Canadian home sales fall for 3rd month in row, CREA says

Home sales across the country fell for a third consecutive month in November, as two of what had been the hottest markets, the Greater Toronto Area and the Greater Vancouver Area, reported lower activity. The Canadian Real Estate Association said national home sales through its multiple listing service system dropped by 2.3 per cent last month […]

Canadian Chamber of Commerce solidly backs carbon pricing

The Canadian Chamber of Commerce says the business community in Canada is solidly backing carbon pricing as the way for it to “play its part in the fight against climate change” — and it wants governments to stop playing politics and waffling about it. The group, which bills itself as “the voice of Canadian business” and […]

Canada abetting Washington’s ‘new Cold War’ with Huawei arrest, says economist

The arrest of a Chinese tech executive is yet another example that the U.S. is creating “a new Cold War” in international trade, says economist Jeffrey Sachs, who adds that Canada is abetting its southern neighbour. Canadian officials arrested Meng Wanzhou, the chief financial officer of the Chinese telecommunications firm Huawei, in Vancouver on an extradition […]

Regulator halts fracking operations in northeastern B.C. while investigating earthquakes

The B.C. Oil and Gas Commission has shut down oilfield fracking operations for at least 30 days in northeastern British Columbia while it investigates earthquakes that occurred there on Nov. 29. The regulator says the seismic events, which measured between 3.4 and 4.5 magnitude, took place near hydraulic fracturing operations being conducted about 20 kilometres southeast of Fort St. […]

Sask. construction industry loses 14,000 jobs over 3 years, association says

Trevor Stein’s company spent nearly a year wiring new apartment complexes in Saskatoon’s Stonebridge neighbourhood. After Stein invoiced the owner, Block 1, for more than a million dollars for wages and materials, he learned the British Columbia real estate company was seeking creditor protection. The company never did pay him or a number of other local […]

Investor pressure drives Royal Dutch Shell to take action on climate change

Welcome to The National Today newsletter, which takes a closer look at what’s happening around some of the day’s most notable stories. Sign up here and it will be delivered directly to your inbox Monday to Friday. TODAY: Royal Dutch Shell becomes first energy giant to set short-term greenhouse gas reduction targets, linking them to executive pay. The western Hudson […]

BC Hydro puts out welcome mat for bitcoin miners, but experts urge caution

In the last year, cryptocurrency firms have talked about adding as much as 5,000 megawatts to BC Hydro’s electrical load. That’s about 40 per cent of the power it currently generates, and four times the maximum capacity of the yet-to-be-completed Site C dam. Just a tiny fraction of that business has materialized so far, but […]

U.S., China declare 90-day ceasefire on new tariffs: White House

China and the United States have agreed to halt additional tariffs as both nations engage in new trade negotiations with the goal of reaching an agreement within 90 days, the White House said on Saturday after U.S. President Donald Trump and Chinese President Xi Jinping held high-stakes talks in Argentina. Trump agreed not to boost […]

Why many Canadians don’t love self-checkout

Brendan Best says self-checkout isn’t worth his time because something often goes wrong, forcing him to seek out assistance. “I would not like to have that type of hassle, so I try to go through cashier lines,” said Best, who lives in Halifax. “There’s nothing in it for me.” A new grocery shopping study out of Dalhousie […]