Skip to content

National Business

Walgreens agrees to be acquired by private equity firm for almost $10 billion

Walgreens agrees to be acquired by private equity firm for almost $10 billion

NEW YORK (AP) — Walgreens Boots Alliance says it has agreed to be acquired by private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money.
Saskatchewan liquor stores selling leftover U.S. booze as government halts purchase

Saskatchewan liquor stores selling leftover U.S. booze as government halts purchase

REGINA — Some Saskatchewan liquor stores are selling off their remaining bottles of American booze and restaurants are rethinking their menus, after the province said it would stop buying U.S.
Wall Street tumbles as tariff whiplash and falling AI stocks drag Nasdaq 10% below its record

Wall Street tumbles as tariff whiplash and falling AI stocks drag Nasdaq 10% below its record

NEW YORK (AP) — Wall Street’s sell-off kicked back into gear on Thursday, and a U.S. stock market rattled by the whiplash created by President Donald Trump’s tariffs and uncertainty about the economy fell sharply. The S&P 500 tumbled 1.
Walmart, Loblaw agree to identify Nova Scotia products in stores as U.S. tariffs hit

Walmart, Loblaw agree to identify Nova Scotia products in stores as U.S. tariffs hit

HALIFAX — Two of Nova Scotia’s largest retailers have signed on to a provincial program aimed at making it easier for shoppers to identify locally produced products amid the ongoing trade war with the United States.
South Bow says tariffs could create challenges in its marketing segment

South Bow says tariffs could create challenges in its marketing segment

CALGARY — South Bow Corp., the oil pipeline operator spun off from TC Energy Corp. last year, says its marketing segment, which provides transportation, storage and logistics services, could come under pressure if a 10 per cent tariff on U.S.
S&P/TSX composite falls almost 300 points, U.S. stocks also down amid tariff turmoil

S&P/TSX composite falls almost 300 points, U.S. stocks also down amid tariff turmoil

TORONTO — Canada's main stock index fell almost 300 points Thursday, while U.S. stock markets were also down, as the uncertainty around U.S. tariffs on goods from Canada and Mexico mounted. The S&P/TSX composite index closed down 286.
Canadian Tire to restructure company for growth, will close some Atmosphere stores

Canadian Tire to restructure company for growth, will close some Atmosphere stores

TORONTO — Canadian Tire Corp. Ltd. is rolling out a new strategy that will see it invest $2 billion over four years to restructure the company for growth but will also mean the closure of some stores.
CEO of fuel retailer and refiner Parkland says tariff impact 'neutral' on business

CEO of fuel retailer and refiner Parkland says tariff impact 'neutral' on business

CALGARY — The chief executive of fuel refiner and retailer Parkland Inc., which is considering putting itself up for sale, says U.S. tariffs are having a "neutral" impact on the business.
Why automakers' short reprieve from tariffs isn't enough to weather Trump's escalating trade war

Why automakers' short reprieve from tariffs isn't enough to weather Trump's escalating trade war

DETROIT (AP) — President Donald Trump's short reprieve for U.S.
Newfoundland history has lessons for ‘imperialist’ Trump regime: Furey

Newfoundland history has lessons for ‘imperialist’ Trump regime: Furey

ST. JOHN'S, N.L. — The outgoing premier of Newfoundland and Labrador says he’s drawing on the province’s history as he urges Canadians not to underestimate U.S. President Donald Trump’s “imperialist” ambitions.