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S&P/TSX composite gains more than 100 points, U.S. markets also rise

S&P/TSX composite gains more than 100 points, U.S. markets also rise

TORONTO — Canada's main stock index was up more than 100 points Thursday with broad-based gains led by the base metals sector, while U.S. markets also rose.
Stocks head toward winning March as Wall Street's fear falls

Stocks head toward winning March as Wall Street's fear falls

NEW YORK (AP) — Stocks closed higher again as more fear evaporates from Wall Street. The S&P 500 added 0.6% Thursday, its fifth gain in the last six days.
What you need to know about the first-time homebuyers savings account

What you need to know about the first-time homebuyers savings account

TORONTO — Jeremy Kinnear is 23 and already thinking about home ownership. Fresh out of university, the Edmontonian is in the midst of a four-year job program that will require him to move to Calgary halfway through.
As Canadians miss out on benefits, Ottawa promises automatic tax filing is on the way

As Canadians miss out on benefits, Ottawa promises automatic tax filing is on the way

OTTAWA — As some vulnerable Canadians who don't file their taxes miss out on benefits, the Canada Revenue Agency is expected to pilot a new automatic system next year.
Tourism shot up in 2022, but still far short of pre-pandemic levels: StatCan

Tourism shot up in 2022, but still far short of pre-pandemic levels: StatCan

OTTAWA — Spending on tourism continued to grow last year as travellers returned to planes and patios, but it remained well below pre-pandemic levels, according to Statistics Canada.
Draft of grocery code still lacks details on enforcement measures

Draft of grocery code still lacks details on enforcement measures

An industry group set up to hammer out a Canadian grocery code of conduct is getting closer to a final document, even as the way its terms will be enforced remains unclear.
Liberals must create national autism framework after Tory bill receives royal assent

Liberals must create national autism framework after Tory bill receives royal assent

OTTAWA — The federal health minister will be required to develop a framework on autism spectrum disorder, including identifying ways to give financial support to autistic people, within the next 18 months.
Biden calls to revive bank regulations that Trump weakened

Biden calls to revive bank regulations that Trump weakened

WASHINGTON (AP) — Weeks after the failure of two banks, President Joe Biden called Thursday for independent regulatory agencies to impose tighter rules on the financial system, telling them that they can act under current law without additional steps
ESG reporting expectations on suppliers growing: BDC

ESG reporting expectations on suppliers growing: BDC

MONTREAL — A new report finds that small and medium suppliers face growing expectations from their larger customers to report on environmental, social and governance (ESG) standards.
More Americans file for jobless claims; layoffs remain low

More Americans file for jobless claims; layoffs remain low

U.S. applications for jobless benefits rose last week but remain at historically low levels despite efforts by the Federal Reserve to cool the economy and the job market in its fight against inflation. Jobless claims in the U.S.
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