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Energy stocks help S&P/TSX composite rise almost 100 points, U.S. markets move higher
TORONTO — Strength in energy stocks helped Canada's main stock index gain almost 100 points Monday, while U.S. markets were also higher. The market boost from what was perceived as a pivot by the U.S.
Dec 18, 2023 4:45 PM
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Stock market today: Wall Street closes mixed after 7 straight weeks of gains
NEW YORK — Stocks ended mixed on Monday as Wall Street's seven-week winning streak cooled off. The S&P 500 rose 0.5% and the Nasdaq composite picked up 0.6%, while the Dow Jones Industrial Average finished essentially flat after most of a 0.
Dec 18, 2023 4:34 PM
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TD racial equity audit finds bank has taken significant steps, more work to be done
TORONTO — TD has taken significant steps toward promoting diversity and inclusion, it says in the bank's first racial equity audit, but could do more on aspects like consistency and measurement.
Dec 18, 2023 4:24 PM
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Oxford Properties sells stake in two Greater Toronto industrial parks for $1B
TORONTO — Alternative asset management firm TPG has acquired a 75 per cent stake in two Greater Toronto Area industrial business parks from developer Oxford Properties Group for $1 billion.
Dec 18, 2023 4:16 PM
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Love it or hate it, self-checkout is here to stay. But it's going through a reckoning
NEW YORK (AP) — The promise of self-checkout was alluring: Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monotonous tasks themselves and retailers could save on labor costs.
Dec 18, 2023 3:37 PM
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Trans Mountain project costs 'reasonably and justifiably incurred:' company says
CALGARY — The company building the Trans Mountain pipeline expansion has submitted evidence to support its claim that oil companies must pay more in tolls in light of the pipeline project's mounting costs.
Dec 18, 2023 2:36 PM
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Houthi attacks on commercial ships have upended global trade in vital Red Sea corridor
LONDON (AP) — The attacks on commercial vessels in the Red Sea by Yemen's Houthi rebels have scared off some of the world's top shipping companies and oil giants, effectively rerouting global trade away from a crucial artery for consumer goods and en
Dec 18, 2023 2:36 PM
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Gildan chair Donald Berg says CEO change a careful and deliberate process
MONTREAL — Gildan Activewear Inc. says its plan to replace co-founder Glenn Chamandy as chief executive was a multi-year, careful and deliberate process that included him when it was appropriate to do so.
Dec 18, 2023 1:41 PM
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Annual rent increases slowing as average asking price reaches $2,174 in November
A report says the average asking price for a rental unit in Canada was $2,174 in November, relatively flat from the previous month but an 8.4 per cent increase year-over-year. The data released Friday by Rentals.
Dec 18, 2023 11:57 AM
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Canopy Growth sells This Works skin care brand to U.K. investment firm
SMITHS FALLS, Ont. — Canopy Growth Corp. says it has sold its This Works skin care and wellness brand to a U.K. investment firm. The Smiths Falls, Ont.-based cannabis company says the deal with Inspirit Capital is valued at up to $15.9 million.
Dec 18, 2023 10:28 AM
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