Business

Economy sheds 42,000 jobs, unemployment rate steady in August: StatCan

OTTAWA — The previously hot labour market stalled out to end the summer with a loss of 42,000 jobs in August, Statistics Canada said Friday.

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7m ago

Irving Oil CEO Jeff Matthews to retire in November, new CEO to be announced

SAINT JOHN — Irving Oil says CEO Jeff Matthews will retire from the company on Nov. 1.

14h ago

Musk launches steering-wheel-free taxi service in bet riders lose 'no control' fears and hop inside

NEW YORK (AP) — Elon Musk sent dozens of self-driving Cybercabs without steering wheels or brake pedals onto the streets of Austin, Texas, on Thursday, betting that Americans will overcome their fears of rides with “no control” and hop inside.

16h ago

Lisa LaFlamme says Gloria Steinem's legacy is about the power of using your voice

Lisa LaFlamme has long been inspired by the work of feminist activist, author and journalist Gloria Steinem.

16h ago

Ontario fines SeatGeek $25,000 under ticket resale law that aims to prevent scalping

TORONTO — Ontario has fined ticket reseller SeatGeek Canada $25,000 under a recent law that caps the sale of seats at face value.

17h ago

U.S. CUSMA exit would be 'severe but not cataclysmic' for Canada: Deloitte report

Boosting trade with a more diverse array of international partners would only plug part of the hole in Canada's economy if the U.S. were to withdraw from the North American trade pact, says a new Deloitte...

September 3, 2026 5:00 am EST EST

Ottawa spending $4.7B on new made-in-Canada Via Rail passenger cars

THUNDER BAY — Prime Minister Mark Carney announced a $4.7 billion contract to build 313 new passenger cars for Via Rail on Thursday.

20h ago

CP NewsAlert: Feds to spend $1.9B to replace Via Rail locomotive fleet, build plant

A Via Rail train heading to Toronto is seen at the Dorval station Tuesday, June 25, 2019 in Montreal. The federal government is spending $1.6 billion to replace Via Rail's aging fleet of locomotives. THE CANADIAN PRESS/Ryan Remiorz

September 3, 2026 4:14 am EST EST

CP NewsAlert: Feds to spend $1.9B to replace Via Rail locomotive fleet, build plant

A Via Rail train heading to Toronto is seen at the Dorval station Tuesday, June 25, 2019 in Montreal. The federal government is spending $1.6 billion to replace Via Rail's aging fleet of locomotives. THE CANADIAN PRESS/Ryan Remiorz

September 3, 2026 4:14 am EST EST

CP NewsAlert: Feds to spend $1.9B to replace Via Rail locomotive fleet, build plant

A Via Rail train heading to Toronto is seen at the Dorval station Tuesday, June 25, 2019 in Montreal. The federal government is spending $1.6 billion to replace Via Rail's aging fleet of locomotives. THE CANADIAN PRESS/Ryan Remiorz

September 3, 2026 4:14 am EST EST