Skip to content

National Business

MNP consumer debt index improves, but consumer outlook worsens

MNP consumer debt index improves, but consumer outlook worsens

CALGARY — A report by insolvency firm MNP Ltd. says its consumer debt index improved slightly in its latest quarter as Canadians felt marginally better about their ability to pay their debts.
National Business Book Award finalists include top Bay Street names, ex-BoC governor

National Business Book Award finalists include top Bay Street names, ex-BoC governor

TORONTO — The former governor of the Bank of Canada and several top Bay Street names are among the three finalists for the National Business Book Award 2023.
These companies have laid off Canadian workers in 2023

These companies have laid off Canadian workers in 2023

A wave of layoffs last year, which left thousands of Canadian workers jobless, is continuing this year as recession predictions loom and the tech sector downturn deepens.
Shares of United Airlines plunge on sour outlook for 4Q profit because of rising fuel prices

Shares of United Airlines plunge on sour outlook for 4Q profit because of rising fuel prices

Shares of United Airlines tumbled more than 7% on Wednesday morning and took the rest of the industry down with them after the carrier gave a gloomy outlook for fourth-quarter profit, which will be reduced by rising jet fuel prices.
CMHC reports annual pace of housing starts up in September

CMHC reports annual pace of housing starts up in September

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in September rose eight per cent compared with August.
US announces sanctions against a group of 10 Hamas members and financial network over Israel attack

US announces sanctions against a group of 10 Hamas members and financial network over Israel attack

WASHINGTON (AP) — The U.S.
A&W Revenue Royalties Income Fund reports Q3 profit up from year ago

A&W Revenue Royalties Income Fund reports Q3 profit up from year ago

VANCOUVER — A&W Revenue Royalties Income Fund says it earned $10.6 million in net income in its third quarter up from $9.6 million a year earlier. The fast food income fund says the increase for the quarter ended Sept.
China's economic growth slows to 4.9% in third quarter, amid muted demand and deflationary pressures

China's economic growth slows to 4.9% in third quarter, amid muted demand and deflationary pressures

HONG KONG (AP) — China’s economy slowed in the third quarter, amid muted global demand, deflationary pressures and an ailing property sector. The world’s second-largest economy grew 4.9% year-over-year in the July-September quarter, beating the 4.
Free legal advice on sexual assault launched by B.C. non-profit

Free legal advice on sexual assault launched by B.C. non-profit

VANCOUVER — A free and confidential legal service is now being offered to people who have been sexually assaulted in British Columbia.
Real estate sector likely relieved after OSFI response on mortgage proposals: expert

Real estate sector likely relieved after OSFI response on mortgage proposals: expert

TORONTO — The real estate industry is likely breathing a sigh of relief after Canada's banking regulator signalled it might not move ahead with some proposed tightening of its mortgage lending rules, says one mortgage expert.