Business

A postal worker walks past Canada Post trucks at a sorting centre in Montreal on July 8, 2016. (The Canadian Press / Ryan Remiorz)

Tim Hortons Names New President, Postal Workers Strike Deadline Approaching

By The Canadian Press
August 24, 2016 - 3:55pm

Lower commodity prices weighed on the Toronto stock market, pulling it down more than 100 points at the close.

The Toronto Stock Exchange's S*P/TSX composite index fell by nearly one per cent, or 138.53 points to 14,626.24.

A man interrupts Canada Post CFO Wayne Cheeseman during a question period at Canada Post's annual public meeting on Friday, Aug.19, 2016 in Ottawa. (Justin Tang/Canadian Press)

Frustrations Conclude Canada Post Meeting, Core Inflation Stays Put

By The Canadian Press
August 19, 2016 - 2:49pm

Major North American indexes, the loonie and most commodities closed in the red today.

Toronto's S*P/TSX index was down 8.22 points at 14,687.46.

Workers pile logs at a softwood lumber sawmill on Nov. 14, 2008 in Saguenay, Que. (The Canadian Press / Jacques Boissinot)

Dollar, Oil Flying High Momentarily, Softwood Lumber Talks Face Fall Deadline

By The Canadian Press
August 18, 2016 - 3:02pm

The Canadian dollar has rallied more than half a cent as oil prices extended gains for a sixth straight day.

The loonie advanced 0.55 of a cent to 78.33 cents U-S as the American dollar continued to weaken amid uncertainty over when the U-S Federal Reserve will raise interest rates.

Richardson canola processing plant in Lethbridge. (Richardson International)

Loonie Flat, Lethbridge Canola Plant To Be Upgraded

By The Canadian Press
August 17, 2016 - 3:47pm

North American stock markets were little changed as the U-S Federal Reserve hinted that economic conditions may soon be strong enough to support a rate hike.

The S*P/TSX composite index in Toronto shed 5.84 points to 14,697.60, with gold and materials stocks being the biggest weights.

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