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National Business
National Business
Royal Bank raises dividend and plans buybacks as results hit by cautious outlook
TORONTO — Royal Bank of Canada's cautious outlook on the future led to a notable build in its provisions for potential loan losses in the quarter, though profits also rose and it increased payouts to shareholders.
May 29, 2025 3:26 PM
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Last-minute changes to Ontario mining bill are not good enough, First Nations say
TORONTO — Last-minute changes to a controversial Ontario mining bill are not good enough and ignore a central plea to work together on drafting legislation, First Nations said Thursday.
May 29, 2025 3:15 PM
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Nova Scotia to survey public on expanding retail sale of alcohol
HALIFAX — Nova Scotia announced a month-long public survey Thursday as the provincial government considers expanding alcohol sales to retail outlets like grocery and corner stores.
May 29, 2025 2:51 PM
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CEO pay rose nearly 10% in 2024 as stock prices and profits soared
NEW YORK (AP) — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.
May 29, 2025 12:33 PM
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Victoria's Secret US website is down as lingerie seller addresses 'security incident'
NEW YORK (AP) — Victoria's Secret has taken down its U.S. website and says some in-store services will be unavailable as it addresses an unspecified “security incident.
May 29, 2025 12:30 PM
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Vanguard, UofT launch AI partnership that will create several research labs
TORONTO — U.S. investment advisor Vanguard and the University of Toronto are teaming up to create several labs dedicated to artificial intelligence.
May 29, 2025 12:01 PM
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Are solar panels worth the investment? Yes — usually — but it depends where you live
MONTREAL — When she looked into installing solar panels on her roof, Heather McDiarmid came across an unexpected hitch.
May 29, 2025 10:00 AM
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More Americans file for jobless aid but layoffs remain low despite economic uncertainty over tariffs
WASHINGTON (AP) — Filings for U.S. jobless aid jumped last week but American workers broadly remain secure in their jobs despite economic uncertainty over global trade.
May 29, 2025 9:54 AM
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BMO reports rise in profit even as companies remain hesitant on borrowing
TORONTO — BMO Financial Group's second-quarter profit rose from a year ago even as its Canadian banking and capital markets divisions saw income drop from tariff-related uncertainty. The bank on Wednesday reported a net income of $1.
May 29, 2025 9:48 AM
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Hit by Trump trade wars, U.S. economy falls 0.2% in first quarter, an upgrade from initial estimate
WASHINGTON (AP) — The U.S. economy shrank at a 0.
May 29, 2025 9:05 AM
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