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National Business
National Business
Intact launches wildfire damage protection pilot ahead of elevated-risk season
TORONTO — Intact Financial Corp. says it has launched a pilot program to reduce wildfire damage to customers' homes in Western Canada as another season of elevated fire risk approaches.
May 7, 2024 8:36 AM
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Disney's streaming business turns a profit in first financial report since challenge to Iger
The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit.
May 7, 2024 8:19 AM
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Unionized workers rejecting more deals as fight for wage gains presses on
Union workers are feeling increasingly emboldened to reject tentative agreements as they fight to join the ranks of those benefiting from the recent wave of wage gains, experts say.
May 7, 2024 8:11 AM
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Crescent Point Energy selling $600M of assets to Saturn Oil & Gas
CALGARY — Crescent Point Energy Corp. says it has signed a $600-million deal to sell some of its oil-producing properties in Saskatchewan to Saturn Oil & Gas. The company says included in the deal are its Flat Lake and Battrum properties.
May 7, 2024 7:38 AM
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Ballard Power Systems Q1 loss grows from year ago, revenue up 9%
VANCOUVER — Ballard Power Systems saw its first-quarter loss deepen compared with a year ago as its revenue rose nine per cent. The Vancouver-based fuel cell maker, which keeps its books in U.S.
May 7, 2024 7:16 AM
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How to overcome 'savings guilt' when you're living paycheque to paycheque
As the higher cost of living continues to squeeze household budgets, many Canadians find they have even less left over at the end of every month to squirrel away for the future.
May 7, 2024 7:00 AM
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Stock market today: Wall Street holds steady as earnings reports wind down
NEW YORK (AP) — U.S. stocks are holding relatively steady as trading on Wall Street calms following some sharp recent swings. The S&P 500 was up 0.2% in early trading Tuesday, coming off a strong three-day winning streak.
May 7, 2024 6:38 AM
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George Weston reports Q1 profit down on Choice REIT charges, raises dividend
TORONTO — George Weston Ltd. raised its quarterly dividend as it reported its first-quarter profit fell compared with year ago as it was hit by one-time charges related to its large stake in Choice Properties Real Estate Investment Trust.
May 7, 2024 5:57 AM
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Pet Valu reports $17.5M Q1 profit, revenue up four per cent from year earlier
MARKHAM, Ont. — Pet Valu Holdings Ltd. reported a first-quarter profit of $17.5 million, down from $18.7 million a year earlier, as its revenue rose four per cent.
May 7, 2024 5:11 AM
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Hudson's Bay to close only store in Saskatchewan's capital in April 2025
REGINA — Hudson's Bay Company is pulling out of Regina, announcing it will close its only department store in Saskatchewan's capital city next year.
May 6, 2024 7:04 PM
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