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Miners set to reap rewards of high gold prices but remain cautious on spending

Miners set to reap rewards of high gold prices but remain cautious on spending

TORONTO — Record gold prices are translating into higher profits for Canadian producers and excitement about the potential for more growth, though miners remain cautious on spending. Agnico Eagle Mines Ltd.
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Ottawa posts $19.3-billion deficit for April-to-February period of 2024-25

Ottawa posts $19.3-billion deficit for April-to-February period of 2024-25

OTTAWA — The federal government posted a budgetary deficit of $19.3 billion for the April-to-February period of its 2024-25 fiscal year. The result compared with a deficit of $17.3 billion reported for the same period of 2023-24.
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Statistics Canada says retail sales fell 0.4 per cent to $69.3B in February

Statistics Canada says retail sales fell 0.4 per cent to $69.3B in February

OTTAWA — Retail sales dropped 0.4 per cent to $69.3 billion in February as sales fell at new car dealers, Statistics Canada said Friday. However, the agency said its early estimate for March suggested an increase of 0.
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7-Eleven's soon-to-be chief is confident he knows value, and thrifty customers

7-Eleven's soon-to-be chief is confident he knows value, and thrifty customers

TOKYO (AP) — The first foreigner tapped to head 7-Eleven expressed confidence Friday the Japanese convenience store chain will continue to attract thrifty customers, even in an economic slowdown.
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New Brunswick, Newfoundland and Labrador sign agreement to knock down trade barriers

New Brunswick, Newfoundland and Labrador sign agreement to knock down trade barriers

ST. JOHN'S — New Brunswick and Newfoundland and Labrador are the latest provinces to pledge to work together and knock down trade barriers as Canada faces economic threats from U.S. President Donald Trump.
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Precision Drilling trims 2025 capital budget amid market uncertainty

Precision Drilling trims 2025 capital budget amid market uncertainty

CALGARY — Precision Drilling is trimming its planned 2025 capital spending due to market uncertainty and a possible dip in demand from the oil and gas producers that contract its rigs.
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Wall Street's rally roars into a 3rd day as companies' profits keep piling up, for now at least

Wall Street's rally roars into a 3rd day as companies' profits keep piling up, for now at least

NEW YORK (AP) — Wall Street’s rally kept rolling Thursday as better-than-expected profits for U.S. companies piled up, though CEOs said they’re unsure whether it will last because of uncertainty created by President Donald Trump’s trade war.
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Hudson's Bay auction of items including 1670 royal charter can go ahead, judge rules

Hudson's Bay auction of items including 1670 royal charter can go ahead, judge rules

TORONTO — Hudson's Bay can now prepare to auction off 4,400 artifacts and art pieces along with the 355-year-old royal charter that launched the now-ailing company.
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Man, 30, shot dead by police at Toronto's Pearson Airport: SIU

Man, 30, shot dead by police at Toronto's Pearson Airport: SIU

TORONTO — A 30-year-old man was shot dead by police outside Toronto's Pearson Airport on Thursday morning, officials said, describing it as an isolated incident that did not target the airport itself.
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S&P/TSX composite up more than 250 points, U.S. stocks rise for third day

S&P/TSX composite up more than 250 points, U.S. stocks rise for third day

TORONTO — Canada's main stock index rose more than 250 points in a broad-based rally led by base metals, while U.S. stock markets also climbed to close out a third straight day of gains. The S&P/TSX composite index closed up 254.
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