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S&P/TSX composite closes up more than 200 points, U.S. markets also higher
TORONTO — Canada's main stock index closed higher Friday, though not as much as U.S. markets which got a boost from a positive jobs report.
May 2, 2025 2:56 PM
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Wall Street extends its gains to a 9th straight day, reclaiming losses since tariff escalation
Wall Street extended its gains to a ninth straight day Friday, marking the stock market’s longest winning streak since 2004 and reclaiming the ground it lost since President Donald Trump escalated his trade war in early April.
May 2, 2025 2:47 PM
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Trump administration asks Supreme Court to let DOGE access Social Security systems
WASHINGTON (AP) — The Trump administration asked the Supreme Court on Friday to clear the way for Elon Musk ’s Department of Government Efficiency to access Social Security systems containing personal data on millions of Americans.
May 2, 2025 2:42 PM
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Hudson's Bay facing more pressure to keep Indigenous items off auction block
The Congress of Aboriginal Peoples is joining Indigenous organizations in calling for Hudson's Bay to keep artifacts and sacred items off the auction block.
May 2, 2025 2:06 PM
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N.L. premier leaves office on waves of praise, worry about legacy Quebec energy deal
ST. JOHN'S — If all goes to plan, many in Newfoundland and Labrador will likely remember outgoing premier Andrew Furey for ending a decades-old lopsided energy deal with Quebec, according to his inbox.
May 2, 2025 12:46 PM
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Imperial says frigid weather crimped Kearl oilsands mine output in Q1
CALGARY — Imperial Oil Ltd. said frigid weather was to blame for reduced output at its Kearl oilsands mine in northeastern Alberta during the first quarter, but that it's since recovered to deliver strong April production.
May 2, 2025 11:08 AM
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Auto parts tariff exemption provides "certainty and relief," says Magna
TORONTO — The head of Magna International Inc. is cheering a tariff exemption for automobile parts compliant with the Canada-U.S.-Mexico Agreement. The U.S.
May 2, 2025 10:11 AM
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Shopify developers lose annual revenue share break as program moves to lifetime model
Shopify Inc. is changing a revenue share exemption it launched in the COVID-19 pandemic to help small developers.
May 2, 2025 9:32 AM
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Employers added a surprising 177,000 jobs as job market shows resilience. Unemployment stays at 4.2%
WASHINGTON (AP) — American employers added a surprising 177,000 jobs in April as the job market showed resilience in the face of President Donald Trump's trade wars .
May 2, 2025 8:48 AM
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Tax return got flagged for a review? Don't panic, experts say
Finding out your tax return is under review — especially after you've already spent your expected refund — can be unnerving. But it's far less serious and more common than you think, tax experts say.
May 2, 2025 8:27 AM
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