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National Business
National Business
Canadian North to be purchased by Exchange Income Corp.
WINNIPEG — Exchange Income Corp. has entered into an agreement to buy Canadian North. The northern airline is set to be purchased for $205 million.
Feb 24, 2025 4:08 PM
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Spin Master earns US$21.1 million in fourth quarter as revenues rise
TORONTO — Spin Master Corp. says it earned US$21.1 million in the fourth quarter. That's up from a loss of US$30.1 million a year earlier. Revenues for the toy and entertainment company totalled US$649.1 million, up from US$502.
Feb 24, 2025 3:02 PM
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Alberta government to spend $180M for involuntary addiction treatment centres
CALGARY — Alberta Premier Danielle Smith says her government plans to spend $180 million over three years to build two involuntary drug addiction treatment centres.
Feb 24, 2025 2:56 PM
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First Nations must not be forgotten amid Trump threats, outgoing Chief Picard says
MONTREAL — Indigenous people risk being pushed aside as Canada looks to defend itself against a possible trade war with the United States, says an outgoing regional chief of the Assembly of First Nations.
Feb 24, 2025 2:50 PM
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Trump says he's moving forward with tariffs on Canada and Mexico next week
WASHINGTON — Foreign Affairs Minister Mélanie Joly said Monday that Canada needs to send the message it will "fight back" after U.S. President Donald Trump said steep tariffs on Canadian and Mexican products are indeed coming next week.
Feb 24, 2025 2:48 PM
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Musqueam and Feds make deal to share Vancouver airport lease revenue
VANCOUVER — The Musqueam Indian Band has signed an agreement with the federal government to share ground lease revenue from the Vancouver International Airport.
Feb 24, 2025 2:48 PM
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TFI International says it won't move to U.S. after shareholders object
MONTREAL — TFI International Inc. says it's going to stay a Canadian corporation instead of moving to the U.S. as previously announced. The company announced last week it would relocate its legal headquarters south of the border to boost U.S.
Feb 24, 2025 2:22 PM
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Lion Electric shareholders file class action against struggling bus manufacturer
MONTREAL — Quebec-based electric-vehicle manufacturer Lion Electric Co. is facing a class-action lawsuit from shareholders who allege the company misled investors and misrepresented its financial health, leading to artificially inflated stock prices.
Feb 24, 2025 2:05 PM
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S&P/TSX composite edges higher Monday, U.S. stocks mixed as Nasdaq falls
TORONTO — Canada's main stock index edged higher Monday as gains in the telecom sector helped offset losses in energy and industrials, while U.S. stock markets were mixed and the Nasdaq lost 1.2 per cent.
Feb 24, 2025 1:44 PM
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Irving Paper closing half of operations over N.B.'s 'uncompetitive' electricity rates
SAINT JOHN, N.B. — Irving Paper Ltd. announced Monday it is shutting down half of its operations, blaming what it called "uncompetitive" industrial electricity rates in New Brunswick.
Feb 24, 2025 1:25 PM
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