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National Business
National Business
Telesat Lightspeed: Canada, Quebec give billions of dollars for satellite production
MONTREAL — The Canadian government on Friday announced a loan of $2.
Sep 13, 2024 11:58 AM
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Boar's Head closing Virginia plant linked to deadly listeria outbreak
Boar’s Head said Friday it’s closing the Virginia plant tied to a deadly listeria outbreak .
Sep 13, 2024 11:32 AM
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Arbitrator awards Ontario doctors 10% increase in 1st year of new deal
TORONTO — An arbitrator has awarded Ontario's doctors a nearly 10-per-cent compensation increase for the first year of their new Physician Services Agreement.
Sep 13, 2024 11:25 AM
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Irish company planning to produce jet fuel in Goldboro, N.S., at former LNG site
HALIFAX — An energy firm based in Ireland is planning build a plant in eastern Nova Scotia to produce sustainable aviation fuel using about 700,000 tonnes of wood biomass annually.
Sep 13, 2024 10:38 AM
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Roots sees room for expansion in activewear, reports $5.2M Q2 loss and sales drop
TORONTO — Roots Corp. may have built its brand on all things comfy and cosy, but its CEO says activewear is now "really becoming a core part" of the brand.
Sep 13, 2024 9:12 AM
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Russian central bank hikes rates to fight inflation fuelled by military spending
MOSCOW (AP) — Russia's central bank hiked interest rates to their highest since the Kremlin sent troops into Ukraine more than 2 1/2 years ago, a step aimed at combatting the inflation fuelled by massive government outlays for the military — and by r
Sep 13, 2024 9:06 AM
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Boeing factory workers go on strike after rejecting contract offer
SEATTLE (AP) — Aircraft assembly workers went on strike Friday at Boeing factories in Washington, Oregon and California after union members overwhelmingly rejected a tentative contract that would have increased wages by 25% over four years.
Sep 13, 2024 8:36 AM
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Statistics Canada reports wholesale sales higher in July
OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.
Sep 13, 2024 6:24 AM
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BMO wins reversal of jury verdict in U.S. lawsuit against bank
TORONTO — BMO Financial Group says it has won the reversal of a 2022 jury verdict against the bank in a lawsuit related to a Ponzi scheme in the United States. The Canadian bank says the U.S.
Sep 13, 2024 5:06 AM
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Russian central bank hikes rates to fight inflation fueled by military spending in growing economy
MOSCOW (AP) — Russia's central bank raised its key interest rate by a full percentage point to 19% to combat high inflation as government spending on the military strains the economy's capacity to produce goods and services and drives up workers' wag
Sep 13, 2024 4:11 AM
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