Skip to content

National Business

Canadian dollar falls to three-week low on sliding oil and gold prices

Canadian dollar falls to three-week low on sliding oil and gold prices

TORONTO — Canada's main stock index bounced higher Thursday but lower energy and gold prices drove the loonie to a three-week low. The Canadian dollar traded for an average of 74.
Town of Innisfil to accept Bitcoin for tax payments, in one-year pilot project

Town of Innisfil to accept Bitcoin for tax payments, in one-year pilot project

INNISFIL, Ont. — The Ontario town of Innisfil will soon begin accepting cryptocurrencies as payment for its property taxes, starting with Bitcoin. The town of 36,000 people is north of Toronto and south of Barrie, Ont.

Ontario to expand beer, wine to corner stores, finance minister says

TORONTO — Ontario's finance minister says the province will be moving ahead with an expansion of beer and wine sales into corner stores, big box stores and more grocery stores, promising the move will cut prices and prevent any potential privatizatio
CannTrust shares dive on Q4 revenue surge and net loss, missing estimates

CannTrust shares dive on Q4 revenue surge and net loss, missing estimates

Shares of CannTrust Holdings Inc. slipped more than 18 per cent after it reported a fourth-quarter revenue bump on the legalization of recreational cannabis in October but missed expectations and swung to a net loss.

Most actively traded companies on the TSX

Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,155.49, up 22.96 points ). Aurora Cannabis Inc. (TSX:ACB). Health care. Up two cents, or 0.17 per cent, to $11.85 on 14 million shares.
Bill Morneau acknowledges 'clouds' hanging over hopes for free trade deals

Bill Morneau acknowledges 'clouds' hanging over hopes for free trade deals

MONTREAL — Finance Minister Bill Morneau is acknowledging "clouds" hovering over various trade talks, as Canada struggles to get U.S. tariffs removed and the trade war between the United States and China drags on.
Police conduct searches in Toronto, Melbourne areas in hunt for R.A.T. software

Police conduct searches in Toronto, Melbourne areas in hunt for R.A.T. software

TORONTO — Authorities in Canada and Australia say police have conducted searches in two cities as part of an investigation of criminal networks that use a type of malicious software to gain unauthorized access to computer systems.
Potential Trans Mountain pipeline buyer says it agrees with federal principles

Potential Trans Mountain pipeline buyer says it agrees with federal principles

CALGARY — One of the leaders of a First Nations consortium planning to offer $6.8 billion for majority ownership of the Trans Mountain pipeline says federal government principles for Indigenous buyers are "exactly aligned" with its goals.
Incident draws attention to in-flight harassment and airline response

Incident draws attention to in-flight harassment and airline response

MONTREAL — In the wake of an onboard incident where flight attendants and bystanders acted swiftly to deal with alleged sexual harassment, Canada's two biggest airlines say their crews are trained to handle passengers who pose a threat — though one e
Travellers stranded after Icelandic airline collapses

Travellers stranded after Icelandic airline collapses

REYKJAVIK, Iceland — Icelandic budget airline WOW Air collapsed under its financial problems on Thursday, leading it to ground planes and leave passengers stranded across two continents.