National Business

OTTAWA — Canada's financial regulator is raising the amount of capital the country's major banks need to have on hand to cover potential losses as it says financial system vulnerabilities remain elevated and in some cases have continued to increase.

TORONTO — Global technology conference Collision says it is extending its stay in Toronto for another year. The travelling event showcasing startups and business heavyweights says it will return to the city for its 2024 conference.

With ads popping up on TV, social media, giant billboards and at professional sports games, Canadians may be feeling bombarded by marketing for Ozempic and sister drug Rybelsus.

TORONTO — A new report says the gender pay gap in Canada narrowed last year compared with 2021, but still stood at more than 20 per cent.

The head of the Tourism Industry Association of Canada says businesses are struggling to stay afloat under a pile of debt and a dearth of overseas visitors.

HALIFAX — Search vessels and aircraft from the United States and Canada were scouring an area Monday south of Newfoundland for a small submersible reported missing during a dive to view the wreckage of the Titanic.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,934.21, down 41.16): Manulife Financial Corp. (TSX:MFC). Finance. Up five cents, or 0.20 per cent, to $25.09 on 3.1 million shares.

TORONTO — Canada's main financial index ticked lower Monday, with broad-based but shallow weakness across sectors including energy, financials, industrials and tech.

MONTREAL — WestJet's decision to bring Sunwing Airlines under its main banner could mean less service and higher fares — particularly in Western Canada and smaller cities across the country, experts say.

TORONTO — The head of Canada's housing agency says measures such as extending mortgage amortizations and changing the threshold to qualify for an insured mortgage are not the answer to the country's housing affordability challenges.