National Business

The number of Americans applying for unemployment benefits last week jumped by the most in five months, but layoffs remain historically low as the labor market continues to be largely unaffected by the Federal Reserve's interest rate hikes.

TORONTO — TikTok is experiencing the fastest rate of growth among Canadians, but is also the least trusted social media platform in the country, a new report said.

Indigo says the data leak that affected current and former employees of the bookstore chain included information on medical leaves and immigration applications, as well as other sensitive information not included when the company initially disclosed

TORONTO — Canada’s national telecommunications regulator is lowering some wholesale internet rates by 10 per cent as it launches a review aimed at bolstering competition and lowering consumer costs.

MONTREAL — WSP Global says it earned $120 million in the fourth quarter of 2022, down 5.3 per cent from the same quarter a year earlier. That's despite the Montreal-based consultancy company reporting revenues grew 23.2 per centto $3.

TORONTO — Some Tim Hortons customers who were told they had won $10,000 from the coffee chain's popular Roll Up To Win contest are now being notified that the prize message was a glitch.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,346.53, up 70.99): Suncor Energy Inc. (TSX:SU). Energy. Unchanged at $47.06 on 19.7 million shares. Great-West Lifeco Inc.

TORONTO — The value of the loonie hit a four-month low compared with the U.S. dollar on Wednesday, but some experts say Canadian consumers shouldn't expect their wallets to take a major hit.

TORONTO — Canada's main stock index edged upward Wednesday after falling more than one per cent the day before, while U.S. markets were mixed. The S&P/TSX composite index was up 70.99 points at 20,346.53.

CALGARY — A U.S. regulator has ordered TC Energy Corp. to lower the operating pressure on the entire Keystone pipeline system.