Skip to content

National Business

UN secretary-general calls for 'windfall' tax on profits of fossil fuel companies

UN secretary-general calls for 'windfall' tax on profits of fossil fuel companies

GENEVA (AP) — U.N. Secretary General António Guterres called Wednesday for a “windfall” tax on profits of fossil fuel companies to help pay for the fight against global warming, decrying them as the “godfathers of climate chaos.
Anthropic brings its safety-first AI chatbot Claude to Canada

Anthropic brings its safety-first AI chatbot Claude to Canada

One of the buzziest artificial intelligence chatbots in the global tech sector has arrived in Canada with the hope of spreading its safety-first ethos.
Text of the Bank of Canada's decision to cut its key interest rate target

Text of the Bank of Canada's decision to cut its key interest rate target

OTTAWA — The Bank of Canada cut its key interest rate target by 25 basis points to 4.75 per cent on Wednesday. Here is the text of the central bank's decision: The Bank of Canada today reduced its target for the overnight rate to 4.
Labatt signs to deal to make Budweiser an official beer of the NHL in Canada

Labatt signs to deal to make Budweiser an official beer of the NHL in Canada

TORONTO — Labatt Breweries of Canada and the National Hockey League have announced a deal that will see Budweiser become an official beer of the NHL in Canada. Financial terms of the multi-year agreement were not immediately available.
District attorney in Alec Baldwin's case wins New Mexico Democratic primary race

District attorney in Alec Baldwin's case wins New Mexico Democratic primary race

SANTA FE, N.M. (AP) — An incumbent district attorney pursing an involuntary manslaughter charge against Alec Baldwin fended off a Democratic challenger in New Mexico’s primary election on Tuesday to ensure her reelection.
Modi claims victory in India's election but drop in support forces him to rely on coalition partners

Modi claims victory in India's election but drop in support forces him to rely on coalition partners

NEW DELHI (AP) — Prime Minister Narendra Modi declared victory for his alliance in India’s general election, claiming a mandate to move forward with his agenda, even though his party lost seats to a stronger than expected opposition, which pushed bac
Flair Airlines CEO to retire from low-cost carrier this summer

Flair Airlines CEO to retire from low-cost carrier this summer

Flair Airlines chief executive Stephen Jones will be stepping down this summer after nearly four years at the helm of the discount carrier.
Caledon, Ont., preparing to host next year's RBC Canadian Open at TPC Toronto

Caledon, Ont., preparing to host next year's RBC Canadian Open at TPC Toronto

Caledon, Ont., is preparing to welcome the world — through the RBC Canadian Open — to its rolling green hills.
WestJet announces UltraBasic fare with no carry-on bag

WestJet announces UltraBasic fare with no carry-on bag

CALGARY — WestJet Airlines has replaced its basic ticket tier with a new fare category that does away with a free carry-on bag and other perks travellers once took for granted.
Wet'suwet'en hereditary chiefs urge banks to snub TC Energy bonds

Wet'suwet'en hereditary chiefs urge banks to snub TC Energy bonds

CALGARY — An Indigenous group that opposed the construction of the Coastal GasLink pipeline is urging banks and investors against financing a proposed second phase of the project. Hereditary chiefs of the Wet'suwet'en First Nation of B.C.