National Business

TORONTO — The head of BMO defended the bank's climate efforts as it faced shareholder resolutions at its annual general meeting that called for more clarity on its plans.

MONTREAL — Philippe Bachand was in his mid-20s when he helped open his family’s duty-free store an hour south of Montreal.

The agreement, reached with the United States notably absent, is expected to be formally adopted in October to take effect in 2027.

FREDERICTON — The New Brunswick government says it plans to sell the 11 Teslas it owns, in response to United States tariffs and the prominent role that the carmaker's CEO plays in the Donald Trump administration.

British Columbia's overall snowpack increased slightly throughout March, but the average is still sitting at just 79 per cent of what's considered normal and the province is sounding the alarm about the potential for drought.

GM Canada says it's temporarily halting production and cutting staff at its CAMI plant in Ingersoll, Ont., because of lower-than-expected demand for its electric delivery vehicles.

TORONTO — Ontario collected about $260,000 from the one day an electricity surcharge was in effect on exports to the United States, Energy Minister Stephen Lecce's office said Friday.

CHARLOTTETOWN — Prince Edward Island has introduced legislation aimed at reducing barriers to interprovincial trade and labour mobility.

TORONTO — A new document circulated to lawyers involved in Hudson’s Bay’s creditor protection case is raising suspicion that a company insider may be exploring a bid for the retailer’s assets or leases.

TORONTO — A challenging environment for attracting key advertising dollars continues to plague Corus Entertainment Inc., but the company says it could reap the benefits of the "Buy Canadian" movement that has gained momentum in response to U.S.