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National Business
Wall Street climbs in choppy trading after Fed warns of rising risks for economy, holds rates steady
NEW YORK (AP) — U.S. stocks ended a choppy day higher after the Federal Reserve left its main interest rate alone, as was widely expected, but also warned about rising risks for the U.S. economy. The S&P 500 rose 0.4% Wednesday.
May 7, 2025 1:10 PM
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Baby eel fisher calls for enforcement against illegal harvesting on N.S. river
HALIFAX — A licensed baby eel fisher says he's been sending evidence to the federal Fisheries Department of illegal fishing on a Nova Scotia river, but he says Ottawa is not acting.
May 7, 2025 12:56 PM
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CEOs call on Carney to 'take action' to support domestic energy sector
OTTAWA — Canada's energy CEOs are calling on Prime Minister Mark Carney to scrap the emissions cap on oil and gas producers and repeal industrial carbon pricing to help bolster the industry.
May 7, 2025 12:29 PM
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Power utility TransAlta expects Alberta data centre deal this year
CALGARY — Power producer TransAlta Corp. is hoping to sign agreements this year with prospective Alberta data centre partners that would draw on natural gas-fired electricity it generates in the province.
May 7, 2025 12:28 PM
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Hudson's Bay insiders not bidding on business, assets or leases: court documents
TORONTO — The executives that led Canada’s oldest company to its recent collapse won’t be handed the reins of Hudson’s Bay as part of its restructuring process, new court documents indicate.
May 7, 2025 11:40 AM
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Disney to build its 7th theme park, this one in the United Arab Emirates
Disney will build its seventh theme park, this one in the United Arab Emirates, the entertainment company said Wednesday.
May 7, 2025 10:39 AM
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Heavy lifting begins as Suncor starts refurbishing decades-old upgrader components
CALGARY — Oilsands giant Suncor Energy Inc. has begun a three-month outage at one of its upgraders so it can begin to replace enormous components first installed almost six decades ago.
May 7, 2025 10:20 AM
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U.S. Ambassador Pete Hoekstra to make first official appearance at business summit
OTTAWA — U.S. Ambassador to Canada Pete Hoekstra will make his first official appearance in the role at the B7 Summit in Ottawa next week.
May 7, 2025 10:08 AM
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Disney parks thrive in second quarter and company adds 1.4 million new streaming subscribers
Disney posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service .
May 7, 2025 9:06 AM
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Disney to build its 7th theme park, this one in the United Arab Emirates
Disney will build its seventh theme park, this one in the United Arab Emirates, the entertainment company said Wednesday.
May 7, 2025 8:55 AM
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