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National Business
National Business
Re/Max report forecasts commercial real estate upswing later this year
A new report released by Re/Max Canada predicts some Canadian cities could see an upswing in demand for commercial real estate in the next six months.
Jun 1, 2023 3:43 PM
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Residents of collapsed Iowa building were allowed to stay as reports noted crumbling wall
DES MOINES, Iowa (AP) — A structural engineer’s report issued last week indicated a wall of a century-old apartment building in Iowa was at imminent risk of crumbling, yet neither the owner nor city officials warned residents of the danger days befor
Jun 1, 2023 3:20 PM
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Air Canada technical issue stabilizing, but airline says to expect more flight delays
Air Canada says its communicator system has begun to stabilize after experiencing technical problems on Thursday morning, but travellers are still expected to face delays and cancellations before it is back fully up and running.
Jun 1, 2023 3:08 PM
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Calgary home sales reach new May record, new listings down: real estate board
CALGARY — The Calgary Real Estate Board says the market hit a new May record for sales as the number of properties that changed hands reached 3,120 last month.
Jun 1, 2023 2:52 PM
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Cannabis price 'race to the bottom' hurts market's future: OCS CEO
TORONTO — The head of Ontario's cannabis distributor says the "race to the bottom" happening with pot prices risks hurting the market's future.
Jun 1, 2023 2:32 PM
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Precision says wildfires in Alberta and B.C. have had a modest impact on operations
CALGARY — Precision Drilling Corp. says the wildfires in Alberta and B.C.
Jun 1, 2023 2:29 PM
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'We don't see it': BRP CEO says sluggish economy no barrier, as Sea-Doos buoy profits
MONTREAL — BRP Inc. chief executive José Boisjoli says a sputtering economy has failed to put the brakes on the powersport company, with enough wealthy North Americans to buoy sales through the rest of the year.
Jun 1, 2023 2:26 PM
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Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains.
WASHINGTON (AP) — Despite weeks of negotiations, the White House and House Republicans were unable to reach a comprehensive agreement to overhaul environmental regulations and streamline federal permitting as part of their debt ceiling deal , instead
Jun 1, 2023 1:26 PM
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Globe and Mail CEO Phillip Crawley to retire, Andrew Saunders named as successor
Longtime Globe and Mail CEO Phillip Crawley is retiring later this year, set to be succeeded by Andrew Saunders. Saunders, who is the newspaper's chief revenue officer, first joined the Globe in 2002 as director of advertising.
Jun 1, 2023 12:50 PM
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S&P/TSX composite up more than 100 points, U.S. stock markets also higher
TORONTO — Canada's main stock index was up more than 100 points in late-morning trading as gains in base metal stocks helped lead the way and U.S. stock markets also climbed higher. The S&P/TSX composite index was up 132.66 points at 19,704.90.
Jun 1, 2023 11:35 AM
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