National Business

TORONTO — Canada's main stock index was down more than 200 points in late-morning trading Monday, led by weakness in technology and base metals, while U.S. markets also fell, led by a 1.4 per cent loss on the Nasdaq.

NEW YORK (AP) — U.S. stocks are opening lower as a strong year for the market looks set to end on a sour note. The S&P 500 was down 1.3% early Monday.

In its annual Financial Priorities poll, CIBC found Canadians continue to see rising costs for household goods and high interest rates as their biggest financial concerns.

COBBLE HILL, B.C. — Gil Yaron barely contains his excitement when asked to describe his non-profit venture to convince construction companies, developers and renovation contractors to recycle tonnes of building material waste on Vancouver Island.

Heading into 2025, economists and real estate agents believe activity is poised to remain strong amid much lower borrowing costs and more favourable rules for buyers, despite an overall challenging affordability picture.

MONTREAL — The Canadian Coast Guard announced this morning that a change of strategy is underway to free the ship that ran aground on Christmas Eve on the St. Lawrence River in Quebec.

HALIFAX — The Transportation Safety Board of Canada is investigating after sparks and flames shot from under the wing of a plane that landed hard in Halifax.

TORONTO — The big questions in Canadian finance heading into 2024 were whether the economy could avoid a recession and what would happen with interest rates.

HALIFAX — An aircraft incident at the Halifax Stanfield International Airport caused temporary delays to all flight operations Saturday night. Airport spokesperson Tiffany Chase says at approximately 9:30 p.m.

MONTREAL — More than a dozen groups have refused to vacate a community centre in Montreal's Ahuntsic neighbourhood despite an eviction order from their landlord, Quebec's largest school service centre.