Skip to content

National Business

National employment numbers for August from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's August employment (numbers from the previous month in brackets): Unemployment rate: 7.1 per cent (7.5) Employment rate: 60.5 per cent (60.3) Participation rate: 65.1 per cent (65.

Here's a quick glance at unemployment rates for August, by Canadian city

OTTAWA — The national unemployment rate was 7.1 per cent in August. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

Here's a quick glance at unemployment rates for August, by province

OTTAWA — Canada's national unemployment rate was 7.1 per cent in August. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 12.1 per cent (12.7) _ Prince Edward Island 10.
US producer prices jump an unprecedented 8.3% in August

US producer prices jump an unprecedented 8.3% in August

WASHINGTON (AP) — Inflation at the wholesale level climbed 8.3% last month from August 2020, the biggest annual gain since the Labor Department started calculating the 12-month number in 2010.
Retailer Roots reports $1.2M second-quarter loss, sales up from year ago

Retailer Roots reports $1.2M second-quarter loss, sales up from year ago

TORONTO — Roots Corp. reported a second-quarter loss of $1.2 million compared with a loss of $1.8 million in the same quarter last year as its sales edged higher.
Alberta to move hospital patients to homes, care centres as COVID-19 crisis worsens

Alberta to move hospital patients to homes, care centres as COVID-19 crisis worsens

EDMONTON — Alberta will move more patients to other care settings to free up space in hospitals so overrun with COVID-19 cases that some children's surgeries, cancer surgeries and transplant operations are being cancelled. Dr.
Transat AT seeing steady demand for winter travel in spite of fourth wave of COVID-19

Transat AT seeing steady demand for winter travel in spite of fourth wave of COVID-19

CALGARY — Transat AT Inc. has seen steady customer demand since resuming flights earlier this summer, but the travel company said Thursday it still doesn't expect to return to its pre-pandemic level before 2023.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,705.27, down 36.52 points.) Nevada Copper Corp. (TSX:NCU). Materials. Down one cent, or 11.11 per cent, to eight cents on 15.
North American stock markets fall on concerns about virus and Fed moves

North American stock markets fall on concerns about virus and Fed moves

TORONTO — North American stock markets were weaker for at least a third-straight day over concerns about the Delta variant and the potential scaling back of monetary stimulus in Canada and the U.S.
Bank of Canada plans to raise interest rate before moving to reduce bond holdings

Bank of Canada plans to raise interest rate before moving to reduce bond holdings

Bank of Canada governor Tiff Macklem says the central bank plans to increase interest rates before it reduces the size of its government bond holdings, although its timing on the rate hike will depend on the economic recovery.