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National Business
National Business
Hudson's Bay is liquidating all of its stores. Here's what you need to know
Hudson's Bay has begun liquidating all of its stores after the company filed for creditor protection in March. Here’s how the process is unfolding so far: Which stores are part of the liquidation? All of them.
Apr 25, 2025 1:48 PM
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Ontario's new mining bill is a 'vendetta' against species at risk: environmentalists
TORONTO — Ontario is moving to gut protections for endangered plants and animals as part of a mining bill, environmental groups say, with some calling it the most comprehensive attack on the province’s at-risk species legislation in nearly two decade
Apr 25, 2025 12:34 PM
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Miners set to reap rewards of high gold prices but remain cautious on spending
TORONTO — Record gold prices are translating into higher profits for Canadian producers and excitement about the potential for more growth, though miners remain cautious on spending. Agnico Eagle Mines Ltd.
Apr 25, 2025 12:03 PM
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Ottawa posts $19.3-billion deficit for April-to-February period of 2024-25
OTTAWA — The federal government posted a budgetary deficit of $19.3 billion for the April-to-February period of its 2024-25 fiscal year. The result compared with a deficit of $17.3 billion reported for the same period of 2023-24.
Apr 25, 2025 11:00 AM
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Statistics Canada says retail sales fell 0.4 per cent to $69.3B in February
OTTAWA — Retail sales dropped 0.4 per cent to $69.3 billion in February as sales fell at new car dealers, Statistics Canada said Friday. However, the agency said its early estimate for March suggested an increase of 0.
Apr 25, 2025 10:21 AM
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7-Eleven's soon-to-be chief is confident he knows value, and thrifty customers
TOKYO (AP) — The first foreigner tapped to head 7-Eleven expressed confidence Friday the Japanese convenience store chain will continue to attract thrifty customers, even in an economic slowdown.
Apr 25, 2025 9:15 AM
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New Brunswick, Newfoundland and Labrador sign agreement to knock down trade barriers
ST. JOHN'S — New Brunswick and Newfoundland and Labrador are the latest provinces to pledge to work together and knock down trade barriers as Canada faces economic threats from U.S. President Donald Trump.
Apr 24, 2025 6:52 PM
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Precision Drilling trims 2025 capital budget amid market uncertainty
CALGARY — Precision Drilling is trimming its planned 2025 capital spending due to market uncertainty and a possible dip in demand from the oil and gas producers that contract its rigs.
Apr 24, 2025 5:41 PM
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Wall Street's rally roars into a 3rd day as companies' profits keep piling up, for now at least
NEW YORK (AP) — Wall Street’s rally kept rolling Thursday as better-than-expected profits for U.S. companies piled up, though CEOs said they’re unsure whether it will last because of uncertainty created by President Donald Trump’s trade war.
Apr 24, 2025 5:29 PM
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Hudson's Bay auction of items including 1670 royal charter can go ahead, judge rules
TORONTO — Hudson's Bay can now prepare to auction off 4,400 artifacts and art pieces along with the 355-year-old royal charter that launched the now-ailing company.
Apr 24, 2025 4:56 PM
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