National Business

Canada’s 100 highest-paid CEOs broke records with their compensation in 2022, according to the Canadian Centre for Policy Alternatives. “The data this year is breaking new all-time highs,” said senior economist David Macdonald.

Asian markets opened the year on a downward trend after Wall Street benchmarks ticked lower on the last trading day of 2023. U.S. futures were mixed and oil prices gained more than $1 a barrel. Japan's markets were closed for a holiday.

OTTAWA — A national recall has been issued for a brand of hypoallergenic infant formula over concerns it may be contaminated with a bacteria.

HALIFAX — Not so long ago, the largest community in Cape Breton was best known as home to one of the most toxic waste sites in North America: the infamous Sydney tar ponds.

TORONTO — The Forlers could see their family of five was growing fast and would soon need a bigger place to live. So they started to think farther afield. Brandon Forler said he found their dream home in Cochrane, Alta.

As of 2024, the CPP includes a new, second earnings ceiling. For those who make more than a given amount, additional payroll deductions now apply. 

MONTREAL — Wellington Street in Montreal's Verdun borough is booming, with cheerful shop facades lining a district bustling with pedestrians.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: The Toronto Stock Exchange (20,958.44, up by 29.06 points): TC Energy Corporation (TSX:TRP). Energy. Down five cents, or 0.10 per cent, to $51.76 on 9.

The last trading day of the year saw Canada’s main stock index nudge up, rounding out a climb of nearly eight per cent throughout 2023 as investors drew confidence from projections of interest rate cuts to come.

OTTAWA — The role of the public broadcaster should be redefined before the next federal election, Heritage Minister Pascale St-Onge says, as the Liberals hedge against a possible change in government.