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National Business
Prorogation upends capital gains proposal but CRA yet to offer guidance
Justin Trudeau's decision to step down and prorogue parliament will keep his government from implementing its proposed changes to capital gains for now, but Canadians might not be off the hook with the country's tax collectors just yet.
Jan 6, 2025 4:29 PM
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S&P/TSX composite sees small loss Monday after Trudeau resignation, U.S. stocks mixed
TORONTO — Canada's main stock index closed slightly lower on Monday after Prime Minister Justin Trudeau officially announced he plans to step aside, while U.S. stock markets were mixed. The S&P/TSX composite index closed down 73.
Jan 6, 2025 4:28 PM
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McDonald's is the latest company to roll back diversity goals
Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, citing a U.S. Supreme Court’s decision that outlawed affirmative action in college admissions.
Jan 6, 2025 4:26 PM
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Canadian oil stocks climb as industry absorbs news of Trudeau resignation
CALGARY — Canadian oil and gas stocks climbed Monday on the news of Prime Minister Justin Trudeau's resignation, but analysts say the country's energy sector will still be challenged by uncertainty in the months to come.
Jan 6, 2025 4:19 PM
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Stock market today: Nvidia and other tech stocks pull Wall Street higher
NEW YORK (AP) — Rising technology stocks helped U.S. indexes recover more of their holiday-season slide that bridged the new year. The S&P 500 climbed 0.6% Monday, its second straight gain following five straight losses.
Jan 6, 2025 4:06 PM
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Business groups call for unity as Trudeau announcement creates uncertainty
TORONTO — Prime Minister Justin Trudeau's plan to step down has business experts warning about the heightened uncertainty it has created and the need for a unified front to face the challenges ahead.
Jan 6, 2025 3:48 PM
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McDonald's is the latest company to roll back diversity goals
McDonald’s is ending some of its diversity practices, citing the U.S. Supreme Court’s 2023 decision outlawing affirmative action in college admissions.
Jan 6, 2025 3:39 PM
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Ontario lawyers applaud plan to boost legal aid eligibility, but say more help needed
The provincial agency that provides legal help for low-income Ontarians is planning to expand eligibility for its services, a move that some lawyers applaud but add it's only a "first step" toward fixing Ontario's legal aid system.
Jan 6, 2025 2:41 PM
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Netflix and Family Channel lace up for teen skating series 'Finding Her Edge'
Family Channel is hitting the rinks for a new live-action teen drama set in the high-stakes world of competitive figure skating.
Jan 6, 2025 2:36 PM
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Nova Scotia paper mill to be powered by wind farm with financing from federal agency
HALIFAX — A Cape Breton paper mill says a federal investment in 24 new wind turbines completes the financing of a project that will secure its future electricity needs. The Canada Infrastructure Bank has announced it will provide $224.
Jan 6, 2025 2:19 PM
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