National Business

MONTREAL — Laurentian Bank of Canada reported a slight increase in profits in the first quarter as it works through reform efforts. The bank said Friday it had a first-quarter profit of $38.6 million, up from $37.3 million a year earlier.

CALGARY — U.S. tariff threats are making politicians and the general public more receptive to Canadian energy infrastructure projects, the chief executive of Pembina Pipeline Corp. says.

REDMOND, Wash. (AP) — Microsoft is closing down Skype, the video-calling service it bought for $8.5 billion in 2011.

OTTAWA — Canada's economy was heating up heading into 2025, but the return of U.S. President Donald Trump to the White House threatens to snuff out those burgeoning flames. Statistics Canada reported Friday that real gross domestic product rose 2.

Police say an Oakville man is facing multiple charges after allegedly robbing 14 banks and two retail businesses this month in several cities across southern Ontario, including Toronto, Hamilton and Guelph.

OTTAWA — The federal government posted a budgetary deficit of $21.7 billion for the April-to-December period of its 2024-25 fiscal year. The result compared with a deficit of $23.6 billion for the same period a year earlier.

OTTAWA — Large numbers of public servants working in the federal government's three biggest departments aren't following Ottawa's three-days-per-week office work rule, federal data shows.

EDMONTON — Imran Kayesh remembers the smell of lightly marinated chicken and fish sizzling on a grill inside a packed restaurant in Bangladesh just before sunrise during Ramadan. "It's like 4 or 5 a.m.

TORONTO — Doug Ford's Progressive Conservatives chugged to a third majority government Thursday, propelled by his visible crusade against economic uncertainty emanating from the U.S., though falling short of the increased majority he urged.

EDMONTON — Alberta’s finances, tied for generations to the steep peaks and sharp valleys of oil and gas prices, are once again plunging deep into deficit, with no immediate relief in sight.