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

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

OTTAWA — A quick look at Canada's August employment (numbers from the previous month in brackets): Unemployment rate: 5.4 per cent (4.9) Employment rate: 61.3 per cent (61.6) Participation rate: 64.8 per cent (64.
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 (19,413.00, up 171.56 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 30 cents, or 0.75 per cent, to $40.27 on 13 million shares.
UK to cap energy prices, end fracking ban to ease crisis

UK to cap energy prices, end fracking ban to ease crisis

LONDON (AP) — New British Prime Minister Liz Truss announced Thursday that her Conservative government will cap domestic energy prices for homes and businesses to ease a cost-of-living crisis that has left residents across the United Kingdom facing a
S&P/TSX composite closes higher along with U.S. markets as financials gain

S&P/TSX composite closes higher along with U.S. markets as financials gain

TORONTO — Canada's main stock index closed higher along with U.S. markets as investors digested the latest signals on rate increases from central banks. The S&P/TSX composite index gained 171.56 points Thursday to close at 19,413.
Stocks recover from a stumble on Wall Street and end higher

Stocks recover from a stumble on Wall Street and end higher

NEW YORK — The stock market recovered from a midday stumble and ended higher, staying on track for its first weekly gain in four weeks. The S&P 500 rose 0.7% Thursday.
Lower economic growth necessary to bring inflation down: BoC senior deputy governor

Lower economic growth necessary to bring inflation down: BoC senior deputy governor

OTTAWA — Bank of Canada senior deputy governor Carolyn Rogers says a period of lower economic growth is necessary to bring inflation down but that the bank still expects to accomplish its goal of lowering inflation without triggering a recession.
Dye & Durham deal to buy Link Group clears Australian competition regulator

Dye & Durham deal to buy Link Group clears Australian competition regulator

TORONTO — Dye & Durham Ltd. says Australia's competition regulator will not oppose the company's acquisition of Link Group.
Transat says it's on track for strong winter season amid demand for sun destinations

Transat says it's on track for strong winter season amid demand for sun destinations

MONTREAL — Tour operator Transat A.T. Inc. says it's on track for a strong winter travel season amid a rebound in sun destination sales that promise to match pre-pandemic levels.
Investment in Canadian fintech firms down more than 50% in first half of 2022: KPMG

Investment in Canadian fintech firms down more than 50% in first half of 2022: KPMG

TORONTO — New research from KPMG shows investment in Canadian financial technology companies has dropped by more than 50 per cent in the first half of the year.
Powell: Higher rates unlikely to cause deep US recession

Powell: Higher rates unlikely to cause deep US recession

WASHINGTON (AP) — The last time the Federal Reserve faced inflation as high as it is now , in the early 1980s, it jacked up interest rates to double-digit levels — and in the process caused a deep recession and sharply higher unemployment.