Skip to content

National Business

Magna Q3 profit down as auto production falls due to semiconductor chip shortage

Magna Q3 profit down as auto production falls due to semiconductor chip shortage

TORONTO — Magna International Inc. reported its third-quarter profit fell compared with a year ago and cut its outlook for its full year as auto production around the world fell due the shortage of semiconductor chips.
National employment numbers for October from Statistics Canada, at a glance

National employment numbers for October from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's October employment (numbers from the previous month in brackets): Unemployment rate: 6.7 per cent (6.9) Employment rate: 61.0 per cent (60.9) Participation rate: 65.3 per cent (65.
Here's a quick glance at unemployment rates for October, by province

Here's a quick glance at unemployment rates for October, by province

OTTAWA — Canada's national unemployment rate was 6.7 per cent in October. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 13.9 per cent (13.1) _ Prince Edward Island 9.
Here's a quick glance at unemployment rates for October, by Canadian city

Here's a quick glance at unemployment rates for October, by Canadian city

OTTAWA — The national unemployment rate was 6.7 per cent in October. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Manulife Financial raises quarterly dividend after ban on increases lifted

Manulife Financial raises quarterly dividend after ban on increases lifted

TORONTO — Manulife Financial Corp. is raising its dividend after a federal regulator lifted a ban on increases by the country's banks and insurance companies that was put in place in the early days of the pandemic.
Russia gets partial win in $50B case over bankrupt oil giant

Russia gets partial win in $50B case over bankrupt oil giant

THE HAGUE, Netherlands (AP) — The Dutch Supreme Court on Friday handed Russia at least a temporary victory in an appeal of what’s believed to be the world’s largest award in an arbitration case after former shareholders of bankrupted Russian oil gian
New COVID-19 pill cut hospital, death risk by 90%

New COVID-19 pill cut hospital, death risk by 90%

WASHINGTON (AP) — Pfizer Inc.
US mandates vaccines or tests for big companies by Jan. 4

US mandates vaccines or tests for big companies by Jan. 4

Tens of millions of Americans who work at companies with 100 or more employees will need to be fully vaccinated against COVID-19 by Jan. 4 or get tested for the virus weekly under government rules issued Thursday.
Interfor Q3 profit falls despite record production; U.S. output offsets wildfires

Interfor Q3 profit falls despite record production; U.S. output offsets wildfires

BURNABY, B.C. — Interfor Corp. says its net profit plunged in its latest quarter despite record production in which U.S. output offset decreases in British Columbia caused by wildfires. The Burnaby, B.C., company says it earned $65.6 million or $1.
No arm-twisting: Kerry says corporates back plan to cut CO2

No arm-twisting: Kerry says corporates back plan to cut CO2

GENEVA (AP) — A new project trumpeted by U.S. President Joe Biden in which companies underpin development of low-carbon technologies through their buying power amounts to a “big transformation,” U.S. climate envoy John Kerry said Thursday.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks