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CIBC signs deal to be exclusive issuer of Costco Mastercards in Canada
TORONTO — CIBC has signed a deal to acquire the Canadian Costco credit card portfolio and become the exclusive issuer of Costco Mastercards in Canada as part of a push to diversify its card portfolio.
Sep 2, 2021 11:08 AM
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Canadian auto sales fall 11.4% in August due to shortages caused by chip issues
TORONTO — Canadian auto sales continued to struggle last month, falling 11.4 per cent from the prior year, driven by vehicle shortages caused by semiconductor supply issues.
Sep 2, 2021 10:12 AM
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Statistics Canada says country posted $778M trade surplus in July
OTTAWA — Canada's merchandise trade surplus fell to $778 million in July as imports rose more than exports for the month, Statistics Canada said Thursday. The result compared with a revised trade surplus of $2.
Sep 2, 2021 9:04 AM
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Set boundaries and involve the kids in setting your back-to-school budget: experts
OTTAWA — As kids head back to school this fall, household budgets will be tested as the cost of school supplies, new clothes and after-school activities pile up.
Sep 2, 2021 8:05 AM
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Death toll rises after Ida’s remnants hit Northeast
NEW YORK (AP) — The remnants of Hurricane Ida caused “multiple fatalities” in Montgomery County outside Philadelphia, according to county spokesperson Kelly Cofrancisco, in addition to at least nine other fatalities in New York and New Jersey.
Sep 2, 2021 7:36 AM
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Pace of home sales slowed in August, but prices still increasing: Vancouver board
VANCOUVER — The Real Estate Board of Greater Vancouver says the city's home sales have slowed from a frenzied pace earlier this year, but supply has dwindled all summer and prices are continuing to rise.
Sep 2, 2021 7:31 AM
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Pay the same, get less: How 'shrinkflation' masks price increases
As increasing commodity prices, higher shipping fees and labour shortages drive up costs for food manufacturers, experts say reducing the amount of food in a package is a subtle way to adjust for inflation without raising prices.
Sep 2, 2021 2:10 AM
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Weather slows California wildfire, but flames keep moving
SOUTH LAKE TAHOE, Calif.
Sep 1, 2021 10:13 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,689.58, up 106.64 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up 11 cents, or 5.98 per cent, to $1.95 on 12.
Sep 1, 2021 3:12 PM
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S&P/TSX composite starts September in record territory on railway gains
TORONTO — Canada's main stock index started September in record territory as the country's two largest railways pushed the industrials sector to an all-time high. Shares of Canadian Pacific Railways Ltd. and Canadian National Railway Co. rose 5.
Sep 1, 2021 3:02 PM
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