Skip to content

National Business

S&P/TSX composite has best half-year start in decades as it climbs 15.7 per cent

S&P/TSX composite has best half-year start in decades as it climbs 15.7 per cent

TORONTO — Canada's main stock index ended its best half-year start in decades as it posted a sixth straight month of gains to climb 15.7 per cent to date in 2021.
Read more >
Economy contracted 0.3 per cent in April, biggest hit since early days of pandemic

Economy contracted 0.3 per cent in April, biggest hit since early days of pandemic

OTTAWA — The Canadian economy appears to have suffered its worst two-month stretch since the great plunge it took just over a year ago, as Statistics Canada reported a decline in real gross domestic product for April and foresees a similar drop in Ma
Read more >
Lightspeed POS Inc. shareholders to vote on name change in August

Lightspeed POS Inc. shareholders to vote on name change in August

MONTREAL — Lightspeed POS Inc. shareholders will vote this summer on whether to change the company's name. The Montreal-based technology business says shareholders will decide whether the company is renamed Lightspeed Commerce Inc.
Read more >
Quebec says public sector workers will start returning to offices in September

Quebec says public sector workers will start returning to offices in September

MONTREAL — Public sector workers will begin gradually returning to their offices in September, the Quebec government said Wednesday, as health officials reported 126 new cases of COVID-19.
Read more >
Alimentation Couche-Tard sees gradual return to normalcy amid reopening

Alimentation Couche-Tard sees gradual return to normalcy amid reopening

Alimentation Couche-Tard Inc. remains on the path to doubling its pre-tax profits by 2023 as its business moves toward pre-pandemic levels, its CEO said Wednesday.
Read more >
Putin says US and UK were behind Black Sea 'provocation'

Putin says US and UK were behind Black Sea 'provocation'

MOSCOW (AP) — Russian President Vladimir Putin said Wednesday that an incident involving a British destroyer in the Black Sea couldn't have triggered a global conflict even if Russia had sunk the warship because the West knows it can't win such a war
Read more >
Federal judge blocks Indiana ‘abortion reversal’ law

Federal judge blocks Indiana ‘abortion reversal’ law

INDIANAPOLIS (AP) — A federal judge on Wednesday blocked an Indiana law that would require doctors to tell women undergoing drug-induced abortions about a disputed treatment for potentially stopping the abortion process.
Read more >
Bill Cosby’s sex assault conviction overturned by court

Bill Cosby’s sex assault conviction overturned by court

PHILADELPHIA (AP) — Pennsylvania’s highest court overturned Bill Cosby’s sex assault conviction Wednesday after finding an agreement with a previous prosecutor prevented him from being charged in the case.
Read more >
Rapid growth of Ontario cannabis stores will likely result in some closures: OCS

Rapid growth of Ontario cannabis stores will likely result in some closures: OCS

TORONTO — The head of the Ontario Cannabis Store is warning that the soaring number of pot shops in the province will likely result in so much competition that some will close.
Read more >
Cogeco's U.S. subsidiary buying broadband system serving two Ohio cities

Cogeco's U.S. subsidiary buying broadband system serving two Ohio cities

TORONTO — Cogeco Communications Inc.'s main U.S. subsidiary has signed a deal to buy a broadband system in Ohio from WideOpenWest Inc. for US$1.125 billion, the companies said Wednesday.
Read more >