National Business

The last trading day of the year saw Canada’s main stock index nudge up, rounding out a climb of nearly eight per cent throughout 2023 as investors drew confidence from projections of interest rate cuts to come.

MONTREAL — With Christmas and Boxing Day in the rear-view mirror, consumers have one event left this year to mull how much they're willing to spend on: New Year's Eve.

Boeing is asking airlines to inspect its 737 Max jets for a potential loose bolt in the rudder control system, the airplane maker and Federal Aviation Administration confirmed this week.

Michael Laroche replaced his Ford F-150 pickup truck with its electric twin, the F-150 Lightning, about a year-and-a-half ago. A Sherbrooke, Que.

BRAMPTON, Ont. — Loblaw Cos. Ltd. and parent company George Weston Ltd. say they have both entered into automatic share purchase plans with brokers.

The federal government approved RBC’s $13.5-billion takeover of HSBC Canada in the waning days of 2023, despite concerns from critics that it will stifle competition.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: The Toronto Stock Exchange (20,929.38, down by 86.53 points): TC Energy Corporation (TSX:TRP). Energy. Down $1.58, or 2.96 per cent, to $51.81 on 16.

Canada's main stock index retreated slightly on Thursday after hitting a 20-month high the day before, while a pair of reports held back growth in U.S. markets as well as north of the border. The S&P/TSX composite index fell 86.

VANCOUVER — The Canadian Investment Regulatory Organization says it has accepted a settlement with sanctions against Canaccord Genuity Corp. related to trading supervision. The regulator says the Canaccord Genuity Group Inc.

NEW YORK (AP) — The signs of life shown by the IPO market, especially in the second half of the year, are giving analysts hope that more companies will be enticed to go public in 2024.