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National Business
National Business
Canada's big banks treat Indigenous, visible minority customers unequally: watchdog
Pressure sales tactics. Ill-fitted suggestions. Misleading information.
May 26, 2022 3:30 PM
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Statistics Canada says retail sales virtually unchanged in March
Canadian retail sales were flat in March as a slump in new car sales offset healthy consumer spending gains elsewhere, Statistics Canada reported Thursday. Total retail sales in Canada hit $60.
May 26, 2022 3:08 PM
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RBC's McKay says "50-50" chance of recession as it reports revenue dip, earnings up
TORONTO — Royal Bank of Canada reported higher earnings Thursday as it said many underlying economic indicators remain strong despite the heightened risk of a recession.
May 26, 2022 2:49 PM
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Trump loses appeal, must testify in New York civil probe
NEW YORK (AP) — Former President Donald Trump must answer questions under oath in the New York attorney general’s civil investigation into his business practices, a state appeals court ruled Thursday, rejecting his argument that he be excused from te
May 26, 2022 2:22 PM
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Job vacancies hit record high of more than 1 million in March: StatCan
OTTAWA — The number of job vacancies across Canada reached an all-time high in March, ending a five-month decline, Statistics Canada said Thursday.
May 26, 2022 1:31 PM
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CIBC revenue climbs but profits weighed by expenses, credit loss provisions
TORONTO — CIBC reported Thursday that its revenue climbed in the second quarter compared with last year, but earnings dipped as both spending to power growth and provisions for potential future loan losses ate into profits at a time of increased unce
May 26, 2022 12:06 PM
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Amid high inflation, baby boomers offer saving advice to younger Canadians
They survived the roaring inflation of the early 1980s and now they have some advice for younger generations: Take the bus, pack a lunch and skip the overseas vacation.
May 26, 2022 11:27 AM
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AltaGas selling Alaskan utilities business to TriSummit Utilities for $1.025 billion
CALGARY — AltaGas Ltd. says it has signed a deal to sell its Alaskan utilities business to TriSummit Utilities Inc. for $1.025 billion.
May 26, 2022 11:14 AM
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Big tech deals keep coming: Broadcom buys VMware for US$61B
Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite an environment of rising inflation and economic uncertainty.
May 26, 2022 10:27 AM
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US economy shrank by 1.5% in Q1 but consumers kept spending
WASHINGTON (AP) — The U.S.
May 26, 2022 9:29 AM
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