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National Business
National Business
Canada Post report puts union in tight spot, experts say
OTTAWA — A consequential report on Canada Post largely backs the Crown corporation's story about its flagging business, experts say, and bodes poorly for the union attempting to negotiate a better deal for the postal service's workers.
May 16, 2025 4:02 PM
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Opposition slams Liberals for having no plans to table budget soon
OTTAWA — Opposition parties attacked Prime Minister Mark Carney Wednesday for being vague about his plans after his government said it would not table a federal budget before the House of Commons rises for the summer.
May 16, 2025 3:33 PM
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Amazon, worker union before Quebec labour tribunal over warehouse closures
MONTREAL — A Quebec labour tribunal has begun hearing a case against Amazon over the e-commerce giant's closure in January of seven warehouses in the province.
May 16, 2025 3:25 PM
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U.S. trade disruption is 'messy' but the turbulence will pass: Nikki Haley
OTTAWA — Canada and other countries should not give up on doing business with the United States, former South Carolina governor Nikki Haley said Friday at the B7 summit conference in Ottawa. Haley, U.S.
May 16, 2025 2:33 PM
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Consortium of Quebec investors to purchase Lion Electric
MONTREAL — A group of Quebec investors has reached a deal to acquire and relaunch Lion Electric, offering a second chance to the struggling vehicle-maker. The St-Jérôme, Que.
May 16, 2025 2:05 PM
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S&P/TSX composite rises Friday amid strength in industrial stocks, U.S. markets up
TORONTO — Canada's main stock index rose in Friday trading amid strength in industrial and financial stocks, while U.S. markets also gained. The S&P/TSX composite index was up 74.45 points at 25,971.93.
May 16, 2025 1:45 PM
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'A first step': Crowsnest Pass mayor excited about Northback drilling approval
CALGARY — The mayor of Crowsnest Pass in southwestern Alberta says the Alberta Energy Regulator's approval of a controversial coal exploration project on the eastern slopes of the Rocky Mountains is long overdue. "I think they finally woke up.
May 16, 2025 1:40 PM
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Strathcona Resources aims to join oilsands 'doppelgangers' with MEG takeover bid
CALGARY — The executive chairman of Strathcona Resources Ltd. says his company aims to join two complementary oilsands players with its unsolicited takeover bid for MEG Energy Corp., but one analyst calls the $5.
May 16, 2025 1:38 PM
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'Trump factor' could cause gas price volatility this summer, analyst says
CALGARY — The May long weekend is when gasoline prices tend to start levelling off ahead of the high-demand summer driving season.
May 16, 2025 1:23 PM
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US stocks push closer to their records as Wall Street closes out another winning week
NEW YORK (AP) — U.S. stocks closed out another strong week on a positive note. The S&P 500 rose 0.7% Friday, its fifth gain in a row and bringing its gain for the week to 5.3%. It was the third week of solid gains in the last four.
May 16, 2025 1:05 PM
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