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National Business
National Business
Yukon premier considers limiting ties with Elon Musk in next phase of tariff response
Yukon Premier Ranj Pillai says his government is considering limiting support for companies tied to Elon Musk as part of a potential second phase of action in response to U.S. tariffs. Pillai says in a statement in response to U.S.
Mar 5, 2025 3:16 PM
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Parkland to consider sale, other strategic alternatives after shareholder pressure
CALGARY — Parkland Corp., which has been under pressure from major shareholders to improve its share price, has announced plans to review strategic alternatives, including the possible sale of the company.
Mar 5, 2025 2:57 PM
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Canada advances toxic label for 'forever chemicals,' phased regulation approach
The federal government says it's moving ahead with a plan to label so-called forever chemicals as toxic and expects to begin consultations in two years on further regulating their use in cosmetics, food packaging and other consumer products.
Mar 5, 2025 2:52 PM
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Aecon profits rise but fall short of expectations
TORONTO — Aecon Group Inc. is reporting a quarterly profit boost of 44 per cent year-over-year, but the big earnings increase failed to match analysts' expectations. The construction contractor says income attributable to shareholders rose to $14.
Mar 5, 2025 2:46 PM
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Weak dollar, anger with U.S. expected to give $1.5B boost to Quebec tourism industry
MONTREAL — The weak Canadian dollar and the fast-eroding relationship between the United States and Canada are expected to bring a major boost to Quebec's economy in 2025, says a tourism group.
Mar 5, 2025 2:32 PM
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Quebec's Beauce region, known as a hub for business, upended by U.S. tariffs
MONTREAL — The Beauce region south of Quebec City is known for its entrepreneurial spirit and its proximity — geographically and economically — with the United States.
Mar 5, 2025 2:26 PM
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Trump, tariffs overtake inflation as top concern for Canadians in new poll
OTTAWA — A new poll suggests the trade war with the United States is now the biggest source of political anxiety for Canadians, knocking inflation out of the top spot.
Mar 5, 2025 2:02 PM
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Linamar reports $232 million Q4 loss on impairment related to Europe
GUELPH, Ont. — Auto parts manufacturer Linamar Corp., facing heightened risk from U.S. tariffs., says it swung to a loss last quarter from a writedown on its European operations. The Guelph, Ont.-based manufacturer says it lost $232.
Mar 5, 2025 1:53 PM
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B.C. finance minister describes Tuesday's budget as nothing 'splashy and new'
VICTORIA — British Columbia cannot continue to accumulate debt and will "be in trouble" if the province doesn't work toward a balanced budget, its finance minister told a group of business people the day after forecasting another record deficit.
Mar 5, 2025 1:52 PM
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S&P/TSX composite climbs, U.S. markets rise after news of auto sector tariff delay
TORONTO — Canada's main stock index rose Wednesday, led by base metals, industrials and technology, while U.S. markets also gained in the afternoon after news that automakers will get a month-long tariff exemption, one day after the U.S.
Mar 5, 2025 1:37 PM
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