Skip to content

National Business

Average home price hit record $816,720 last month as supply began to rebound: CREA

Average home price hit record $816,720 last month as supply began to rebound: CREA

The Canadian Real Estate Association said the national average home price climbed by more than 20 per cent since last year to hit a record $816,720 in February, driven by exceptional growth across the country.
Read more >
CannTrust to change name as it exits creditor protection with new majority investor

CannTrust to change name as it exits creditor protection with new majority investor

VAUGHAN, Ont. — CannTrust Holdings Inc. plans to change its name after exiting creditor protection, with its subsidiary receiving $17 million in financing from a group of investors led by a Netherlands-based private equity investment company.
Read more >
CannTrust to change name as it exits creditor protection with new majority investor

CannTrust to change name as it exits creditor protection with new majority investor

VAUGHAN, Ont. — CannTrust Holdings Inc. plans to change its name after exiting creditor protection, with its subsidiary receiving $17 million in financing from a group of investors led by a Netherlands-based private equity investment company.
Read more >
US producer prices climbed 10% in February from a year ago

US producer prices climbed 10% in February from a year ago

Wholesale inflation in the United States shot up 10% last month from a year earlier — another sign that inflationary pressures remain intense at all levels of the economy.
Read more >
Statistics Canada says higher prices helped manufacturing sales edge up in January

Statistics Canada says higher prices helped manufacturing sales edge up in January

OTTAWA — Canadian manufacturing sales rose 0.6 per cent to $64.8 billion in January, as higher prices helped boost sales in the petroleum and coal sector to a record high and lift wood product sales higher, Statistics Canada said Tuesday.
Read more >
Tim Hortons taking its coffee, doughnuts and Timbits to India later this year

Tim Hortons taking its coffee, doughnuts and Timbits to India later this year

TORONTO — Tim Hortons is taking its coffee, doughnuts and Timbits to India. The coffee chain says it will open its first location in the country later this year as part of an agreement with a joint venture owned by Apparel Group and Gateway Partners.
Read more >
CMHC reports annual pace of housing starts in February up from January

CMHC reports annual pace of housing starts in February up from January

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in February rose eight per cent compared with January.
Read more >
COVID-19 cases more than double in China's growing outbreak

COVID-19 cases more than double in China's growing outbreak

BEIJING (AP) — China's new COVID-19 cases Tuesday more than doubled from the previous day as the country faces by far its biggest outbreak since the early days of the pandemic.
Read more >
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 Monday on the Toronto Stock Exchange: Toronto Stock Exchange (21,180.78, down 281.05 points.) Canadian Natural Resources (TSX:CNQ). Energy. Down $3.42, or 4.4 per cent, to $74.21 on 18.
Read more >
Unifor launches probe into allegations Dias broke union's constitution

Unifor launches probe into allegations Dias broke union's constitution

TORONTO — A day after Unifor president Jerry Dias announced his sudden retirement, the union revealed it has been investigating the now former president since late January.
Read more >