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P.E.I. premier asks Ottawa for timeline on bridge and ferry toll reductions

P.E.I. premier asks Ottawa for timeline on bridge and ferry toll reductions

FREDERICTON — The premier of Prince Edward Island is asking the federal government for an update on the timeline to reduce the tolls for the Confederation Bridge and Northumberland Ferries to improve interprovincial trade to and from the mainland.
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S&P/TSX composite up close to 200 points, U.S. stock markets also climb

S&P/TSX composite up close to 200 points, U.S. stock markets also climb

TORONTO — Strength in the utility, financial and technology sectors helped Canada's main stock index gain almost 200 points on Tuesday, while U.S. stock markets also climbed. The S&P/TSX composite index was up 195.87 points at 26,269.00.
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'More than you came for': former Bay slogans among trademarks going to Canadian Tire

'More than you came for': former Bay slogans among trademarks going to Canadian Tire

TORONTO — The Hudson's Bay trademarks Canadian Tire hopes to acquire span well beyond the retailer's name, coat of arms and iconic stripes, new court documents show.
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Telus announces five-year $70B funding plan to bolster networks, open AI data centres

Telus announces five-year $70B funding plan to bolster networks, open AI data centres

VANCOUVER — Telus Corp. has announced it will spend more than $70 billion over the next five years to enhance connectivity, including through improvements to its network infrastructure and by building artificial intelligence data centres.
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Glooscap First Nation in Nova Scotia launches new security company

Glooscap First Nation in Nova Scotia launches new security company

HANTSPORT — A First Nation in Nova Scotia has established a new commercial security company, a move its chief says is another example of the First Nation’s commitment to securing financial independence.
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Scotiabank profit dips as it prepares for potential turbulence ahead

Scotiabank profit dips as it prepares for potential turbulence ahead

TORONTO — Cautious borrowers and a worsening economic outlook pushed Scotiabank earnings slightly down in the second quarter from last year as the bank put aside more money for potentially bad loans ahead. The bank reported a net income of $2.
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Hudson's Bay says 8,300 workers to be out of a job by June: court docs

Hudson's Bay says 8,300 workers to be out of a job by June: court docs

TORONTO — More than 8,300 workers will have lost their job and some benefits by the time Hudson's Bay closes all of its stores at the start of June, new court documents filed by the collapsing retailer say.
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InterRent REIT agrees to offer from executive chair, sovereign wealth fund

InterRent REIT agrees to offer from executive chair, sovereign wealth fund

OTTAWA — InterRent Real Estate Investment Trust has signed a deal to be acquired by a group including executive chair Mike McGahan and Singapore sovereign wealth fund GIC for about $2 billion.
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Trump Media says investors will fund a company 'bitcoin reserve' through share purchases

Trump Media says investors will fund a company 'bitcoin reserve' through share purchases

President Donald Trump's media company said Tuesday that institutional investors will buy $2.5 billion in the company's stock with the proceeds going to build up a bitcoin reserve. About 50 institutional investors will put up $1.
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Trump Media says investors will fund a company 'bitcoin reserve' through share purchases

Trump Media says investors will fund a company 'bitcoin reserve' through share purchases

President Donald Trump's media company said Tuesday that institutional investors will buy $2.5 billion in the company's stock with the proceeds going to build up a bitcoin reserve. About 50 institutional investors will put up $1.
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