51°µÍø

Skip to content

National Business

S&P/TSX composite up more than 250 points, U.S. stocks rise for third day

S&P/TSX composite up more than 250 points, U.S. stocks rise for third day

TORONTO — Canada's main stock index rose more than 250 points in a broad-based rally led by base metals, while U.S. stock markets also climbed to close out a third straight day of gains. The S&P/TSX composite index closed up 254.
Grand chief requests halt to auction of Hudson's Bay items linked to First Nations

Grand chief requests halt to auction of Hudson's Bay items linked to First Nations

Even as Hudson's Bay was granted court permission to auction off 1,700 pieces of art and more than 2,700 artifacts, the Assembly of Manitoba Chiefs is requesting a halt to the sale of items that may belong to or be linked with First Nations people.
Dow delays construction of $9 billion net zero Alberta project

Dow delays construction of $9 billion net zero Alberta project

FT SASKATCHEWAN — Dow Inc. says it is delaying construction of a nearly $9 billion net-zero petrochemical project northeast of Edmonton because of expected weak market conditions.
Trade war puts the brakes on TFI trucking expansion plans, as cargo volume sags

Trade war puts the brakes on TFI trucking expansion plans, as cargo volume sags

MONTREAL — Tariff angst has forced TFI International Inc. to back off big acquisitions as the trucking industry confronts lower cargo volumes, its CEO said Thursday.
March home sales slowed in a lethargic opening to the spring buying season

March home sales slowed in a lethargic opening to the spring buying season

Sales of previously occupied U.S. homes slowed in March, a lackluster start to the spring homebuying season as elevated mortgage rates and rising prices discouraged home shoppers. Existing home sales fell 5.
Manitoba regulator approves natural gas rate hike, cites market conditions

Manitoba regulator approves natural gas rate hike, cites market conditions

WINNIPEG — Manitoba's energy regulator has approved higher natural gas prices. The Public Utilities Board says rates for a typical residential customer will rise 12.4 per cent, or about $73 a year, starting May 1.
China denies any suggestion it is currently in talks with the US over tariffs

China denies any suggestion it is currently in talks with the US over tariffs

BANGKOK (AP) — China on Thursday denied any suggestion that it was in active negotiations with the administration of U.S.
Empire CEO Michael Medline to retire in May 2026

Empire CEO Michael Medline to retire in May 2026

STELLARTON — Empire Co. Ltd. says chief executive Michael Medline plans to retire from the company in May 2026.
Whitecap reports higher Q1 earnings as it works to close $15B Veren deal

Whitecap reports higher Q1 earnings as it works to close $15B Veren deal

CALGARY — Whitecap Resources Inc., weeks away from closing a $15-billion combination with fellow western Canadian oil and gas producer Veren Inc., has reported a jump in first-quarter profits, revenues and production.
Teck CEO foresees higher copper, zinc demand amid global economic uncertainty

Teck CEO foresees higher copper, zinc demand amid global economic uncertainty

The chief executive of mining giant Teck Resources Ltd. says the threat of a global economic downturn may be looming, but he's expecting the volatility to drive up demand for the copper and zinc it produces.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks