Skip to content

National Business

Bitcoin is at the doorstep of $100,000 as post-election rally rolls on

Bitcoin is at the doorstep of $100,000 as post-election rally rolls on

NEW YORK (AP) — Bitcoin topped $98,000 for the first time Thursday, extending a streak of almost daily all-time highs since the U.S. presidential election. The cryptocurrency has rocketed more than 40% in just two weeks.
Read more >
US home sales rose in October, notching their first annual gain in more than three years

US home sales rose in October, notching their first annual gain in more than three years

LOS ANGELES (AP) — Sales of previously occupied U.S. homes rose in October, the first annual gain in more than three years, with home shoppers encouraged by easing rates and a pickup in properties on the market. Existing home sales rose 3.
Read more >
Stock market today: Indexes rise as prices for Nvidia, bitcoin and oil all climb

Stock market today: Indexes rise as prices for Nvidia, bitcoin and oil all climb

NEW YORK (AP) — U.S. stocks are rising after market superstar Nvidia and another round of companies said they’re making fatter profits than expected. The S&P 500 added 0.4% in early trading Thursday.
Read more >
Bitcoin is at the doorstep of $100,000 as post-election rally rolls on

Bitcoin is at the doorstep of $100,000 as post-election rally rolls on

NEW YORK (AP) — Bitcoin topped $98,000 for the first time Thursday, extending a streak of almost daily all-time highs since the U.S. presidential election. The cryptocurrency has rocketed more than 40% in just two weeks.
Read more >
Liberals to offer GST break on toys, restaurant meals but need help to pass it

Liberals to offer GST break on toys, restaurant meals but need help to pass it

OTTAWA — The federal Liberals are seeking to temporarily take the federal sales tax off a slew of items just in time for Christmas.
Read more >
CPP Investments signs new joint venture to build data centres in South Korea

CPP Investments signs new joint venture to build data centres in South Korea

TORONTO — The Canada Pension Plan Investment Board has signed a new joint venture deal with Pacific Asset Management Co. to develop data centres in South Korea. The investment manager says it is its second data centre joint venture with Pacific AMC.
Read more >
Border agency detained dozens of 'forced labour' cargo shipments. Now it's being sued

Border agency detained dozens of 'forced labour' cargo shipments. Now it's being sued

VANCOUVER — Canada's border agency says it has detained about 50 shipments of cargo over suspicions they were products of forced labour under rules introduced in 2020 — but only one was eventually determined to be in breach of the ban.
Read more >
Talk of gender-based violence largely absent from N.S. election, says women's group

Talk of gender-based violence largely absent from N.S. election, says women's group

HALIFAX — Domestic violence has not been given enough attention during the Nova Scotia election campaign, with only one of the three major parties mentioning intimate-partner violence in their platform, says a group that advocates for women's rights.
Read more >
Estate sale Emily Carr painting bought for US$50 nets C$290,000 at Toronto auction

Estate sale Emily Carr painting bought for US$50 nets C$290,000 at Toronto auction

TORONTO — An Emily Carr painting that sold for US$50 at an estate sale has fetched C$290,000 at a Toronto auction. Heffel Fine Art Auction House says “Masset, Q.C.I.
Read more >
Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe

Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe

FRANKFURT, Germany (AP) — Ford Motor Co. says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker than expected sales of electric cars.
Read more >