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National Business
National Business
Job vacancies little changed, wage growth slowing: Statistics Canada
OTTAWA — Statistics Canada says job vacancies were little changed at 848,800 in December, compared with 849,200 in November, levelling off after trending downward from a peak of more than one million in May.
Feb 23, 2023 11:40 AM
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Black-owned businesses smaller, less profitable than others: Statistics Canada
OTTAWA — Black-owned businesses in Canada tend to be smaller and perform less well financially than businesses owned by white people or by other racialized groups, Statistics Canada said.
Feb 23, 2023 9:45 AM
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US nominates Ajay Banga for World Bank president
WASHINGTON (AP) — The United States is nominating former Mastercard CEO Ajay Banga to lead the World Bank , President Joe Biden announced on Thursday, crediting him with critical experience on global challenges including climate change.
Feb 23, 2023 8:16 AM
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From cremation to estate planning, here's how to keep the cost of death down
If you’ve ever thought about what kind of funeral you’d like to have, you might be interested in planning it yourself — or even paying for it while you’re still alive. In fact, experts say it can be a smart financial decision.
Feb 23, 2023 8:00 AM
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TransAlta reports $163M Q4 loss, revenue up 40% from year ago
CALGARY — TransAlta Corp. reported a loss of $163 million in its latest quarter compared with a loss of $78 million in the same quarter a year earlier as its revenue rose 40 per cent.
Feb 23, 2023 7:49 AM
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US revises down last quarter's economic growth to 2.7% rate
WASHINGTON (AP) — The U.S. economy expanded at a 2.7% annual rate from October through December, a solid showing despite rising interest rates and elevated inflation, the government said Thursday in a downgrade from its initial estimate .
Feb 23, 2023 7:44 AM
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U.S. applications for jobless benefits fall again last week
The number of Americans filing for jobless aid fell last week as the labor market remains resilient in the face of the Federal Reserve's interest rate increases meant to cool the economy. Applications for unemployment benefits in the U.S.
Feb 23, 2023 6:53 AM
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First Quantum suspends ore processing at Cobre Panama as dispute escalates
TORONTO — First Quantum Minerals Ltd. has suspended ore processing operations at its Cobre Panama mine. The stoppage is the latest escalation in its dispute with the Panamanian government over tax and royalty payments.
Feb 23, 2023 6:09 AM
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Young Canadians less confident in financial future than a year ago: RBC poll
TORONTO — A new poll by RBC has found that Canadians aged 18 to 34 are much less confident today about their financial futures than they were a year ago.
Feb 23, 2023 4:15 AM
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Bombardier takes top spot for business jet production globally
Bombardier retained its position as the world's biggest business jet manufacturer in 2022, increasing its sales even as worries persisted around a possible economic slump.
Feb 23, 2023 2:00 AM
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