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Wholesale sales rose 0.1 per cent in January: Statistics Canada

Wholesale sales rose 0.1 per cent in January: Statistics Canada

OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.1 per cent to $82.4 billion in January.
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US consumer sentiment ticks down slightly, but most expect inflation to ease further

US consumer sentiment ticks down slightly, but most expect inflation to ease further

WASHINGTON (AP) — Consumers became slightly less optimistic about the economy this month, though they continue to expect inflation to cool further, a potential sign that price increases will keep slowing.
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As alcohol consumption declines, a St. Patrick's Day with fewer raised glasses

As alcohol consumption declines, a St. Patrick's Day with fewer raised glasses

TORONTO — The usual sight of green-clad revellers celebrating St. Patrick's Day is expected across Canada on Sunday — but compared with a decade ago, fewer of them will be indulging in alcohol.
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Honda and Nissan agree to work together on developing electric vehicles and intelligence technology

Honda and Nissan agree to work together on developing electric vehicles and intelligence technology

TOKYO (AP) — Nissan and Honda said Friday they will work together on developing electric vehicles and auto intelligence technology to pool resources in a sector where Japanese automakers have fallen behind. The chief executives of Nissan Motor Co.
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Tribunal rejects Montreal port employers' bid to rule dockworkers as essential

Tribunal rejects Montreal port employers' bid to rule dockworkers as essential

MONTREAL — A federal tribunal on Thursday reiterated its stance that Montreal port employers cannotrequire employees to work during a strike, paving the way for negotiations to resume ahead of potential job action.
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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 (21,829.85, down 140.26 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up two cents, or 0.02 per cent, to $99.61 on 18.
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Grounded planes weigh on Transat growth plans, after strike fears erode earnings

Grounded planes weigh on Transat growth plans, after strike fears erode earnings

MONTREAL — Transat A.T. Inc. has reined in summer growth plans as grounded planes continue to weigh on profit margins — after fears of a strike ate away at bookings last quarter, yielding a net loss, its CEO said.
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S&P/TSX composite down 140 points, U.S. markets tick lower after economic reports

S&P/TSX composite down 140 points, U.S. markets tick lower after economic reports

TORONTO — Telecom, financial and utilities stocks led Canada's main stock index down on Thursday even as the price of oil rose, while U.S. markets eased lower as well after several economic reports. The S&P/TSX composite index closed down 140.
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Stock market today: Wall Street slips away from records after mixed data on the economy

Stock market today: Wall Street slips away from records after mixed data on the economy

NEW YORK (AP) — Stocks slipped away from their records following a mixed batch of economic reports. The S&P 500 fell 0.3% Thursday after giving up an earlier, modest gain. The Dow Jones Industrial Average lost 0.
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Renters have harder time accumulating wealth than homeowners: RBC economist

Renters have harder time accumulating wealth than homeowners: RBC economist

TORONTO — Renters face daunting barriers in their attempts to build wealth as they're forced to devote an increasing share of their income to keeping a roof over their head, said an RBC report Thursday.
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