Business

Unemployment rate rises to 5.8%, economy adds modest 25,000 jobs in November
Unemployment rate rises to 5.8%, economy adds modest 25,000 jobs in November

Statistics Canada says the unemployment rate ticked up to 5.8 per cent last month as job creation continues to lag population growth in the country. The federal agency released its November labour force...
Canadian economy shrank in Q3 but manages to 'keep its head above recession waters'
Canadian economy shrank in Q3 but manages to 'keep its head above recession waters'

The Canadian economy shrank in the third quarter amid weak business and consumer spending as well as lower exports. Statistics Canada released its gross domestic product report Thursday, which shows...
Feds select Boeing military plane in sole-source deal, bypassing Bombardier
Feds select Boeing military plane in sole-source deal, bypassing Bombardier

The federal government is expected to announce as early as Thursday that it has selected Boeing to replace the military's aging patrol planes in a multibillion-dollar deal, according to three sources familiar...
Respondents to Bank of Canada questionnaire largely oppose creating a digital loonie
Respondents to Bank of Canada questionnaire largely oppose creating a digital loonie

The Bank of Canada’s public consultations on the creation of a digital Canadian dollar reveal most respondents are opposed to it. The central bank released its findings Wednesday that show more than...
World economy will slow next year because of inflation, high rates and war: OECD
World economy will slow next year because of inflation, high rates and war: OECD

The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates. The Paris-based...
Coastal GasLink pipeline mechanically complete before year-end deadline
Coastal GasLink pipeline mechanically complete before year-end deadline

The Coastal GasLink pipeline that stretches across northern B.C. is mechanically complete ahead of the company's year-end deadline. 
Buyer beware: porch piracy set to ramp up with holiday season fast approaching
Buyer beware: porch piracy set to ramp up with holiday season fast approaching

A recent FedEx survey shows porch thefts have risen over the last two years, with 28 per cent of respondents reporting their packages were stolen by so-called porch pirates in the past.
What's Merriam-Webster's word of the year for 2023? Hint: Be true to yourself
What's Merriam-Webster's word of the year for 2023? Hint: Be true to yourself

In an age of deepfakes and post-truth, as artificial intelligence rose and Elon Musk turned Twitter into X, the Merriam-Webster word of the year for 2023 is “authentic.” Authentic cuisine. Authentic...
Court document claims Meta knowingly designed its platforms to hook kids, reports say
Court document claims Meta knowingly designed its platforms to hook kids, reports say

The complaint was the opening salvo in a lawsuit filed in late October by the attorneys general of 33 states.
Christopher Luxon sworn in as New Zealand prime minister, says priority is to improve economy
Christopher Luxon sworn in as New Zealand prime minister, says priority is to improve economy

Christopher Luxon was sworn in as New Zealand's prime minister on Monday and said his top priority was to improve the economy.