Skip to content

National Business

Average asking rents down annually for seventh straight month at $2,127: report

Average asking rents down annually for seventh straight month at $2,127: report

TORONTO — The national average asking rent in April was down year-over-year for the seventh straight month at $2,127, marking a decrease of 2.8 per cent. The latest data from Rentals.
Ottawa, Indigenous capital group sign first-of-its-kind 10-year agreement

Ottawa, Indigenous capital group sign first-of-its-kind 10-year agreement

OTTAWA — Ottawa and the National Aboriginal Capital Corporation Association have signed a first-of-its-kind, $514 million agreement to help boost entrepreneurship.
White House proposes overhauling the outdated US air traffic control system in the wake of crashes

White House proposes overhauling the outdated US air traffic control system in the wake of crashes

The Trump administration proposed a major overhaul of the U.S. air traffic control system on Thursday in the wake of recent deadly plane crashes and technical failures that have put a spotlight on the outdated network.
Four small modular reactors at Darlington to cost $21 billion to build

Four small modular reactors at Darlington to cost $21 billion to build

Construction on the first of four small modular reactors at a nuclear station east of Toronto is set to begin this year with the entire project costing $21 billion.
Tim Hortons parent Restaurant Brands sees weaker spending as consumer confidence dips

Tim Hortons parent Restaurant Brands sees weaker spending as consumer confidence dips

TORONTO — A dip in consumer confidence and broader uncertainty in the economy helped drive down first-quarter profits at Restaurant Brands International Inc., its chief executive said.
Trade war threatens progress made on financial stability, creating higher risks: BoC

Trade war threatens progress made on financial stability, creating higher risks: BoC

The financial picture for Canadian households and businesses was showing signs of increased health until the United States started a trade war, the Bank of Canada said Thursday.
Shopify seeing 'little evidence' of tariffs sparking slowdown for merchants

Shopify seeing 'little evidence' of tariffs sparking slowdown for merchants

Shopify Inc.'s executives say even though businesses are shaking up their operations to cope with a global trade war, their company has yet to notice the unrest putting a damper on commerce.
Quebecor CEO warns of grim future for TVA Sports amid rising cost of broadcast rights

Quebecor CEO warns of grim future for TVA Sports amid rising cost of broadcast rights

The chief executive of Quebecor Inc. warned Thursday that the company’s French-language sports television programming could be in jeopardy amid rising costs for broadcasting rights.
Manitoba government tightens fire, travel rules as dry conditions continue

Manitoba government tightens fire, travel rules as dry conditions continue

WINNIPEG — The Manitoba government is hoping to curb the risk of more wildfires by tightening restrictions in some areas.
Trump agrees to cut tariffs on UK autos, steel and aluminum in a planned trade deal with Britain

Trump agrees to cut tariffs on UK autos, steel and aluminum in a planned trade deal with Britain

WASHINGTON (AP) — President Donald Trump has agreed to cut tariffs on U.K. autos, steel and aluminum in a planned trade deal with Britain, which would buy more American beef and streamline its customs process for goods from the United States.