Skip to content

National Business

Canada Post report puts union in tight spot, experts say

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.
Opposition slams Liberals for having no plans to table budget soon

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.
Amazon, worker union before Quebec labour tribunal over warehouse closures

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.
U.S. trade disruption is 'messy' but the turbulence will pass: Nikki Haley

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.
Consortium of Quebec investors to purchase Lion Electric

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.
S&P/TSX composite rises Friday amid strength in industrial stocks, U.S. markets up

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.
'A first step': Crowsnest Pass mayor excited about Northback drilling approval

'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.
Strathcona Resources aims to join oilsands 'doppelgangers' with MEG takeover bid

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.
'Trump factor' could cause gas price volatility this summer, analyst says

'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.
US stocks push closer to their records as Wall Street closes out another winning week

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.