian fintech companies plunged in the first half of the year as valuations fell to levels not seen since the beginning of the pandemic, says a report by KPMG in Canada.
Aug 17, 2023 2:36 PM
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Metro asks Labour Ministry for help reaching deal with striking GTA workers, Unifor
TORONTO — Metro Inc. has asked a conciliation officer to step in and help it find a resolution to a strike by grocery store workers in Toronto, the grocer said Thursday.
Aug 17, 2023 12:57 PM
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Average long-term US mortgage rate climbs to 7.09% this week to highest level in more than 20 years
The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, pushing up borrowing costs for homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.
Aug 17, 2023 12:28 PM
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Hand mixers and kitchen tools hot sellers at Walmart in an era of high prices
NEW YORK (AP) — Walmart racked up another strong quarterly sales gain as its low-prices continue to attract budget conscious consumers looking for deals in a tough economic environment.
Aug 17, 2023 11:56 AM
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Canopy Growth to sell Hershey Drive facility back to Hershey Canada for $53M
The Hershey building in Smiths Falls, Ont., is headed back into the hands of the company that made the facility famous. Cannabis company Canopy Growth Corp.
Aug 17, 2023 11:42 AM
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Budgeting important part of RESP spending plan as students head to school
OTTAWA — Parents across the country are getting ready to tap into registered education savings plans to help pay for their children's post-secondary schooling this fall. After years of saving, the time has come to start spending those nest eggs.
Aug 17, 2023 10:00 AM
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U.S. jobless claims applications fall as labor market continues to show resiliency
The U.S. labor market continues to flex its muscle as applications for jobless claims fell again last week and remain at healthy levels in the face of high interest rates and inflation.
Aug 17, 2023 9:35 AM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,899.07, down 0.72 points): Enbridge Inc. (TSX:ENB). Energy. Down two cents, or 0.04 per cent, to $46.84 on 15.5 million shares.
Aug 16, 2023 4:51 PM
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Energy sector helps keep S&P/TSX flat Wednesday, U.S. stock markets down
TORONTO — Strength in the energy sector helped buoy Canada's main stock index to close flat on Wednesday while U.S. markets moved lower. The S&P/TSX composite index closed down less than one point at 19,899.07.
Aug 16, 2023 4:38 PM
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Nova Scotia Power handed $750,000 fine for failing to meet performance standards
HALIFAX — Nova Scotia's electric utility has been fined $750,000 for failing to meet 2022 performance targets set by the provincial regulator.
Aug 16, 2023 4:37 PM
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