Skip to content

National Business

S&P/TSX composite moves deeper into record territory on broad-based rally

S&P/TSX composite moves deeper into record territory on broad-based rally

TORONTO — Canada's main stock index moved further into record territory on a broad-based rally led by energy as crude prices climbed on increased demand from economic reopenings. The S&P/TSX composite index gained 88.
B.C. to launch compulsory skilled trades certification system

B.C. to launch compulsory skilled trades certification system

VICTORIA — The British Columbia government is launching a compulsory skilled trades certification system that it says will strengthen economic recovery by addressing labour shortages and supporting higher-paying, more stable jobs.
Clock runs out for Tory-led debate over internet bill's impact on freedoms

Clock runs out for Tory-led debate over internet bill's impact on freedoms

OTTAWA — The minority Liberal government pushed forward a key piece of its legislative agenda Friday, as a House of Commons committee wrapped up clause-by-clause review of a bill to give Canada more regulatory power over digital streaming platforms.
Growth in Canadian household wealth on track to slow down as economy reopens

Growth in Canadian household wealth on track to slow down as economy reopens

Statistics Canada said Friday that household financial assets rose for a fourth consecutive quarter and the debt-to-income ratio fell, but some economists predict the gains may slow down as the economy reopens and spending ramps up.
Fashion brand Forever 21 returns to Canada with collections in Hudson's Bay stores

Fashion brand Forever 21 returns to Canada with collections in Hudson's Bay stores

The low-cost fashion brand Forever 21 will have its full collections available at certain Hudson's Bay Co. stores across the country, as the U.S.-brand returns to the Canadian market.
DOJ seeks internal probe on seizure of Democrats' data

DOJ seeks internal probe on seizure of Democrats' data

WASHINGTON (AP) — The Justice Department has asked for an internal investigation after revelations that former President Donald Trump's administration seized phone data from House Democrats in 2018 as part of an aggressive leaks investigation.
DavidsTea creditors approve plan to split $18M owed by insolvent beverage company

DavidsTea creditors approve plan to split $18M owed by insolvent beverage company

MONTREAL — Insolvent beverage company DavidsTea Inc. says creditors have approved its plan of arrangement to distribute about $18 million to them in Canada and the U.S.
Fashion brand Forever 21 returns to Canada with collections in Hudson's Bay stores

Fashion brand Forever 21 returns to Canada with collections in Hudson's Bay stores

The clothing brand Forever 21 is making a return to the Canadian market after an agreement with Hudson's Bay Co. allowing them to offer collections inside the department store.
AP source: J&J doses to be released, but many will be tossed

AP source: J&J doses to be released, but many will be tossed

U.S.
Tourmaline Oil signs deal to buy Black Swan Energy worth $1.1B in stock and debt

Tourmaline Oil signs deal to buy Black Swan Energy worth $1.1B in stock and debt

CALGARY — Tourmaline Oil Corp. says it has signed a deal to buy Black Swan Energy Ltd. in a deal worth $1.1 billion in stock and debt.