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National employment numbers for October from Statistics Canada, at a glance

National employment numbers for October from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's October employment (numbers from the previous month in brackets): Unemployment rate: 5.2 per cent (5.2) Employment rate: 61.6 per cent (61.3) Participation rate: 64.9 per cent (64.
'Political hot potato': residents of Hay River, N.W.T. urge dredging in key waterway

'Political hot potato': residents of Hay River, N.W.T. urge dredging in key waterway

HAY RIVER, N.W.T. — Aaron Campbell and his brother were boating from Yellowknife to Hay River, N.W.T., earlier this fall when they got stuck on a sandbar in the shallow waters of Great Slave Lake near the mouth of the Hay River.
LAPD captain's allegiances probed in tipoff to CBS exec

LAPD captain's allegiances probed in tipoff to CBS exec

LOS ANGELES (AP) — As the former captain in charge of the Hollywood Division of the Los Angeles Police Department, Cory Palka was a star himself.
RioCan posts Q3 net income of $3.2 million, down 98 per cent from 2021

RioCan posts Q3 net income of $3.2 million, down 98 per cent from 2021

TORONTO — RioCan Real Estate Investment Trust reported net income in the third quarter of $3.2 million, down from $137.6 million the year before, attributing the drop to a net fair value loss on investment properties.
Fall budget update promises tax credits for clean electricity and hydrogen production

Fall budget update promises tax credits for clean electricity and hydrogen production

OTTAWA — Finance Minister Chrystia Freeland’s fall economic update creates two new federal tax credits for clean technology and low-emitting hydrogen production, with the caveat that companies that pay fair wages and train apprentices will get a bigg
Five things you need to know about the Liberals’ fall economic update

Five things you need to know about the Liberals’ fall economic update

OTTAWA — The federal Liberals unveiled their fall economic update Thursday — a 92-page mini-budget setting out Canada’s fiscal situation and outlining new policies to tackle cost-of-living woes.
Fairfax records net loss of $75 million in Q3, while revenues rise

Fairfax records net loss of $75 million in Q3, while revenues rise

TORONTO — Fairfax Financial Holdings Ltd. says it recorded a net loss of US$75.1 million in the third quarter, down from earnings of $462.4 million in the third quarter of last year. The Toronto-based holding company, which reports in U.S.
Forced sale of strategic mineral interests important step to boost security: experts

Forced sale of strategic mineral interests important step to boost security: experts

TORONTO — The move by the federal government to force Chinese companies to sell their investments in three critical mineral companies is being called a meaningful and necessary escalation of Canada's defensive posturing on strategic assets.
Lowe's to sell Canadian business, including RONA stores, to private equity firm

Lowe's to sell Canadian business, including RONA stores, to private equity firm

MOORESVILLE, N.C. — Lowe's Companies, Inc. is selling its Canadian retail business to New York-based private equity firm Sycamore Partners for US$400 million plus a performance-based deferred consideration.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,241.22, down 35.79 points): Barrick Gold Corp. (TSX:ABX). Materials. Down $1.62, or 8.27 per cent, to $17.98 on 19.1 million shares.