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National Business
National Business
Bankman-Fried charged with paying $40M bribe to China
NEW YORK (AP) — FTX founder Sam Bankman-Fried was charged with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business in a newly rewritten indictment unsealed Tuesday.
Mar 28, 2023 10:37 AM
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Some young Canadians are downsizing their homes to cut back on their expenses
Last month, Chelsea Hunt and her husband concluded that the cost of living had skyrocketed to a point where they could no longer afford to stay in their apartment and needed to move. “We were living paycheque to paycheque,” the 26-year-old said.
Mar 28, 2023 10:00 AM
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Court gives Magnet Forensics approval for Thoma Bravo deal
Magnet Forensics Inc. says a court has granted it a final order allowing Thoma Bravo's $1.8-billion takeover of the cybersecurity company to move forward. Waterloo, Ont.
Mar 28, 2023 9:13 AM
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Canada heading into 'mild recession' as tight monetary policy squeezes growth: Report
OTTAWA — New research says Canada is heading into a mild recession as elevated borrowing costs, a downturn in the U.S. and persistent inflation dial up the country's economic uncertainty.
Mar 28, 2023 8:42 AM
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Shoppers Drug Mart moves away from medical cannabis, will send patients to Avicanna
TORONTO — Shoppers Drug Mart Inc. is moving away from its medical cannabis distribution business and preparing to transfer patients to a platform run by biopharmaceutical company Avicanna Inc. The pharmacy chain owned by Loblaw Companies Ltd.
Mar 28, 2023 8:00 AM
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Greek prime minister calls general election for May 21
ATHENS, Greece (AP) — Greece’s center-right Prime Minister Kyriakos Mitsotakis on Tuesday called a general election on May 21, in the aftermath of a train disaster that has reduced his party’s long-standing majority in opinion polls. The Feb.
Mar 28, 2023 4:34 AM
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Saskatchewan looks to boost critical minerals industry
REGINA — The Saskatchewan government is hoping to bolster critical mineral exploration after announcing a strategy Monday that aims to attract investment and double production by 2030.
Mar 27, 2023 6:25 PM
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Japan to resume imports of Canadian processed beef, 20 years after mad cow disease
OTTAWA — Japan is lifting the last of its restrictions against Canadian beef, 20 years after BSE, often called mad cow disease, devastated this country's cattle industry.
Mar 27, 2023 5:42 PM
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Canadian branch not included in sale of Silicon Valley Bank to First Citizens
TORONTO — A regulatory filing shows the Canadian branch of Silicon Valley Bank is not part in First Citizens' purchase of most of the failed U.S. bank. The U.S.
Mar 27, 2023 5:23 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,624.74, up 123.25): TC Energy Corp. (TSX:TRP). Energy. Up 44 cents, or 0.85 per cent, to $52.44 on 19.1 million shares.
Mar 27, 2023 5:07 PM
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