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S&P/TSX composite ticks lower as telecom and utility stocks pull back, U.S. stocks up

S&P/TSX composite ticks lower as telecom and utility stocks pull back, U.S. stocks up

TORONTO — Canada's main stock index ticked lower Monday, weighed down by losses in telecom and utility stocks, while U.S. stock markets rose. It was a generally quiet day on the markets as investors gear up for a big Wednesday that will see U.S.
Bombardier patrol planes would sport price tag 'competitive' with Boeing bid

Bombardier patrol planes would sport price tag 'competitive' with Boeing bid

MONTREAL — The patrol planes Bombardier Inc. hopes could replace aging Canadian military aircraft will have a price "competitive" with that of jets from rival Boeing Inc., the Montreal-based company says.
Stock market today: Wall Street edges higher ahead of updates on inflation, profits

Stock market today: Wall Street edges higher ahead of updates on inflation, profits

NEW YORK (AP) — Stocks drifted higher on Wall Street ahead of a week with updates on where inflation and corporate profits are heading. The S&P 500 rose 0.2% Monday, coming off just its second losing week in the last eight. The Dow added 0.
Governments need to remove interprovincial trade barriers: CFIB

Governments need to remove interprovincial trade barriers: CFIB

TORONTO — Provincial and territorial governments need to remove internal trade barriers on labour, services and products like alcohol and meat, the Canadian Federation of Independent Business says.
Ferry between P.E.I., N.S. to resume after vessel pulled during peak tourism season

Ferry between P.E.I., N.S. to resume after vessel pulled during peak tourism season

CHARLOTTETOWN — The company operating the ferry between Prince Edward Island and Nova Scotia says service is set to resume today after the vessel was pulled from the water twice since mid-June.
Transat AT signs deal to sell property in Mexico to Finest Resorts for US$38 million

Transat AT signs deal to sell property in Mexico to Finest Resorts for US$38 million

MONTREAL — Transat AT Inc. says it has sold a piece of land in Mexico to resort company Finest Resorts for US$38 million.
Debt, savings worries up as higher interest rates and costs take a toll: surveys

Debt, savings worries up as higher interest rates and costs take a toll: surveys

CALGARY — More than half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month, a report by insolvency firm MNP Ltd.
Dye & Durham signs deal to sell TM Group business to Aurelius

Dye & Durham signs deal to sell TM Group business to Aurelius

TORONTO — Dye & Durham Ltd. has signed a deal to sell its TM Group business to Aurelius in an agreement worth up to 91 million pounds after a British competition regulator took issue with its acquisition of the business in 2021.
West Fraser Timber selling pulp mill in Hinton, Alta., to Mondi Group

West Fraser Timber selling pulp mill in Hinton, Alta., to Mondi Group

VANCOUVER — West Fraser Timber Co. Ltd. has signed a deal to sell its unbleached softwood kraft pulp mill in Hinton, Alta., to Mondi Group, an integrated packaging and paper company.
As Canadian cities make pandemic patios permanent, experts call for clear standards

As Canadian cities make pandemic patios permanent, experts call for clear standards

At the height of social distancing and other restrictions related to the COVID-19 pandemic, many Canadian cities rolled out temporary patio policies, loosening rules and waiving fees for bars and restaurants looking to seat more customers outdoors.