today’s business news headlines

Canadian economy steady in April as real GDP remains unchanged – Business News

Economy holds steady The Canadian Press – Jun 30, 2023 / 6:27 am | Stories: 434570 Photo: The Canadian Press Statistics Canada says the Canadian economy remained essentially unchanged in April, following a slight uptick in March. The federal agency’s advance estimate suggests real gross domestic product grew 0.4 per cent in May, led by […]

It’s Your Business has Melissa Brunner, Laura Stephenson, Danny Wade and Beth O’Neill

Promotions Melissa Brunner WIBW-TV general manager Roger Brokke has promoted veteran anchor/reporter Melissa Brunner to the news director position. Brunner succeeds Jon Janes, who retired after 24 years leading the 13 NEWS team and 51 years in journalism. She will continue to host Eye on Northeast Kansas and co-anchor 13 NEWS at 6 pm alongside […]

Saskatchewan among the world’s top 3 regions for mining investment

Breadcrumb Trail Links News Executive Summary Executives Three provinces make the top 10, according to Fraser Institute Published May 05, 2023 • Last updated 21 hours ago • 4 minute read An employee of Sayona Quebec in front of a lithium deposit at the company’s North American Lithium Complex in La Corne, central Quebec. Photo […]

Bank of Canada may hike rates further if inflation gets stuck above 2%

Article content Last month the Bank of Canada left its key overnight interest rate on hold at 4.5 per cent but said rates may need to stay high for a while because of wage pressure in a tight labor market and sticky service prices. Article content The bank’s baseline scenario sees the labor market softening […]

Teck still plans business separation – Business News

Photo: Teck Resources. Back to the drawing board on the separation plan, Teck CEO Jonathan Price. Teck Resources (TSX,NYSE:TECK.B) will proceed with a vote on phasing out its dual class structure, but canceled today’s planned vote on a plan to separate into two companies. In a first quarter earning call today, Teck CEO Jonathan Price […]

Frustration, anticipation mark industry response to budget’s flight delay fixes – Business News

Photo: The Canadian Press The federal government has air travel on its radar after laying out plans in its budget to speed up airport security screening and reduce flight delays, but industry and advocates remain skeptical. Tabled Tuesday by the Liberals following a year of turmoil travel, the budget promises $1.8 billion over five years […]

Banks are in turmoil. Here’s how Canadians might be affected

All eyes are on the global banking sector after a sudden turmoil brought down or threatened a handful of US banks and one major European bank this month. The collapse of Silicon Valley Bank (SVB), followed by the near death of two other regional institutions — First Republic and Signature Bank — left market-watchers jittery […]

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