Canada Business News

Oil rose a second consecutive week as investors monitored progress made Friday on debt-ceiling talks to avoid a U.S. default.

Un rapport de la Fondation David Suzuki souhaite déboulonner le mirage vert qui entoure le gaz naturel liquéfié (GNL).

Treasury Secretary Janet Yellen said Friday the projected debt ceiling deadline is extended to June 5, four days later than previously estimated.

"If Congress fails to increase the debt limit, it would cause severe hardship to American families," Treasury Secretary Janet Yellen is warning.

L'organisme canadien de surveillance de la concurrence affirme que le gouvernement fédéral devrait envisager d'assouplir les restrictions sur les emballages de cannabis et les limites sur la quantité de composants psychoactifs du cannabis pouvant se retrouver dans les produits comestibles.

A bipartisan group of U.S. lawmakers is urging the State Department to ask that Americans be exempted from Canada's tax on foreign property owners.

Nvidia Corp closed in on a trillion-dollar market value on Thursday as shares surged 25 per cent following a bumper earnings report.

The federal government ended the 2022-23 fiscal year with a $41.3 billion deficit, slightly lower than it had forecast in its budget released in March.

Coupled with possible progress on a debt ceiling deal to avoid a catastrophic U.S. default, the data throws doubt on whether the Fed will indeed "pause" its rate-hike campaign.

En marge de la présentation des résultats d’Investissement Québec International qui a connu une année exceptionnelle, le ministre de l'Économie, de l'Innovation et de l'Énergie, Pierre Fitzgibbon, a prévenu que Québec ne pourra choisir que les meilleurs clients dans un contexte où son offre énergétique est limitée.

The S&P/TSX composite index was up 117.83 points at 19,891.91.

Commodity markets are bracing for a long-awaited deal that would create a US$25 billion behemoth capable of competing with the world’s biggest agricultural players.

This week’s news that Canadian households have fallen deeper in debt than any other G7 country is setting off alarm bells.

Environ 400 syndiqués de Bacon América, à Drummondville, sont en grève illimitée depuis jeudi soir. Cette entreprise d’Olymel se spécialise dans la production de bacon.

Basma Hameed is living her childhood dream to create her own cosmetics. She has developed a 40-shade foundation called Basma — now selling online and soon to be available in stores at beauty giant Sephora.

As the spring season brings higher flood risk to Canadians, as seen in British Columbia recently, experts say many homeowners remain without adequate insurance to cover extreme weather's damage to their homes.

Oil edged higher and stayed on track for a modest weekly gain as investors monitored progress in talks to avoid a U.S. default while the dollar eased.

House Republicans pushed debt ceiling talks to the brink on Thursday, displaying risky political bravado in preparing to leave town for the holiday weekend just days before the U.S. could face an unprecedented default hurling the global economy into chaos.

Lawmakers regularly need to raise the self-imposed debt limit to cover the cost of spending and tax cuts they have already approved.

As cottage season dawns, the prospect of joint ownership with family or friends grows anew for many Canadians, budding perennially like a lakeside plant.

La dette hypothécaire résidentielle totale au Canada se chiffrait à 2080 milliards de dollars en janvier, montrant une hausse de 6 % par rapport au même mois l'an dernier, a indiqué jeudi la Société canadienne d'hypothèques et de logement (SCHL).

Brookfield Corp. has handed over control of a second building this year in Los Angeles as the city’s downtown faces rising vacancies and falling office values.

Ottawa va investir 2,5 milliards de dollars pour la construction d'une soixantaine de petits navires de la Garde côtière canadienne. L’argent financera aussi l'entretien des navires existants.

A technical issue forced Air Canada to ground some flights on Thursday.

Canada Mortgage and Housing says the country's total residential mortgage debt was $2.08 trillion as of January this year, up six per cent from January 2022.

TD Bank Group reported a second-quarter profit of $3.35 billion, down from $3.81 billion in the same quarter last year as it set aside more money for bad loans.

Le « couronnement » du roi soleil : les investissements dans les énergies bas carbone s'accélèrent, avec le solaire prêt à dépasser en 2023 les montants consacrés à l'extraction pétrolière, indique jeudi l'Agence internationale de l'énergie (AIE), qui entrevoit cependant aussi un « rebond » des financements des combustibles fossiles.

​It's the busiest day on the big banks earnings calendar, with the likes of RBC, TD Bank and CIBC all reporting earnings before the opening bells.

Oil fell as tensions over the U.S. debt-ceiling impasse rose and Russia played down the chances that OPEC+ will cut production further.

CIBC raised its quarterly dividend as it reported a second-quarter profit of $1.69 billion.

Shares were mostly lower in Asia on Thursday as worries about the U.S. economy and a possible default on U.S. government debt pulled Wall Street lower.

En vertu de ses expériences au CN, à BCE, à la Caisse de dépôt et au ministère des Finances à Ottawa, Michael Sabia présente une longue feuille de route qui l’amènera dans les prochains jours à la tête d’Hydro-Québec. Le gouvernement Legault doit confirmer cette nomination surprise d’ici une semaine. Est-il vraiment l’homme de la situation?

Federal Reserve officials were divided earlier this month on whether to pause their interest rate hikes at their upcoming meeting in June, according to the minutes of their May 2-3 meeting released Wednesday.

Oil jumped to an intraday high after government data showed U.S. stockpiles fell by more than 12 million barrels, the biggest draw since November.

Si l’arrivée de Michael Sabia à la tête d'Hydro-Québec est bien vue par le milieu des affaires, la réaction est beaucoup plus froide chez les spécialistes du secteur de l’énergie qui s'interrogent sur le choix du gouvernement. À l’interne, au sein de la société d'État, plusieurs croient d’ailleurs qu’il n’est pas l’homme de la situation.

Canada's leading banks are taking precaution in the face of a possible recession by setting aside more money for credit losses.

The S&P/TSX composite index was down 159.80 points at 19,986.21.

The Bank of Nova Scotia has reported adjusted net income of $2.17 billion for the second quarter, down 21 per cent from the same period a year ago.

Oil rose for a third day after Saudi Arabia's latest warning to short-sellers suggested OPEC+ could reduce output further to buoy prices.

Bank of Montreal and Scotiabank kicked off Canada bank earnings with lower profit than a year ago. Both banks raised their dividends Wednesday.

BMO Financial Group raised its quarterly dividend as its second-quarter profit fell compared with a year ago and its provisions for credit losses climbed higher.

A buying frenzy is reemerging in Canada after one of the steepest housing price declines in the nation’s history.

Global stock markets and Wall Street futures fell Wednesday as the U.S. government crept closer to a potentially disruptive default on its debt.

China-founded fashion manufacturer Shein is a staple of e-commerce, especially for generation Z shoppers. Here's what you should know about the company's explosive growth.

Depuis son intégration à la stratégie nationale de construction navale et à l’octroi de 519 millions de dollars en aide du gouvernement provincial, tous les rêves sont permis sur le chantier. La construction de brise-glaces, de traversiers, de navires de guerre, de sous-marins et même de bateaux de croisières est envisagée.

Behind closed doors, McCarthy urged his slim House Republican majority to “just stick together”.

Le gouvernement Legault a finalement arrêté son choix : c’est l’ancien PDG de la Caisse de dépôt et placement du Québec (CDPQ), Michael Sabia, qui dirigera la destinée d’Hydro-Québec.

Whether you're a young adult starting out in a first job, a prospective homeowner shopping for a first house, or a recent retiree learning to get by on a fixed income, brushing up on your financial knowledge can help to build confidence and freedom, said ABC Life Literacy Canada executive director Alison Howard.

Près de quatre ans après l'ouverture de son premier studio en sol montréalais, le géant chinois du jeu vidéo NetEase étend ses activités au Canada avec l'ajout de deux succursales, une à Montréal et l'autre à Toronto, pour son nouveau studio du nom de Bad Brain.

The number of fires burning in Canada's top energy-producing province of Alberta declined in recent days, allowing some energy companies to restore oil and gas production that had been shut earlier in the month.