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S&P/TSX up almost 200 points, U.S. stock markets also rise to end rocky week

S&P/TSX up almost 200 points, U.S. stock markets also rise to end rocky week

TORONTO — Canada's main stock index gained almost 200 points Friday as markets broadly rose to end a rocky trading week, with the main U.S. indexes each gaining more than one per cent. The S&P/TSX composite index closed up 185.
'Definitely busier': Retailers, restaurants see spending boost amid tax holiday

'Definitely busier': Retailers, restaurants see spending boost amid tax holiday

An RBC Economics report on Thursday showed retail spending slowed in November, with holiday spending slightly below 2023 levels over the Black Friday weekend.
Netflix signs US broadcast deal with FIFA for the Women's World Cup in 2027 and 2031

Netflix signs US broadcast deal with FIFA for the Women's World Cup in 2027 and 2031

GENEVA (AP) — Netflix has secured the U.S. broadcasting rights to the Women’s World Cup in 2027 and 2031 as the streaming giant continues its push into live sports.
National Bank gets final approval for Canadian Western Bank takeover

National Bank gets final approval for Canadian Western Bank takeover

National Bank of Canada's $5-billion takeover of Canadian Western Bank has cleared its final regulatory hurdle.
'Kim's Convenience' to return to Toronto stage

'Kim's Convenience' to return to Toronto stage

TORONTO — "Kim's Convenience" is returning to a Toronto stage. The play that spawned the hit CBC TV series will return to Toronto's Soulpepper Theatre at the end of January, nearly 15 years after its debut.
Stock market today: Wall Street rises to turn a dismal week into just a bad one

Stock market today: Wall Street rises to turn a dismal week into just a bad one

NEW YORK (AP) — U.S. stocks rose to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The S&P 500 rallied 1.1% Friday to shave its loss for the week down to 2%.
Canadian carbon removal company scores US$40M grant from fund backed by Bill Gates

Canadian carbon removal company scores US$40M grant from fund backed by Bill Gates

A Canadian company that has received a US$40-million grant from Bill Gates' climate solutions venture firm says its Alberta test site will be removing carbon directly from the atmosphere as early as this spring.
CPA Canada split from Ontario, Quebec groups becomes official

CPA Canada split from Ontario, Quebec groups becomes official

The organizations representing chartered professional accountants in Quebec and Ontario are officially split from CPA Canada.
White House starts scrapping pending regulations on transgender athletes and student debt

White House starts scrapping pending regulations on transgender athletes and student debt

WASHINGTON (AP) — President Joe Biden is abandoning his efforts to provide some protections for transgender student athletes and cancel student loans for more than 38 million Americans, the first steps in an administration-wide plan to jettison pendi
Home affordability improves, but still challenging for many Canadians: RBC report

Home affordability improves, but still challenging for many Canadians: RBC report

TORONTO — Home affordability in Canada is improving, according to a new RBC Economics report, but strains remain. The report, released Friday, said home ownership costs in Canada have eased for three consecutive quarters.
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