Skip to content

National Business

Boil-water advisories lifted for three Calgary communities

Boil-water advisories lifted for three Calgary communities

CALGARY — Boil-water advisories in three Calgary communities that went into effect late last week have been lifted.
Read more >
BoC may have to raise rates again this summer given recent momentum, economists say

BoC may have to raise rates again this summer given recent momentum, economists say

OTTAWA — Momentum in the Canadian economy is spurring speculation that a rate hike is on the way, but economists don't expect the Bank of Canada to pull the trigger this week.
Read more >
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of Canada The Bank of Canada will release its latest interest rate decision on Wednesday followed by a speech by deputy governor Paul Beaudry on Thursday.
Read more >
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default

Biden signs debt ceiling bill that pulls US back from brink of unprecedented default

WASHINGTON (AP) — With just two days to spare , President Joe Biden signed legislation on Saturday that lifts the nation’s debt ceiling , averting an unprecedented default on the federal government’s debt.
Read more >
Biden celebrates a 'crisis averted’ in Oval Office address on bipartisan debt ceiling deal

Biden celebrates a 'crisis averted’ in Oval Office address on bipartisan debt ceiling deal

WASHINGTON (AP) — President Joe Biden celebrated a “crisis averted" in his first speech to the nation from the Oval Office Friday evening, ready to sign a budget agreement that eliminates the potential for an unprecedented government default that he
Read more >
Employees often 'collateral damage' when activist investors come calling

Employees often 'collateral damage' when activist investors come calling

CALGARY — Experts say 1,500 recently announced job losses at Suncor Energy Inc. are an example of the type of "collateral damage" that can occur when an activist investor comes calling.
Read more >

Water main break prompts boil-water advisory in three Calgary communities

CALGARY — A boil-water advisory remains in effect for three communities in southwest Calgary after a water main break at a nearby construction site.
Read more >

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,024.63, up 352.38): Suncor Energy Inc. (TSX:SU). Energy. Up 71 cents, or 1.84 per cent, to $39.25 on 22.5 million shares.
Read more >
US hiring jumped last month. So did unemployment. Here's what that says about the economy

US hiring jumped last month. So did unemployment. Here's what that says about the economy

WASHINGTON (AP) — The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of enduring strength in an economy that the Federal Reserve is desperately trying to cool .
Read more >
S&P/TSX composite jumps more than 350 points, U.S. stock markets also climb

S&P/TSX composite jumps more than 350 points, U.S. stock markets also climb

TORONTO — Canada's main stock index jumped more than 350 points Friday, driven by gains in energy, industrials, financials and metals. Meanwhile, U.S.
Read more >