Skip to content

National Business

Long-term rate hikes effects will be 'more powerful' than people think: Poloz

Long-term rate hikes effects will be 'more powerful' than people think: Poloz

OTTAWA — The full effects of interest rate hikes have yet to be felt — and will be "even more powerful" than many anticipate, said former Bank of Canada governor Stephen Poloz Thursday in a speech about ways Canada can chart a path toward economic gr
Head of bankers group says more consumer protection needed in emerging payments space

Head of bankers group says more consumer protection needed in emerging payments space

TORONTO — More consumer protection is needed as new entrants in the fast-growing payments space get ahead of regulation, the head of the Canadian Bankers Association said.
Manulife cutting about 50 jobs as part of changes at its real estate operations

Manulife cutting about 50 jobs as part of changes at its real estate operations

TORONTO — Manulife Financial Corp. is eliminating about 50 jobs as it makes changes to its real estate operations. The company says it is changing its real estate operating model in Canada and its regional coverage strategy in North America.
Statistics Canada says job vacancies rose 3.8 per cent in September

Statistics Canada says job vacancies rose 3.8 per cent in September

OTTAWA — Statistics Canada says the number of job vacancies was up 3.8 per cent in September at 994,800. The agency says the month-over-month increase was largely attributable to seasonal variations, as job vacancies typically peak in September.
EU nations fail to close rift on gas prices as cold sets in

EU nations fail to close rift on gas prices as cold sets in

BRUSSELS (AP) — On winter's doorstep, European Union nations again failed to bridge bitter disagreements over a natural gas price cap Thursday as they struggle to effectively shield 450 million citizens from massive increases in their utility bills .
How the elimination of interest on federal student loans could give graduates a boost

How the elimination of interest on federal student loans could give graduates a boost

Lee Nisar has racked up about $50,000 in student loans. "I avoid looking at my student loan account for my own well-being most of the time," said Nisar, who is a master's student at Toronto Metropolitan University.
Carbon pricing good idea complicated by rising energy costs: Nova Scotia advocate

Carbon pricing good idea complicated by rising energy costs: Nova Scotia advocate

HALIFAX — An affordable energy advocate says the imposition of consumer carbon pricing in Nova Scotia is a good idea, but adds that rising energy costs continue to pose problems for people with lower incomes.
Retailers look for Black Friday comeback as inflation has shoppers hunting for deals

Retailers look for Black Friday comeback as inflation has shoppers hunting for deals

Annie Titheridge's plan is to arrive at the mall before it opens, buy gifts for everyone on her list and beat the afternoon rush-hour traffic home.
'Bodies drop' as Walmart manager kills 6 in Virginia attack

'Bodies drop' as Walmart manager kills 6 in Virginia attack

CHESAPEAKE, Va.
Inflation relief measures should be well targeted and temporary, says Macklem

Inflation relief measures should be well targeted and temporary, says Macklem

OTTAWA — Governments looking to provide inflation relief to Canadians should choose measures that are well targeted and temporary, says Bank of Canada governor Tiff Macklem.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks