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Statistics Canada reports household debt outpaced income in first quarter
OTTAWA - Statistics Canada says the amount Canadian households owe outpaced income for the sixth straight quarter.The agency says the…
Steel producers association unhappy with tariff remission program extensions
OTTAWA - The head of the Canadian Steel Producers Association says Ottawa’s latest extension of a program that offsets the…
Small grocers embrace Ottawa's national food security strategy
Independent grocers are welcoming the federal government’s national food security strategy, aimed at boosting competition among grocers, growing local produce…
S&P/TSX composite up more than 300 points, U.S. stock markets also higher
TORONTO - Canada’s main stock index was up more than 300 points in late-morning trading, helped by strength in the…
Scotiabank makes offer to take full ownership of Jamaican subsidiary
TORONTO - Scotiabank is proposing to buy the minority stake in Scotia Group Jamaica Ltd. that it does not already…
Stellantis recalls more than 100,000 Jeeps in Canada over fire concerns
WINDSOR - Automaker Stellantis is recalling more than 100,000 Jeep vehicles in Canada over fire concerns and is asking drivers…
Commodity prices weigh on TSX, AI stock swings send Wall Street on roller coaster
TORONTO - Canada’s main stock index finished in negative territory on Tuesday, weighed down by declines in commodity prices, while…
AutoCanada buys repair collision repair centre in Thunder Bay, Ont.
EDMONTON - AutoCanada Inc. says it has bought the Mascarin Collision Centre repair business in Thunder Bay, Ont.Financial terms of…
Transat losses widen as fuel prices, Cuba flight suspensions take a $95M toll
MONTREAL - Soaring fuel prices and a freeze on its flights to Cuba pushed Transat A.T. Inc. deeper into loss…