National Business

WASHINGTON (AP) — A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October, likely reinforcing the Fed's intent to keep raising interest rates to cool the economy and slow the accelera

WASHINGTON (AP) — The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market has been largely unaffected by the Federal Reserve's aggressive interest rate hikes.

TORONTO — Royal Bank of Canada says Jacynthe Côté will be appointed as chair of the bank's board of directors next year.

WASHINGTON — Since the global onset of COVID-19, Canada has been gradually closing the gap with the United States when it comes to attracting and keeping an important economic prize: new permanent residents.

The Canadian Food Inspection Agency has issued a recall for Cruzilles brand Acid Mini Pastille – Fruit Jellies because the candy contains milk which is not listed on the label.

QUEBEC — The Quebec government will spend the next four years trying to reverse what it says is the decline of French in Montreal and transform the province's economy while reducing greenhouse gas emissions, Premier François Legault said Wednesday.

TORONTO — Ontario says it has appointed former board member Kevan Cowan as the new chair of the Ontario Securities Commission.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,453.26, up 175.85 points): BlackBerry Ltd. (TSX:BB). Technology. Down three cents, or 0.46 per cent, to $6.52 on 33.

TORONTO — Canada's main stock index gained almost one per cent Wednesday after dipping in the morning, with gains in metals, industrials and other sectors offsetting a slip in energy stocks, while U.S. markets posted stronger gains.

Anyone looking for that perfect Christmas tree will probably notice the 10 per cent price increase from last year, but they're less likely to see what's behind it: an industry at a turning point.