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S&P/TSX composite down Monday, U.S. markets also move lower

S&P/TSX composite down Monday, U.S. markets also move lower

TORONTO — Canada's main stock index moved lower Monday, led by losses in technology and utilities stocks, while U.S. stock markets were also down.
'Infuriating': Wait times grow amid Canada Post strike as backlogs, frustration mount

'Infuriating': Wait times grow amid Canada Post strike as backlogs, frustration mount

It's been almost two weeks since Darren Solomon had a working fridge. The appliance's compressor conked out on Nov. 26 and he’s been waiting for a replacement part ever since.
Stock market today: Nvidia drags Wall Street lower as oil and gold rise

Stock market today: Nvidia drags Wall Street lower as oil and gold rise

NEW YORK (AP) — A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records. The S&P 500 fell 0.6% Monday, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average fell 0.
Pamela Anderson's Hollywood comeback nets Golden Globe nom for best drama actress

Pamela Anderson's Hollywood comeback nets Golden Globe nom for best drama actress

Pamela Anderson's Hollywood comeback hit a new high Monday when the Canadian actress picked up her first-ever Golden Globe nomination.
GST break would cost Ottawa $2.7B if provinces with HST asked for compensation

GST break would cost Ottawa $2.7B if provinces with HST asked for compensation

OTTAWA — The federal government's GST holiday would cost as much as $2.7 billion if provinces with a harmonized sales tax asked for compensation, the parliamentary budget officer said on Monday.
BoC expected to lower interest rates again, with odds leaning toward larger cut

BoC expected to lower interest rates again, with odds leaning toward larger cut

OTTAWA — Financial markets and forecasters are betting on another jumbo interest rate cut from the Bank of Canada on Wednesday, which would bring its key rate down to 3.25 per cent.
Finance minister says government's fiscal update coming Dec. 16

Finance minister says government's fiscal update coming Dec. 16

OTTAWA — Finance Minister Chrystia Freeland will publish the government's fall economic statement on Dec. 16, just before members of Parliament are expected to head home for the holidays.
Canadian Western Bank says legal claim is the reason it delayed earnings release

Canadian Western Bank says legal claim is the reason it delayed earnings release

EDMONTON — CWB Financial Group says a legal claim against one of its subsidiaries is the reason behind the delay of the release of its fourth-quarter and full-year financial results.
Air Canada CEO Michael Rousseau elected chairperson of Star Alliance CEO board

Air Canada CEO Michael Rousseau elected chairperson of Star Alliance CEO board

MONTREAL — The chief executive of Air Canada has been elected as the new chairperson of the Star Alliance chief executive board.
Lundin selling pair of mines in Europe to Boliden AB in deal worth up to US$1.52B

Lundin selling pair of mines in Europe to Boliden AB in deal worth up to US$1.52B

VANCOUVER — Lundin Mining Corp. has signed a deal to sell a pair of mines in Europe to Boliden AB in an agreement valued at up to US$1.52 billion.
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