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S&P/TSX composite index rises, U.S. stock markets mixed as S&P 500 posts new record

S&P/TSX composite index rises, U.S. stock markets mixed as S&P 500 posts new record

TORONTO — Canada's main stock index posted a modest gain Friday, while U.S. markets were mixed but the S&P 500 surpassed 5,000 points for the first time. The S&P/TSX composite index closed up 89.96 points at 21,009.60.
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Driver misclassification a ‘disaster’ for trucking companies, TFI head says

Driver misclassification a ‘disaster’ for trucking companies, TFI head says

MONTREAL — The head of Canada's largest trucking firm says rampant undercutting of labour laws is harming companies like his as well as drivers, a problem felt all the more acutely in lean economic times.
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Telus says no immediate plan to cut spending, raise rates as it monitors CRTC rulings

Telus says no immediate plan to cut spending, raise rates as it monitors CRTC rulings

Telus Corp.
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BoC expected to take its time with interest rate cuts after January's job gain

BoC expected to take its time with interest rate cuts after January's job gain

OTTAWA — The Bank of Canada will be in no rush to cut interest rates after Statistics Canada reported a larger-than-expected employment gain last month, economists say.
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Globalive's Lacavera says deal in place to acquire Wealth One Bank of Canada

Globalive's Lacavera says deal in place to acquire Wealth One Bank of Canada

TORONTO — Globalive Capital Inc. founder Anthony Lacavera says the investment firm has entered into an agreement to acquire Wealth One Bank of Canada. He says by email that the proposed transaction is pending all regulatory and government approvals.
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Algoma Steel says five workers sent to hospital after casthouse incident

Algoma Steel says five workers sent to hospital after casthouse incident

SAULT STE. MARIE, Ont. — Algoma Steel Group Inc. says five workers were taken to hospital after an incident on Wednesday night at the north casthouse of its blast furnace complex.
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Indigo faced 'challenging' 2023 and will take some time to recover: CEO

Indigo faced 'challenging' 2023 and will take some time to recover: CEO

TORONTO — Indigo Books & Music Inc.'s chief executive says the retailer's last year has been "challenging" and it could be a while until its financial results recover.
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Cannabis company Canopy Growth reports $216.8M Q3 net loss

Cannabis company Canopy Growth reports $216.8M Q3 net loss

SMITHS FALLS, Ont. — Canopy Growth Corp. reported a net loss of $216.8 million in its latest quarter compared with a loss of $264.4 million a year earlier. The cannabis company says the loss amounted to $2.
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Prince Harry settles a tabloid phone hacking claim and says his mission to tame the media continues

Prince Harry settles a tabloid phone hacking claim and says his mission to tame the media continues

The prince said he had been vindicated, and vowed: “Our mission continues.”
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Here's a quick glance at unemployment rates for January, by Canadian city

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

OTTAWA — The national unemployment rate was 5.7 per cent in January. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
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