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National Business
B.C. home sales slide almost 10 per cent in March despite mortgage rate drop
VANCOUVER — Home sales in British Columbia fell by almost 10 per cent in March compared with the same period last year, in a slowdown an analyst says could be buyers waiting for lower interest rates. The B.C.
Apr 15, 2024 1:19 PM
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Protest averted as Newfoundland and Labrador premier helps reach pricing deal on crab
ST. JOHN'S, N.L. — A potentially volatile dispute over Newfoundland and Labrador's crab fishery has been averted with the help of Premier Andrew Furey.
Apr 15, 2024 1:17 PM
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Conflict heating up between Parkland Crop. and top shareholder Simpson Oil
CALGARY — The internal strife at fuel retailer Parkland Corp.continues as the Calgary-based company rejected a call by its largest shareholder to consider a potential sale of the business.
Apr 15, 2024 12:36 PM
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Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report
DETROIT (AP) — After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs , multiple media outlets reported Monday. CEO Elon Musk detailed the plans in a memo sent to employees.
Apr 15, 2024 12:09 PM
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Statistics Canada reports manufacturing sales up 0.7% in February at $71.6B
OTTAWA — Manufacturing sales rose 0.7 per cent to $71.6 billion in February, helped by higher sales of petroleum and coal, Statistics Canada said Monday.
Apr 15, 2024 11:33 AM
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Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful
NEW YORK (AP) — Americans boosted spending at a hotter-than-expected pace in March, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges . Retail sales rose 0.
Apr 15, 2024 10:25 AM
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FBI opens criminal investigation into Baltimore bridge collapse, AP source says
The FBI is conducting a criminal investigation into the deadly collapse of Baltimore’s Francis Scott Key Bridge that is focused on the circumstances leading up to it and whether all federal laws were followed, according to a person familiar with the
Apr 15, 2024 8:24 AM
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Hundreds still in the dark in Ontario after high winds cause widespread outages
TORONTO — Hydro One says it's still working to restore power to hundreds of customers in Ontario after high winds hit the province on Friday and Saturday.
Apr 14, 2024 6:08 PM
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Israel is quiet on next steps against Iran -- and on which partners helped shoot down missiles
TEL AVIV, Israel (AP) — Israeli leaders on Sunday credited an international military coalition with helping thwart a direct Iranian attack involving hundreds of drones and missiles, calling the coordinated response a starting point for a “strategic a
Apr 14, 2024 4:36 PM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Gildan update Gildan Activewear Inc. chief executive Vince Tyra will present an investor update on Monday, marking his first 90 days in the job.
Apr 14, 2024 10:00 AM
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