Skip to content

National Business

Mortgage pre-approvals, holds surge as economists foresee rate hikes

Mortgage pre-approvals, holds surge as economists foresee rate hikes

TORONTO — Canadians are scrambling to get mortgage pre-approvals and rate holds before the era of low interest rates comes to an end, as some economists predict.
Freshii plans to double restaurants in Canada as revenue climbs and sales recover

Freshii plans to double restaurants in Canada as revenue climbs and sales recover

Freshii Inc. is planning to double its store count in Canada as the company plots an ambitious path out of the pandemic.
MEG Energy CEO doesn't expect Line 5 dispute to hurt ability to move heavy oil

MEG Energy CEO doesn't expect Line 5 dispute to hurt ability to move heavy oil

CALGARY — The chief executive of MEG Energy said Tuesday he doesn't expect the ongoing dispute between Canada and the U.S. over the Line 5 cross-border pipeline to hurt his company's ability to move heavy oil to the U.S. Gulf Coast.
Oklahoma court overturns $465M opioid ruling against J&J

Oklahoma court overturns $465M opioid ruling against J&J

OKLAHOMA CITY (AP) — The Oklahoma Supreme Court on Tuesday overturned a $465 million opioid ruling against drugmaker Johnson & Johnson, finding that a lower court wrongly interpreted the state's public nuisance law in the first case of its kind i
The AP Interview: Facebook whistleblower fears the metaverse

The AP Interview: Facebook whistleblower fears the metaverse

BRUSSELS (AP) — Facebook whistleblower Frances Haugen warned Tuesday that the “metaverse,” the all-encompassing virtual reality world at the heart of the social media giant's growth strategy , will be addictive and rob people of yet more personal inf
Hydro One Q3 profit rises 6.8 per cent as higher rates offset lower energy demand

Hydro One Q3 profit rises 6.8 per cent as higher rates offset lower energy demand

TORONTO — Hydro One Ltd. says its net profit increased nearly seven per cent in its latest quarter despite a small bump in its revenues as rate increases offset weaker demand.
Banking regulator launches consultations on tech and cyber risk guidelines

Banking regulator launches consultations on tech and cyber risk guidelines

OTTAWA — Canada's banking regulator says it is launching consultations on proposed guidelines for the management of technology and cyber risks in the industry.
Shell to partner with renewables firm on solar farm near Scotford refinery

Shell to partner with renewables firm on solar farm near Scotford refinery

CALGARY — Shell Canada and its North American solar platform Silicon Ranch have announced plans to build a 58-megawatt solar farm adjacent to Shell’s Scotford refinery and chemicals park near Edmonton.
Canadian journalists grappling with epidemic of online bullying, harassment: Survey

Canadian journalists grappling with epidemic of online bullying, harassment: Survey

Canadian journalists are increasingly under attack online, with media workers facing "prevalent and pervasive" harassment ranging from sexualized messages and attacks against their identity to death threats, new research released Tuesday has found.
Hexo to close three facilities it recently acquired and layoff about 155 workers

Hexo to close three facilities it recently acquired and layoff about 155 workers

OTTAWA — Hexo Corp. says it will close three recently acquired facilities and layoff about 155 workers as it works to streamline production. The Ottawa-based cannabis company says it will shutter properties in Kirkland Lake and Brantford, Ont.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks