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OSC tribunal approves $8M settlement over RBC accounting practices

OSC tribunal approves $8M settlement over RBC accounting practices

TORONTO — The Ontario Securities Commission has approved an $8-million settlement with Royal Bank of Canada over issues with its tracking of costs related to internal software development.
Trans Mountain Corp. issued stop-work order for environmental non-compliance

Trans Mountain Corp. issued stop-work order for environmental non-compliance

CALGARY — The company building the Trans Mountain pipeline expansion has been issued a temporary stop-work order due to environmental non-compliance related to a wetland near Abbotsford, B.C.
Canada’s jobless rate rises to 5.7%, fuelling bets Bank of Canada rate hikes are done

Canada’s jobless rate rises to 5.7%, fuelling bets Bank of Canada rate hikes are done

OTTAWA — Canada’s unemployment rate rose to 5.7 per cent last month as job opportunities became less plentiful in an economy weighed down by high interest rates.
Magna beats expectations with profit boost as light vehicle production ramps up

Magna beats expectations with profit boost as light vehicle production ramps up

Magna International Inc. is reporting a jump in profits and revenues for its third quarter, beating analyst expectations. The auto parts manufacturer, which keeps its books in U.S.
Here's a quick glance at unemployment rates for October, by Canadian city

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

OTTAWA — The national unemployment rate was 5.7 per cent in October. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Here's a quick glance at unemployment rates for October, by province

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

OTTAWA — Canada's national unemployment rate was 5.7 per cent in October. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10 per cent (9.7) _ Prince Edward Island 6.
National employment numbers for October from Statistics Canada, at a glance

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

OTTAWA — A quick look at Canada's October employment (numbers from the previous month in brackets): Unemployment rate: 5.7 per cent (5.5) Employment rate: 61.9 per cent (62.0) Participation rate: 65.6 per cent (65.
St. Lawrence Seaway workers ratify three-year collective agreement

St. Lawrence Seaway workers ratify three-year collective agreement

St. Lawrence Seaway workers have ratified a new collective agreement. A tentative agreement was reached on Sunday between the St. Lawrence Seaway Management Corp. and Unifor, with help from federal mediators.
FTX founder Sam Bankman-Fried convicted of defrauding cryptocurrency customers

FTX founder Sam Bankman-Fried convicted of defrauding cryptocurrency customers

NEW YORK (AP) — FTX founder Sam Bankman-Fried’s spectacular rise and fall in the cryptocurrency industry — a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future run for president — hit rock bottom Th
UAW members at the first Ford plant to go on strike overwhelmingly approve the new contract

UAW members at the first Ford plant to go on strike overwhelmingly approve the new contract

DETROIT (AP) — Autoworkers at the first Ford factory to go on strike have voted overwhelmingly in favor of a tentative contract agreement reached with the company.