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National Business

Grocers are facing government crackdowns, but will it lead to change?

Grocers are facing government crackdowns, but will it lead to change?

In March 2023, executives from Canada’s three largest grocery companies paid a visit to Parliament Hill.
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Robert Downey Jr. is returning to ‘Avengers’ films as a villain in 1 of Marvel's Comic-Con twists

Robert Downey Jr. is returning to ‘Avengers’ films as a villain in 1 of Marvel's Comic-Con twists

SAN DIEGO (AP) — Marvel Studios returned to San Diego Comic-Con with dancing Deadpool variants and a choir for a panel that included news about the next two “Avengers” films and surprise guests, including Harrison Ford and Robert Downey Jr.
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B.C. tree fruit grower co-operative shuts down after 88 years, citing low volume

B.C. tree fruit grower co-operative shuts down after 88 years, citing low volume

OKANAGAN, B.C. — The end of a co-operative that helped farmers process, store and get their fruit to market will be hard on small operations, says one of the farmers in British Columbia’s Okanagan that have been left reeling from the news.
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Umicore suspends construction of $2.76B battery materials plant in Ontario

Umicore suspends construction of $2.76B battery materials plant in Ontario

Umicore says it has halted spending on a $2.76-billion battery materials plant in eastern Ontario. The global materials company says it made the decision because of scaled-back expectations for growth in the electric vehicle market.
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S&P/TSX composite index closes up along with U.S. markets Friday

S&P/TSX composite index closes up along with U.S. markets Friday

TORONTO — Widespread gains helped push Canada's main stock index higher Friday, while U.S. stock markets also rose after an encouraging U.S. inflation report.
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Postmedia plans to buy Atlantic Canada's insolvent SaltWire newspaper chain

Postmedia plans to buy Atlantic Canada's insolvent SaltWire newspaper chain

HALIFAX — Postmedia Network Inc. has announced plans to buy "certain businesses" belonging to SaltWire Network Inc. and The Halifax Herald Ltd., the two insolvent media companies behind Atlantic Canada’s largest newspaper chain.
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Jasper fires could cost insurance industry $700 million: DBRS estimate

Jasper fires could cost insurance industry $700 million: DBRS estimate

The Jasper wildfires could cost the insurance industry up to $700 million, making it one of the most expensive wildfire disasters in Canadian history, DBRS Morningstar said Friday.
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Stock market today: Most of Wall Street leaps in a widespread rally, from big stocks to small

Stock market today: Most of Wall Street leaps in a widespread rally, from big stocks to small

NEW YORK (AP) — Wall Street rallied following encouraging reports on inflation and on profits at 3M and other big U.S. companies. The S&P 500 rose 1.1% for its best day in seven weeks. The Dow Jones Industrial Average jumped 1.
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MEG Energy announces dividend as it reaps Trans Mountain expansion benefits

MEG Energy announces dividend as it reaps Trans Mountain expansion benefits

CALGARY — MEG Energy announced a quarterly dividend of 10 cents per share as it reported earnings of $136 million, saying a successful start-up of the Trans Mountain pipeline expansion has helped generate better prices for its oil.
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MEG Energy workers returning to oilsands site after wildfire evacuation

MEG Energy workers returning to oilsands site after wildfire evacuation

CALGARY — MEG Energy Corp. has started bringing workers back to its Christina Lake oilsands site after evacuating all non-essential personnel last week due to wildfires in northern Alberta.
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