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National Business
National Business
Scotiabank CEO Brian Porter sees pay for 2019 fall compared with 2018
TORONTO — The chief executive of Scotiabank saw his total compensation for last year fall compared with 2018. In its management proxy circular, the bank says Brian Porter earned $12.6 million in total compensation last year, down from nearly $13.
Mar 4, 2020 12:20 PM
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Clashes erupt on Greece-Turkey border as migrants seek entry
KASTANIES, Greece — Greek authorities fired tear gas and stun grenades to drive away a crowd of people attempting to cross the border from Turkey, as pressure from illegal immigration built after Turkey declared its previously guarded gateways to Eur
Mar 4, 2020 12:06 PM
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US services companies grow in February
WASHINGTON — Services companies grew at a faster pace in February than the previous month, an indication that the economy was still expanding immediately after the first cases of the coronavirus were reported in the U.S.
Mar 4, 2020 11:09 AM
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U.S. businesses add 183K jobs in sign of pre-virus health
WASHINGTON — U.S. businesses added 183,000 jobs last month, a solid gain that shows the economy was largely healthy when the coronavirus outbreak spread further around the globe.
Mar 4, 2020 9:49 AM
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TransAlta reports $66M fourth-quarter profit compared with $122M loss a year ago
CALGARY — TransAlta Corp. reported a fourth-quarter profit of $66 million compared with a loss of $122 million in the fourth quarter of 2018. The power producer says the profit amounted to 24 cents per diluted share for the three months ended Dec.
Mar 4, 2020 9:30 AM
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TRREB says Toronto home sales in February up 45.6 per cent from year ago
TORONTO — The Toronto Regional Real Estate Board says home sales in February were up 45.6 per cent compared with the same month last year when they hit a 10-year low.
Mar 4, 2020 7:38 AM
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World stocks mixed after Wall Street sinks despite rate cut
BEIJING — Global stock markets were mixed Wednesday after Wall Street sank despite an emergency U.S. interest cut aimed at defusing fears the virus outbreak might stunt global economic activity. London opened lower while Germany advanced.
Mar 4, 2020 4:27 AM
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Canadian companies require travelling employees to self-quarantine amid COVID-19
TORONTO — Some Canadians planning overseas trips are being told by their employers to self-quarantine for weeks upon return in an effort to minimize the spread of a novel form of coronavirus. Manulife Financial Corp.
Mar 3, 2020 7:54 PM
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Aecon raising dividend after record 2019 revenues despite weaker fourth quarter
TORONTO — Aecon Group Inc. is raising its quarterly dividend 10 per cent after reporting record revenues last year but weaker fourth-quarter results. The Toronto-based construction firm will pay 16 cents per share on April 2, up from 14.
Mar 3, 2020 5:52 PM
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North American stock markets drop despite U.S. Fed's interest rate cut
TORONTO — North American stock markets dropped after an initial flurry despite the U.S. Federal Reserve making a surprise cut to its benchmark interest rate to offset the impact of the novel coronavirus.
Mar 3, 2020 5:30 PM
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