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S&P/TSX composite down despite boost from Shopify, U.S. stock markets mixed
TORONTO — Strength in technology stocks led by Shopify Inc. after its deal to help merchants integrate with Amazon.com Inc. wasn't enough to prevent a small loss on Canada's main stock index Thursday, while U.S. stock markets were mixed.
Aug 31, 2023 2:42 PM
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Oil and gas sector says new data shows it can both hike output and lower emissions
CALGARY — Canada's oil and gas sector is pointing to new government numbers that it says proves the industry can increase production and lower emissions at the same time.
Aug 31, 2023 2:40 PM
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Canadian pot stocks jump on reports that U.S. may ease cannabis restrictions
TORONTO — Embattled Canadian cannabis stocks jumped Thursday on the hope that the U.S. may ease restrictions on the substance. The Associated Press reported that the U.S.
Aug 31, 2023 2:28 PM
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Toronto-area Metro workers ratify second tentative agreement after month-long strike
TORONTO — Metro workers from 27 stores in the Greater Toronto Area have a new collective agreement after a month-long strike, the union said Thursday.
Aug 31, 2023 2:20 PM
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Stock market today: Wall Street ends lower, closes out first losing month since February
NEW YORK — Stocks gave up early gains and closed lower, a downbeat end to the market’s first losing month since February. The S&P 500 ended with a loss of 0.2%, breaking a four-day winning streak. The Dow fell 168 points, or 0.5%.
Aug 31, 2023 2:12 PM
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CIBC profits down on higher loan loss provisions after revised economic outlook
TORONTO — A more pessimistic outlook on interest rates and the economy led CIBC to boost how much it set aside for bad loans in its latest quarter, a move echoed by other banks as they prepare for slower growth ahead.
Aug 31, 2023 11:53 AM
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Scotiabank announces senior executive changes including new oversight for Tangerine
TORONTO — Scotiabank announced a raft of changes in its senior executive ranks, including a new head for the group overseeing its Tangerine online banking business and a new chief human resources officer.
Aug 31, 2023 11:37 AM
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Laurentian Bank reports Q3 profits down as strategic review continues
MONTREAL — Laurentian Bank of Canada reported a dip in third-quarter profits as it continues to work through a strategic review.
Aug 31, 2023 11:31 AM
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Shopify, Amazon strike deal to integrate 'Buy with Prime' in Shopify stores
TORONTO — Two of the e-commerce world’s biggest rivals have brokered a surprise deal helping their merchants better take advantage of one another’s offerings. Shopify Inc. and Amazon.com Inc.
Aug 31, 2023 9:27 AM
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Fed's preferred inflation gauge shows a modest rise in latest sign of slowing price increases
WASHINGTON (AP) — An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases and raising the likelihood that the Fed will leave interest rates unchanged when it next meets in late Sep
Aug 31, 2023 8:47 AM
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