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PBO forecasts economy to grow 1% this year, expects Bank of Canada to hold rates
OTTAWA — The Parliamentary Budget Office has trimmed its forecast for economic growth this year. The PBO's latest economic and fiscal outlook predicts the economy will grow by 1.0 per cent this year followed by 1.6 per cent in 2024.
Mar 2, 2023 1:47 PM
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Canadian Natural Resources' Q4 profit down from year ago; extreme cold affects output
CALGARY — Canadian Natural Resources Ltd.'s profits took a hit in the fourth quarter of 2022 as extreme winter weather forced the oilsands giant to reduce production. The Calgary-based company reported Thursday that it earned $1.52 billion or $1.
Mar 2, 2023 1:12 PM
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Industry urges Ottawa to expand trusted traveller program ahead of summer season
TORONTO — An industry coalition is calling on Ottawa to broaden its trusted traveller pilot program and roll it out across the country.
Mar 2, 2023 12:50 PM
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DesRosiers says February auto sales up 5.1 per cent from a year earlier
TORONTO — DesRosiers Automotive Consultants Inc. says light vehicle sales in Canada were up 5.1 per cent in Februrary from a year earlier. The automotive industry research firm estimates 103,771 new light vehicles were sold in the month.
Mar 2, 2023 11:59 AM
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Greater Vancouver home sales up 77% from Jan., down 47% from last year: board
VANCOUVER — The Real Estate Board of Greater Vancouver says February's home sales were up 76.9 per cent from January, but down 47.2 per cent from the year before.
Mar 2, 2023 10:55 AM
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CWB Financial reports first-quarter profit up from year ago
EDMONTON — CWB Financial Group reported its first-quarter profit rose compared with a year ago, helped by a reversal of a previously recognized impaired loan writeoff.
Mar 2, 2023 10:14 AM
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Review your rights before signing paperwork during a layoff: employment lawyers
TORONTO — You've just made it into the office, when your boss brings you into a meeting room, where you find someone from human resources about to deliver you bad news: your company is carrying out layoffs and you're on the list.
Mar 2, 2023 10:00 AM
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Applications for jobless claims fall for 3rd straight week
The number of people applying for unemployment benefits in the U.S. fell for third straight week.
Mar 2, 2023 8:53 AM
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Europe inflation eases slightly but consumer pain persists
FRANKFURT, Germany (AP) — Inflation eased only slightly in the 20 countries that use the euro currency as the pain from higher costs for food and fuel persists and gives the European Central Bank no reason to slow interest rate increases aimed at get
Mar 2, 2023 6:06 AM
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Enbridge CEO hopes for more carbon capture support in upcoming federal budget
CALGARY — Enbridge Inc. is hoping to see more incentives for carbon capture and storage announced in the upcoming federal budget, the CEO of the energy infrastructure giant said Wednesday.
Mar 1, 2023 6:53 PM
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