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Manulife reaches reinsurance deal worth $5.4 billion to free up capital
TORONTO — Manulife Financial Corp. says it has struck another deal to off-load lower-return assets through a $5.4-billion reinsurance deal. The insurer says the agreement with Reinsurance Group of America includes $2.
Nov 20, 2024 2:16 PM
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B.C. government delegation jets to California to promote the province's film industry
The trip to Los Angeles will include Spencer Chandra Herbert, minister of tourism, arts, culture and sport, Finance Minister Brenda Bailey and Nina Krieger, the Parliamentary secretary for arts and film.
Nov 20, 2024 1:49 PM
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S&P/TSX composite inches higher on energy strength Wednesday, U.S. markets mixed
TORONTO — Canada's main stock index crept higher Wednesday thanks to strength in energy stocks, while U.S. stock markets were mixed, recovering from larger losses earlier in the day ahead of earnings from Nvidia expected after the bell.
Nov 20, 2024 1:47 PM
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US charges billionaire Gautam Adani with defrauding investors, hiding plan to bribe Indian officials
NEW YORK (AP) — An Indian businessman who is one of the world’s richest people has been indicted in the U.S.
Nov 20, 2024 1:35 PM
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Competition Bureau investigating Leon's, The Brick for alleged deceptive marketing
The Competition Bureau has obtained a court order in an investigation centering around whether Leon's Furniture Ltd. and its subsidiary The Brick deceptively marketed their products.
Nov 20, 2024 1:20 PM
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Stock market today: Wall Street drifts as Target tumbles
NEW YORK (AP) — U.S. stocks drifted to a mixed finish, though the modest moves for indexes masked some thrashing underneath the surface. The S&P 500 ended barely changed Wednesday after trading lower for much of the day.
Nov 20, 2024 1:05 PM
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All premiers aligned on push for Canada to have bilateral trade deal with U.S.: Ford
TORONTO — All 13 provincial and territorial premiers are aligned on a push for the federal government to negotiate a bilateral trade deal with the United States, Ontario Premier Doug Ford said Wednesday.
Nov 20, 2024 11:21 AM
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McCain, Cavendish Farms named in U.S. class-actions alleging 'potato cartel'
The heat has been turned up on two Canadian frozen-potato giants who have been named in separate price-fixing lawsuits south of the border. McCain Foods Ltd.
Nov 20, 2024 11:10 AM
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Liberals, NDP to blame for Nova Scotia housing crisis, says Tory Leader Houston
HALIFAX — Previous Liberal and NDP governments are to blame for Nova Scotia's housing crisis, Progressive Conservative Leader Tim Houston said Wednesday on the campaign trail, boasting that his party's plan to build more homes is bearing fruit.
Nov 20, 2024 11:00 AM
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Rogers Sports and Media cuts a 'few dozen' jobs in its audio business
TORONTO — Rogers Sports and Media has cut a "few dozen" jobs in its audio business amid what it describes as an unpredictable advertising market that has led to declining revenue.
Nov 20, 2024 10:42 AM
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