Skip to content

National Business

Ontario spent highest-ever amount on government ads, auditor says

Ontario spent highest-ever amount on government ads, auditor says

TORONTO — Ontario Premier Doug Ford's government spent three times the amount of money on government advertising in the last fiscal year as it did the year before – the highest amount ever – and most campaigns were more partisan than informational, t
Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs

Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs

HARRISBURG, Pa. (AP) — President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp.
Liberal minister says Trump was joking when he suggested Canada become 51st state

Liberal minister says Trump was joking when he suggested Canada become 51st state

OTTAWA — President-elect Donald Trump was joking when he suggested Canada become the 51st U.S. state during a dinner with Prime Minister Justin Trudeau in Florida on Friday, said a Liberal minister who attended the meeting.
Joly touts 'private' diplomacy as Mexico criticizes Canada's culture, trade

Joly touts 'private' diplomacy as Mexico criticizes Canada's culture, trade

OTTAWA — Foreign Affairs Minister Mélanie Joly is not escalating a war of words with Mexico, after the Mexican president criticized Canada's culture and its framing of border issues. The rift between trading partners started with U.S.
Canada Post strike nears three-week mark amid pressure for government intervention

Canada Post strike nears three-week mark amid pressure for government intervention

The strike by more than 55,000 Canada Post workers entered its 19th day as the Black Friday and Cyber Monday shopping weekend came to a close.
Base metal stocks help lift S&P/TSX composite higher in late-morning trading

Base metal stocks help lift S&P/TSX composite higher in late-morning trading

TORONTO — Strength in base metal stocks helped lift Canada's main stock index in late-morning trading, while U.S. stock markets were mixed. The S&P/TSX composite index was up 22.26 points at 25,612.59.
Scotiabank reports Q4 profit up despite continued loan pressure

Scotiabank reports Q4 profit up despite continued loan pressure

TORONTO — Scotiabank says it expects to see continued loan pressure and political uncertainty in the months ahead as it reported profits that were up from a year ago but below analyst expectations.
Trudeau calls meeting with opposition leaders about Canada-U.S. border plan

Trudeau calls meeting with opposition leaders about Canada-U.S. border plan

OTTAWA — Prime Minister Justin Trudeau will meet with opposition leaders in his office on Parliament Hill on Tuesday morning to brief them on the government's plan for the Canada-U.S. border. Trudeau's office said he initiated the meeting after U.S.
US job openings rose last month, though hiring slowed, in mixed picture for labor market

US job openings rose last month, though hiring slowed, in mixed picture for labor market

WASHINGTON (AP) — The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled. Openings rose 5% to 7.7 million from 7.
Auditor general slams Ontario Place redevelopment process as unfair, subjective

Auditor general slams Ontario Place redevelopment process as unfair, subjective

TORONTO — A European company developing a spa and waterpark at Ontario Place got special access to provincial executives during a submission process that was not fair or transparent, Ontario's auditor general said Tuesday in her annual report.