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National Business
National Business
Long-term rate hikes effects will be 'more powerful' than people think: Poloz
OTTAWA — The full effects of interest rate hikes have yet to be felt — and will be "even more powerful" than many anticipate, said former Bank of Canada governor Stephen Poloz Thursday in a speech about ways Canada can chart a path toward economic gr
Nov 24, 2022 12:43 PM
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Head of bankers group says more consumer protection needed in emerging payments space
TORONTO — More consumer protection is needed as new entrants in the fast-growing payments space get ahead of regulation, the head of the Canadian Bankers Association said.
Nov 24, 2022 11:31 AM
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Manulife cutting about 50 jobs as part of changes at its real estate operations
TORONTO — Manulife Financial Corp. is eliminating about 50 jobs as it makes changes to its real estate operations. The company says it is changing its real estate operating model in Canada and its regional coverage strategy in North America.
Nov 24, 2022 10:30 AM
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Statistics Canada says job vacancies rose 3.8 per cent in September
OTTAWA — Statistics Canada says the number of job vacancies was up 3.8 per cent in September at 994,800. The agency says the month-over-month increase was largely attributable to seasonal variations, as job vacancies typically peak in September.
Nov 24, 2022 8:46 AM
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EU nations fail to close rift on gas prices as cold sets in
BRUSSELS (AP) — On winter's doorstep, European Union nations again failed to bridge bitter disagreements over a natural gas price cap Thursday as they struggle to effectively shield 450 million citizens from massive increases in their utility bills .
Nov 24, 2022 8:37 AM
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How the elimination of interest on federal student loans could give graduates a boost
Lee Nisar has racked up about $50,000 in student loans. "I avoid looking at my student loan account for my own well-being most of the time," said Nisar, who is a master's student at Toronto Metropolitan University.
Nov 24, 2022 7:41 AM
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Carbon pricing good idea complicated by rising energy costs: Nova Scotia advocate
HALIFAX — An affordable energy advocate says the imposition of consumer carbon pricing in Nova Scotia is a good idea, but adds that rising energy costs continue to pose problems for people with lower incomes.
Nov 24, 2022 1:00 AM
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Retailers look for Black Friday comeback as inflation has shoppers hunting for deals
Annie Titheridge's plan is to arrive at the mall before it opens, buy gifts for everyone on her list and beat the afternoon rush-hour traffic home.
Nov 24, 2022 1:00 AM
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'Bodies drop' as Walmart manager kills 6 in Virginia attack
CHESAPEAKE, Va.
Nov 23, 2022 5:23 PM
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Inflation relief measures should be well targeted and temporary, says Macklem
OTTAWA — Governments looking to provide inflation relief to Canadians should choose measures that are well targeted and temporary, says Bank of Canada governor Tiff Macklem.
Nov 23, 2022 4:58 PM
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