The Canadian Press TORONTO—A new poll from CIBC suggests some millennials and “Generation Xers” are losing confidence in their ability to meet their financial goals over the next year. CIBC says 73 percent of the Canadians it polled say they are confident they will meet their financial goals over the […]
National Business
Andy Blatchford THE CANADIAN PRESS OTTAWA—The Bank of Canada is cutting its outlook for the year, saying the extensive damage from the Alberta wildfires helped fuel an economic contraction in the second quarter. The effects of the disaster, which temporarily shuttered key oilsands facilities, took hold as the national economy […]
The Associated Press LONDON—Theresa May entered No. 10 Downing St. yesterday as Britain’s new prime minister, following a bittersweet exit by David Cameron that was tinged with humour and regret. “I was the future once,” Cameron quipped as he left office. But that future now belongs to May—and it involves […]
The Canadian Press TORONTO — A new poll from CIBC suggests that some millennials and Generation Xers are losing confidence in their ability to meet their financial goals over the next year. CIBC says 73 per cent of the Canadians it polled say they are confident they will meet their […]
By Matthew Brown The Associated Press BILLINGS, Mont. — Accident-prone tank cars used to haul crude oil and ethanol by rail could remain in service for another 15 years under federal rules that allow companies to phase in upgrades to the aging fleet, according to the U.S. National Transportation Safety […]
By Jonathan Lemire The Associated Press NEW YORK — Donald Trump’s lightning-rod proposals to deport illegal immigrants and temporarily ban Muslims from entering the United States could cost New York state more than $800 million and New York City more 340,000 jobs, according to an analysis by the New York […]
By Bernard Condon The Associated Press NEW YORK — It’s a new record for stocks, but it sure doesn’t feel like it. The biggest gainers in the past year are fuddy-duddy utilities. Investors are cowering for cover in gold. And the best they’re hoping for in the current earnings season […]
The Associated Press LONDON — Turns out the largest diamond discovered in over a century may not be worth all that much. The tennis ball-sized Lesedi la Rona failed to find a buyer Tuesday, a disappointing result for a stone which had described as “the find of a lifetime” by […]
By Rob Gillies THE ASSOCIATED PRESS OTTAWA — The leaders of North America confront a rising tide of economic protectionism and nationalism as they hold a summit Wednesday in the Canadian capital. Canadian Prime Minister Justin Trudeau for the first time is hosting U.S. President Barack Obama and Mexican President […]
The Canadian Press MONTREAL — Air Canada has finalized a previously announced order for at least 45 Bombardier CSeries passenger jets, worth US$3.8 billion at list prices. Deliveries of the CS300 jets currently the largest model of Bombardier’s new CSeries planes will begin in late 2019 and extend to 2022. […]
By Danica Kirka The Associated Press LONDON — Britain’s Treasury chief sought Monday to ease concerns about the vote to leave the European Union, saying the economy is as strong as it could be to face the uncertainty even as a survey showed many companies are looking to move business […]
By Danica Kirka And Frank Jordans The Associated Press LONDON — Britons have voted to leave the European Union, their concerns about immigration and what some saw as the ever-increasing power of the 28-member bloc trumping the attraction of being part of a single market of more than 500 million […]
