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S&P/TSX composite up almost one per cent Tuesday, U.S. stock markets also higher
TORONTO — Canada's main stock index gained almost one per cent on Tuesday, boosted by financial and technology stocks, while U.S. stock markets also climbed higher, led by a 2.4-per-cent gain on the Nasdaq.
Aug 13, 2024 2:59 PM
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CRTC expands ability for internet providers to sell service over telecoms' networks
Canada's telecommunications regulator is expanding a decision that allows smaller internet providers to use rivals' fibre networks to offer their services to customers.
Aug 13, 2024 2:57 PM
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CAE profits fall as supply-chain headwinds persist
MONTREAL — CAE Inc. is reporting a big drop in profits for its latest quarter as the company grapples with supply-chain constraints. The flight simulator maker says net income attributable to shareholders fell 26 per cent to $48.
Aug 13, 2024 2:52 PM
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Montreal man sentenced to 10 years in U.S. for 'massive' telemarketing scheme
MONTREAL — A Montreal man has been sentenced to 10 years in prison by a Pennsylvania judge for operating a telemarketing scheme that defrauded American seniors of millions of dollars.
Aug 13, 2024 2:47 PM
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Union explains conditions of Postmedia's acquisition of SaltWire newspaper chain
HALIFAX — A national union that represents workers at Atlantic Canada's largest newspaper chain says conditions demanded by Postmedia in its bid to buy the insolvent SaltWire Network are not as bad as some observers had feared.
Aug 13, 2024 2:46 PM
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Nova Scotia urged to address 'pathways' that lead people to losing their homes
HALIFAX — One major step that Nova Scotia can take to reduce homelessness is by addressing the "pathways" that lead vulnerable people to end up on the street, the head of a shelter for women and children said Tuesday.
Aug 13, 2024 2:44 PM
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Stock market today: Wall Street rallies after passing the first of several tests set for this week
NEW YORK (AP) — U.S. stocks rose to one of their best days of the year as Wall Street relaxed after the first of several highly anticipated reports on the economy this week came in better than expected. The S&P 500 rallied 1.
Aug 13, 2024 2:04 PM
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CN Rail, CPKC begin halting shipments of certain goods as strike threat looms
MONTREAL — The country's two main railways have started to halt shipments ahead of a potential strike or lockout next week, the first step toward a possible shutdown as the bargaining deadline approaches. Canadian National Railway Co.
Aug 13, 2024 1:13 PM
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Costco testing membership card scanners at several locations across Canada
TORONTO — Costco Wholesale is testing membership card scanners at the entrances to its stores at several locations across Canada. The retailer says it's testing the scanners at stores in Ottawa, Edmonton, Regina and the B.C. Lower Mainland.
Aug 13, 2024 11:49 AM
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Ontario Teachers' posts 4.2% net return for first six months of 2024
TORONTO — The Ontario Teachers' Pension Plan Board says it earned a net return of 4.2 per cent for the first six months of this year. The result came as the pension fund says it earned net investment income of $10.8 billion for the period.
Aug 13, 2024 10:47 AM
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