National Business

A new survey suggests the rising cost of living has forced more than half of Canadians to cut costs in myriad ways including by choosing cheaper, less healthy foods and skipping medications.

TORONTO — A new report recommends Canada's corporate boards should have at least 40 per cent women and 30 per cent members of underrepresented racial groups or identifying as Indigenous or with disabilities.

WASHINGTON (AP) — Wholesale prices in the United States rose 7.4% in November from a year earlier, a fifth straight slowdown and a hopeful sign that inflation pressures across the economy are continuing to cool.

MONTREAL — It has not been an easy year for Canadians financially. Decades-high inflation and soaring interest rates have led many to take a closer look at their spending habits and, consequently, make some tough choices.

TORONTO — Roots Corp. says it earned about $2.2 million in its latest quarter as sales dropped by 8.5 per cent since the same time last year. The Toronto clothing retailer says its net income for the third quarter fell from $10.8 million a year ago.

CALGARY — Crescent Point Energy Corp. says it has signed an agreement with Paramount Resources Ltd. to acquire additional Kaybob Duvernay assets for $375 million.

OTTAWA — The Canadian Food Inspection Agency has issued a recall for Igor brand Gorgonzola mild ripened blue-veined cheese due to possible Listeria contamination. The affected product distributed by Jan K.

CALGARY — TC Energy Corp. has estimated the volume of oil released in Wednesday's Keystone pipeline leak at 14,000 barrels, making this most recent spill larger than Keystone's 2017 and 2019 leaks combined.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,969.19, down 4.03 points.) Suncor Energy Inc. (TSX:SU). Energy. Down four cents, or 0.10 per cent, to $40.62 on 10.8 million shares.

Canada's main stock index edged downwards and U.S. markets ticked slightly higher on what was overall a quiet day of trading Thursday. The S&P/TSX composite index closed down 4.03 points at 19,969.19.