Recent Business Headlines

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at 18:20 on May 30, 2016, EDT.

Transcontinental sells all assets in Saskatchewan, lays off 65 employees

MONTREAL - Transcontinental is selling all of its assets in Saskatchewan, including 13 newspapers, and laying off 65 employees in the latest sign of the ongoing troubles that have beset some of Canada's largest media empires.

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at 18:01 on May 30, 2016, EDT.

Former Nalcor head says province approved controversial $1.4 million severance

ST. JOHN'S, N.L. - Growing controversy around severance for the ex-CEO of Newfoundland and Labrador's Crown energy corporation erupted Monday as he flatly denied Premier Dwight Ball's explanation of the $1.4-million payment.

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at 17:10 on May 30, 2016, EDT.

TSX lower amid mixed commodity prices; New York markets closed for Memorial Day

TORONTO - There was little change in the Toronto stock market Monday amid low trading volumes and no guidance from U.S. markets, which were shut for the Memorial Day holiday.

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at 17:00 on May 30, 2016, EDT.

Finance minister says feds not considering extended EI for any more regions

OTTAWA - Finance Minister Bill Morneau says the federal government isn't going to provided extended EI benefits to any more regions of the country, even those that are the on cusp of meeting government requirements for the extra help.

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at 16:39 on May 30, 2016, EDT.

Most actively traded companies on the TSX

Some of the most active companies traded Monday on the Toronto Stock Exchange:

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at 16:24 on May 30, 2016, EDT.

Canada slips to 10th place in IMD competitiveness ranking, worst in years

OTTAWA - A plunge in commodity prices hurt Canada as it fell to 10th place in the latest rankings of business competitiveness by the IMD World Competitiveness Center, its worst position in several years.

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at 15:34 on May 30, 2016, EDT.

Use regional environmental assessment for northern B.C. projects: report

VANCOUVER - Two British Columbia groups anticipating a nationwide review of environmental assessment processes hope a new report will encourage the federal government to strengthen laws involving resource projects.

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at 13:27 on May 30, 2016, EDT.

Mutual funds must now provide key information before investors buy funds

TORONTO - A new safeguard is now in place to help protect mutual fund investors.

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at 12:15 on May 30, 2016, EDT.

Students seeking sugar daddies for tuition, rent

Candice Kashani graduated from law school debt-free this spring, thanks to a modern twist on an age-old arrangement.

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at 10:10 on May 30, 2016, EDT.

Statistics Canada says 69 per cent were dual-income households in 2015

OTTAWA - A report by Statistics Canada says the percentage of dual-income Canadian families with children has nearly doubled over the last 40 years.

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at 09:37 on May 30, 2016, EDT.

Intertain delays shareholder meeting by three months to complete review

TORONTO - The Intertain Group Ltd. (TSX:IT) is postponing its annual meeting by three months to give its directors more time to complete a review of the online gaming company's strategic options.

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Content Provided By Canadian Press.