National Business

INGERSOLL — Bob Pulham recalls the optimism in the air when General Motors began producing electric vans in Ingersoll, Ont., in late 2022.

Toronto police say 11 people face more than 100 criminal charges after an investigation into a taxi scam targeting unsuspecting victims in the city.

TORONTO — Logistics software company Descartes Systems Group says it has acquired PackageRoute for about US$2 million.

What does it matter if I'm going to be dead anyway? It's a comment sometimes heard by Julia Chung, an advice-only financial planner at Spring Planning in Vancouver. Her retort: "It isn't about you. It's about the people that you leave behind.

TORONTO — BMO Financial Group has signed a deal to buy Burgundy Asset Management Ltd. for $625 million in shares. Burgundy provides discretionary investment management for private clients, foundations, endowments, pensions and family offices.

LONDON (AP) — The Bank of England kept its main interest rate at the two-year low of 4.25% on Thursday as fears grow that the conflict between Israel and Iran will escalate.

TORONTO — A new report suggests Canadian renters continue to face affordability challenges even as asking rent prices have fallen this year, while those considering the leap to home ownership are taking a wait-and-see approach.

OTTAWA — Running roughshod over the environment. Spawning the next Idle No More movement. Picking economic winners and losers. Prime Minister Mark Carney’s Building Canada Act is anything if not a magnet for criticism.

CALGARY — Law enforcement officials overseeing security at the G7 leaders’ summit said Wednesday no arrests were made during the three-day event, except for one rogue pilot who forced officials to scramble CF-18 Hornet fighter jets.

REGINA — Saskatchewan's government is planning to extend the life of the province's coal plants before moving to nuclear power generation, says a letter from the Crown Investments Corporation Minister.