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S&P/TSX composite index down Friday, Wall St. extends post-election gains
TORONTO — Canada's main stock index moved lower Friday, weighed down by base metals and energy stocks as the price of oil fell, while U.S. markets cruised to close Wall St.'s best week this year on a wave of post-election bets.
Nov 8, 2024 1:34 PM
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Stock market today: Wall Street cruises to more records as it closes its best week in a year
NEW YORK (AP) — U.S. stocks cruised to more records as they closed their best week in a year on Friday. The S&P 500 rose 0.4% to cap its biggest weekly gain since early November 2023 and briefly crossed above the 6,000 level for the first time.
Nov 8, 2024 1:28 PM
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Port of Montreal employer submits 'final' offer to dockworkers, threatens lockout
MONTREAL — The employers association at the Port of Montreal has issued the dockworkers' union a "final, comprehensive offer," threatening to lock out workers at 9 p.m. Sunday if a deal isn't reached.
Nov 8, 2024 1:22 PM
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Canada Post to launch chequing and savings account with Koho
Two years after the failed launch of a lending program, Canada Post is making another foray into banking services. The postal service confirmed Friday that it will be offering a chequing and savings account in partnership with Koho Financial Inc.
Nov 8, 2024 1:21 PM
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'A dying arts scene': TikTok creators say they will lose support, money with closure
TORONTO — Even with 1.8 million followers on TikTok, Wallace Wong says he feels like he's been dealt a huge blow after the federal government directed the app to shut down its Canadian operations this week.
Nov 8, 2024 12:43 PM
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N.S. Progressive Conservative election platform includes cap on electricity rates
HALIFAX — Nova Scotia's incumbent Progressive Conservatives released their election platform Friday, announcing that if elected to govern Nov. 26, they will impose a cap on electricity rate increases.
Nov 8, 2024 12:29 PM
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Federal government faces potential loss if Trans Mountain pipeline sold: PBO
Taxpayers are facing potential billions of dollars in losses on the sale of the Trans Mountain pipeline as the Parliamentary Budget Officer estimates its current value is less than the sum of its assets. The pipeline could be worth between $29.
Nov 8, 2024 11:31 AM
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'More of the same': Jobless rate holds steady at 6.5% in October amid weak hiring
OTTAWA — The Canadian job market posted another weak hiring month in October as employers added a modest 15,000 jobs, but economists say the results aren't bad enough to spark concerns at the Bank of Canada.
Nov 8, 2024 10:30 AM
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Donald Trump election sparks U.S. interest in move to Canada, say immigration lawyers
Vancouver immigration lawyer Ryan Rosenberg says he’s been getting so many inquiries from disaffected U.S. voters that he set up a website to address their concerns. It’s called “Trumpugees.
Nov 8, 2024 10:17 AM
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What Trump's election could mean for interest rates in Canada
Experts say Donald Trump’s election victory could shift interest rate policy in the U.S. as his promised policies risk higher inflation, which could ultimately have implications for Canadian rates and the loonie.
Nov 8, 2024 9:42 AM
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