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Gasoline prices up from a year ago as drivers head into holiday weekend
CALGARY — As crude oil prices hit a twelve-month high on Friday, Canadians planning to hit the road for the last long weekend of summer will pay more for gasoline than they did last Labour Day. The national average gasoline price as of Friday was $1.
Sep 1, 2023 1:24 PM
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Calgary home sales hit record high in August while inventory drops
CALGARY — The latest report from the Calgary Real Estate Board says the city saw record-high sales in August, driven by the condo market. The data shows 2,729 propertieswere sold in the month, an increase of 27.
Sep 1, 2023 1:08 PM
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Competition Bureau approves RBC's proposed takeover of HSBC Canada
GATINEAU, Que. — The Competition Bureau has cleared RBC's proposed $13.5-billion takeover of HSBC Bank Canada despite concerns about concentration in Canada's financial sector.
Sep 1, 2023 9:53 AM
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US employers added a solid 187,000 jobs in August in sign of a still-resilient labor market
WASHINGTON (AP) — America's employers added 187,000 jobs in August, evidence of a slowing but still-resilient labor market despite the high interest rates the Federal Reserve has imposed.
Sep 1, 2023 9:41 AM
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Economists see Bank of Canada holding on rates after surprise GDP contraction
OTTAWA — Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada's rate hiking campaign may be coming to an end.
Sep 1, 2023 9:13 AM
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Stock market today: Wall Street opens higher following signal that labor market is cooling
NEW YORK (AP) — Stocks are opening higher on Wall Street after a closely watched report showed that the job market, while still healthy, has been showing some signs of cooling.
Sep 1, 2023 7:45 AM
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Restaurant Brands International receives approval for share buyback plan
TORONTO — Restaurant Brands International Inc. has received approval from its board of directors to allow it to repurchase up to US$1 billion of its common shares over the next two years. Through the approval, which last until Sept.
Sep 1, 2023 7:26 AM
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CWB Financial Group reports third quarter profit up from a year ago
EDMONTON — CWB Financial Group reported its third-quarter profit rose compared with a year ago. The Edmonton-based bank says its common shareholders' net income totalled $83.1 million for the quarter ended July 31, up from $70 million a year earlier.
Sep 1, 2023 6:34 AM
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Judge blocks Arkansas law requiring parental OK for minors to create social media accounts
LITTLE ROCK, Ark.
Aug 31, 2023 7:14 PM
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Intact Financial estimates Q3 losses at $570 million from wildfires
TORONTO — Intact Financial Corp. in a report Thursday estimated that its catastrophe losses due to wildfires and other weather events totalled about $570 million for the third quarter so far.
Aug 31, 2023 3:55 PM
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