Skip to content

National Business

Insurer Intact Financial estimates Q1 catastrophe losses at $183 million

Insurer Intact Financial estimates Q1 catastrophe losses at $183 million

TORONTO — Intact Financial Corp. estimates its catastrophe losses for the first quarter totalled about $183 million on a pre-tax basis, due in large part to three windstorms in February that affected its business in the United Kingdom and Ireland.
Teck Resources says Q1 steelmaking coal sales fell slightly below guidance

Teck Resources says Q1 steelmaking coal sales fell slightly below guidance

VANCOUVER — Teck Resources Ltd. says its steelmaking coal sales in the first quarter came in slightly below its guidance as a result of a labour dispute at Canadian Pacific Railway Ltd. that resulted in a temporary work stoppage at the railway.
‘Sonic 2’ steals weekend box office, but ‘Ambulance’ stalls

‘Sonic 2’ steals weekend box office, but ‘Ambulance’ stalls

“Sonic the Hedgehog 2” sped to the top of the charts in its opening weekend, earning an impressive $71 million according to studio estimates Sunday.
Manitoba Tory government signals looser purse strings, health money coming in budget

Manitoba Tory government signals looser purse strings, health money coming in budget

WINNIPEG — Manitoba's Progressive Conservative government, trailing in opinion polls with an election set for next year, is signalling that its upcoming budget will pump more money into health care and offer some sort of protection against rising inf
Five things to watch for in the Canadian business world in the coming week

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: Bank annual meetings The annual shareholder meetings for Canada's big banks continue this week with Bank of Montreal holding its gathering on Wednesday and Toronto-
'Our lobsters are gold plated now:' Atlantic Canada lobster exports, prices soar

'Our lobsters are gold plated now:' Atlantic Canada lobster exports, prices soar

HALIFAX — For many, summer in the Maritimes would not be complete without fresh lobster. But locals and tourists alike could have to shell out more for the crustaceans as prices reach historic highs. "Our lobsters are gold-plated now.
Toronto businesses hopeful as stadiums fill up for first time since pandemic

Toronto businesses hopeful as stadiums fill up for first time since pandemic

TORONTO — Downtown Toronto businesses were buzzing with anticipation Saturday as the city's three main sports franchises are welcoming thousands of fans to games for the first time since the start of the pandemic.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,874.35, up 39.46 points.) MediPharm Labs Corp. (TSX:LABS). Health care. Unchanged at 14.5 cents on 7.5 million shares.
S&P/TSX composite moves higher as strong jobs reports points to bigger rate hike

S&P/TSX composite moves higher as strong jobs reports points to bigger rate hike

TORONTO — Canada's main stock index rose in the final trading day of the week as a strong employment report and rising wages increased the likelihood that the Bank of Canada will announce a bigger interest rate hike next week.
Sixth wave prompts renewed labour crunch in restaurants, retail and food processing

Sixth wave prompts renewed labour crunch in restaurants, retail and food processing

After two years of on-and-off lockdowns, Rachel Reinders felt a renewed sense of hope last month as pandemic restrictions eased and spring dawned on the cusp of a new patio season.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks