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Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook

Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook

TORONTO — From ultra-low interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it’s been hard to keep up with the shifting landscape for mortgage holders.
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TVO employees vote to reject 'final' contract offer as strike heads into 7th week

TVO employees vote to reject 'final' contract offer as strike heads into 7th week

TORONTO — Workers at Ontario's public broadcaster have voted to reject what the company's management says is its "final" offer after nearly six weeks of labour action.
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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of Canada speech Nicolas Vincent, the external non-executive deputy governor of the Bank of Canada, will give a speech to the Chamber of Commerce of Metropolit
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Environmental groups increasingly using competition law to fight fossil fuel sector

Environmental groups increasingly using competition law to fight fossil fuel sector

CALGARY — Splashed across billboards and city buses, onnewspaper spreads and Facebook feeds, the "Let's Clear the Air" ad campaign by the Pathways Alliance group of oilsands companies is a multi-million-dollar public relations blitz by an industry ke
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Government shutdown averted with little time to spare as Biden signs funding before midnight

Government shutdown averted with little time to spare as Biden signs funding before midnight

WASHINGTON (AP) — The threat of a federal government shutdown suddenly lifted late Saturday as President Joe Biden signed a temporary funding bill to keep agencies open with little time to spare after Congress rushed to approve the bipartisan deal.
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California governor rejects bill to give unemployment checks to striking workers

California governor rejects bill to give unemployment checks to striking workers

SACRAMENTO, Calif. (AP) — California won't be giving unemployment checks to workers on strike, with Democratic Gov. Gavin Newsom vetoing a bill Saturday that had been inspired by high-profile work stoppages in Hollywood and the hotel industry.
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United Auto Workers strikes spread as 7,000 more workers at two plants join the picket line

United Auto Workers strikes spread as 7,000 more workers at two plants join the picket line

DETROIT (AP) — The United Auto Workers union expanded strikes against Detroit automakers Friday, ordering 7,000 more workers to walk off the job in Illinois and Michigan to put more pressure on the companies to improve their offers.
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Airline industry claims traveller safety at risk with proposed passenger rights rules

Airline industry claims traveller safety at risk with proposed passenger rights rules

MONTREAL — Aviation companies are making the pitch to Ottawa that stricter rules designed to boost customer compensation and improve service could put passenger safety at risk — an argument consumer advocates reject as "ridiculous.
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Air Canada pilots picket at Toronto's Pearson airport as talks continue

Air Canada pilots picket at Toronto's Pearson airport as talks continue

TORONTO — Air Canada pilots demonstrated at Toronto's Pearson airport Friday, calling for better wages and working conditions as talks with the country's biggest carrier continue.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Fridayon the Toronto Stock Exchange: Toronto Stock Exchange (19,541.27, down 49.47): Baytex Energy Corp. (TSX:BTE). Energy. Up 16 cents, or 2.74 per cent, to $5.99 on 10.1 million shares.
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