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National Business
National Business
Laurentian Bank reports $32 million Q2 profit as work continues on strategic plan
Laurentian Bank of Canada says it's making progress on its turnaround efforts as it marks a year of working through its strategic plan.
May 30, 2025 10:36 AM
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Taylor Swift has regained control of her music, buys back first 6 albums
NEW YORK (AP) — Taylor Swift has regained control over her entire body of work. In a lengthy note posted to her official website on Friday, Swift announced: “All of the music I’ve ever made now belongs to me.
May 30, 2025 10:25 AM
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Strathcona formally launches takeover bid for oilsands peer MEG Energy
CALGARY — Strathcona Resources Ltd. has formally launched its takeover bid for fellow oilsands producer MEG Energy. Its offer, open until Sept. 15, comprises 0.62 of a common share of Strathcona and $4.
May 30, 2025 9:30 AM
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CPP Investments and partner sell Encino Acquisition Partners stake in US$5.6B deal
TORONTO — Canada Pension Plan Investment Board says it and Encino Energy are selling their holdings in an Ohio oil and gas producer for US$5.6 billion including debt.
May 30, 2025 8:35 AM
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RioCan REIT asks court to put joint venture with Hudson's Bay into receivership: docs
TORONTO — RioCan Real Estate Investment Trust is pushing to put a joint venture it owns with Hudson's Bay into receivership. A motion filed late Thursday from the real estate firm asks the Ontario Superior Court to appoint FTI Consulting Canada Inc.
May 30, 2025 8:25 AM
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Federal government posts $43 billion deficit between April '24 and March
OTTAWA — The federal government says it ran a budgetary deficit of $43.2 billion between April 2024 and this past March. The deficit compared with $50.9 billion for the same stretch in the 2023-2024 fiscal year.
May 30, 2025 8:02 AM
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US inflation gauge cools with little sign of tariff impact, so far
WASHINGTON (AP) — A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices .
May 30, 2025 7:58 AM
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Hudbay Minerals staff evacuate Flin Flon, Man., due to wildfires
TORONTO — Hudbay Minerals Inc. says its non-essential staff in the Flin Flon, Man., area are evacuating because of wildfires in the region.
May 30, 2025 7:24 AM
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Few Ontario grocery stores accepting booze empties, some weigh returning licences
TORONTO — Very few Ontario grocery stores that are required to accept empty alcohol containers are doing so, leaving the future of the deposit return program in question as The Beer Store closes locations across the province.
May 30, 2025 6:26 AM
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Tony Hawk, Mark McMorris help open skateboard park expansion in Smithers, B.C.
Tony Hawk and Mark McMorris wanted their presence at the Smithers Skate Park expansion unveiling to amplify skateboarding's importance in the remote, northern B.C. community.
May 30, 2025 3:00 AM
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