Skip to content

National Business

Average asking rents fall annually for 10th straight month to $2,121: report

Average asking rents fall annually for 10th straight month to $2,121: report

TORONTO — The national average asking rent in July fell 3.6 per cent from a year earlier to $2,121, marking the 10th straight month of year-over-year decreases and the largest drop of 2025 so far. The latest monthly report from Rentals.
Read more >
Here's a quick glance at unemployment rates for July, by Canadian city

Here's a quick glance at unemployment rates for July, by Canadian city

OTTAWA — The national unemployment rate was 6.9 per cent in July. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Read more >
Here's a quick glance at unemployment rates for July, by province

Here's a quick glance at unemployment rates for July, by province

OTTAWA — Canada's national unemployment rate was 6.9 per cent in July. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.5 per cent (9.9) _ Prince Edward Island 8.
Read more >
National employment numbers for July from Statistics Canada, at a glance

National employment numbers for July from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's July employment figures (numbers from the previous month in brackets): Unemployment rate: 6.9 per cent (6.9) Employment rate: 60.7 per cent (60.9) Participation rate: 65.2 per cent (65.
Read more >
Insurance giant Sun Life Financial's second-quarter profit up 11% to $716 million

Insurance giant Sun Life Financial's second-quarter profit up 11% to $716 million

TORONTO — Sun Life Financial Inc. says its second-quarter profit was up 11 per cent from last year. The Toronto-based insurer says it earned $716 million in its second quarter, up from $646 million a year prior.
Read more >
Pembina Pipeline's earnings down 13% in Q2 as its revenue also falls

Pembina Pipeline's earnings down 13% in Q2 as its revenue also falls

CALGARY — Pembina Pipeline Corp. says its second-quarter earnings dropped by 13 per cent from last year as its revenue also ticked down.
Read more >
Wildfire smoke prompts air quality warnings in Manitoba, Saskatchewan

Wildfire smoke prompts air quality warnings in Manitoba, Saskatchewan

Much of Manitoba and Saskatchewan remain under air quality warnings. Environment Canada says wildfire smoke continues to contribute to the very poor air quality in the region and could lead to reduced visibility in the coming days.
Read more >
StatCan to publish July jobs figures, giving first look at the economy in Q3

StatCan to publish July jobs figures, giving first look at the economy in Q3

OTTAWA — Statistics Canada is set to publish new jobs data for July this morning. A Reuters poll of economists expect the economy added 13,500 jobs last month but that the unemployment rate ticked back up to seven per cent.
Read more >
Air Canada, flight attendants union set to resume negotiations as strike threat looms

Air Canada, flight attendants union set to resume negotiations as strike threat looms

MONTREAL — Air Canada and the union representing 10,000 of its flight attendants are set to resume talks today in attempt to avoid a strike that could potentially begin in one week.
Read more >
Guatemalan man's estate entitled to redress after court says death was linked to work

Guatemalan man's estate entitled to redress after court says death was linked to work

MONTREAL — Quebec's Court of Appeal has ruled that the family of a Guatemalan farm worker crushed to death in 2021 trying to repair a flat tire on his employer’s car is entitled to compensation.
Read more >