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National Business
New stress test may moderate housing, push buyers to seek more affordable homes: BMO
TORONTO — BMO Financial Group says recent changes to mortgage stress test rules and the cooling of prices and sales in some regions may moderate the country's housing market.
May 26, 2021 10:58 AM
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3 arrested in Italy funicular crash; clamp deactivated brake
ROME (AP) — Police arrested three people Wednesday in the cable car disaster that killed 14 people in northern Italy, saying workers placed a clamp on the emergency brake to deactivate it as a patchwork repair - one that prevented the brake from enga
May 26, 2021 10:26 AM
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Court orders Royal Dutch Shell to cut carbon emissions
THE HAGUE, Netherlands (AP) — A Dutch court has ordered Royal Dutch Shell to cut its carbon emissions by net 45% by 2030 compared to 2019 levels in a landmark case brought by climate activist groups.
May 26, 2021 9:55 AM
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Statistics Canada report says pandemic job losses hit women harder than men
OTTAWA — A new report by Statistics Canada says job losses due to the COVID-19 pandemic have been consistently more severe for women than for men. The report says that from March 2020 to February 2021, women accounted for 53.
May 26, 2021 9:45 AM
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Transat AT CEO Jean-Marc Eustache to retire, Annick Guerard named next CEO
MONTREAL — Jean-Marc Eustache is retiring as chair and chief executive of Transat AT Inc., the travel company which he helped start and build. Transat says Eustache was one of the principal architects in the founding of Transat in 1987.
May 26, 2021 8:10 AM
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Grocery work shifting amid increasing automation, online sales, report finds
A sweeping new report on the state of Ontario's grocery industry paints a picture of a sector where jobs are rapidly changing as retailers dive deeper into e-commerce and automation gains speed.
May 26, 2021 4:00 AM
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Actor John Cena faces backlash in China over Taiwan comment
TAIPEI, Taiwan (AP) — Actor and professional wrestler John Cena has apologized to fans in China after he called Taiwan a country in a promotional interview for his upcoming film and became the latest celebrity to face the fury of Chinese nationalists
May 26, 2021 3:22 AM
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Defiant Ghosn pins hopes on French probes to clear his name
BEIRUT (AP) — Auto magnate-turned-fugitive Carlos Ghosn is campaigning to clear his name, and hopes a visit by French investigators to his home in exile in Lebanon will be his first real opportunity to defend himself since the bombshell arrest that t
May 26, 2021 1:25 AM
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New grand jury seated for next stage of Trump investigation
NEW YORK (AP) — New York prosecutors have convened a special grand jury to consider evidence in a criminal investigation into former President Donald Trump's business dealings, a person familiar with the matter told The Associated Press on Tuesday.
May 25, 2021 9:47 PM
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Facebook to pay 14 Canadian publishers for some news content posted to its platform
Facebook Inc. unveiled a plan Tuesday to pay some Canadian publishers for news stories on its platform, but experts say the move diverts attention from forthcoming regulation efforts.
May 25, 2021 7:45 PM
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