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National Business
National Business
CN workers in Jasper face uncertainty as company plans to move rail ops an hour away
MONTREAL — Canadian National Railway Co. told employees this week it plans to relocate its operations in Jasper to near Hinton, Alta., about 100 kilometres away.
Sep 19, 2024 6:10 PM
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West Fraser indefinitely curtails Lake Butler, Fla., sawmill
VANCOUVER — West Fraser Timber Co. Ltd. says it's indefinitely curtailing its sawmill in Lake Butler, Fla., by the end of the month. The Vancouver-based company says the decision is because of high fibre costs and soft lumber markets.
Sep 19, 2024 5:34 PM
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With NHL national rights up in 2026, could Amazon be the big winner after MLSE deal?
Rogers Communications' plan to buy out Bell's ownership share of Maple Leaf Sports & Entertainment could become a big victory for an emerging power player on the sports media scene.
Sep 19, 2024 5:32 PM
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Bimbo Canada closing Quebec City bakery, affecting 141 workers
MONTREAL — Bakery company Bimbo Canada says it's closing its bakery in Quebec City by the end of the year, affecting about 141 workers.
Sep 19, 2024 5:21 PM
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Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world
NEW YORK (AP) — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates . The S&P 500 jumped 1.
Sep 19, 2024 5:03 PM
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S&P/TSX up more than 1%, U.S. markets rally to new heights one day after rate cut
TORONTO — Canada's main stock index gained more than one per cent on Thursday, while U.S. stock markets rallied to new records a day after the U.S. Federal Reserve cut its key interest rate.
Sep 19, 2024 4:48 PM
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A timeline of events in the bread price-fixing scandal
Almost seven years since news broke of an alleged conspiracy to fix the price of packaged bread across Canada, the saga isn’t over: the Competition Bureau continues to investigate the companies that may have been involved, and two class-action lawsui
Sep 19, 2024 4:39 PM
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Maple Leaf refutes bread price-fixing claims ahead of attempt to add it to lawsuit
TORONTO — Maple Leaf Foods asserted its innocence in an alleged bread price-fixing scheme ahead of a hearing to determine whether it will be added to an ongoing class-action lawsuit.
Sep 19, 2024 4:38 PM
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Cannabis retailer Tokyo Smoke starts stalking horse sales process
TORONTO — Cannabis retailer Tokyo Smoke says it has begun a stalking horse sales process. The sales process allowed by parent company TS Investments Corp. has priced the beleaguered business at $77 million.
Sep 19, 2024 4:34 PM
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Hot Docs says it's reopening theatre on a limited basis, searching for new leader
TORONTO — The beleaguered Hot Docs Film Festival says it will reopen its flagship Toronto theatre on a limited basis as it embarks on a search for a new leader this fall.
Sep 19, 2024 4:19 PM
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