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National Business
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Nutrien may slow potash ramp-up plans as earnings, sales down
CALGARY — The CEO of Canadian fertilizer giant Nutrien Ltd. said Thursday the company may consider slowing down its previously announced plan to ramp up potash production, as falling prices and lower sales volumes take a bite out of profits.
May 11, 2023 3:46 PM
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Ukraine says counteroffensive delayed; Britain sending cruise missiles to Kyiv
KYIV, Ukraine (AP) — President Volodymyr Zelenskyy said in remarks broadcast Thursday that Kyiv is delaying its long-awaited counteroffensive against Russia’s occupying forces because Ukraine lacks enough Western weapons to succeed without suffering
May 11, 2023 3:45 PM
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Canadian Tire profit slips as inflation prompts 'mindful' consumers to cut spending
TORONTO — Canadian consumers are increasingly "mindful" in their shopping, prioritizing essential purchases and reining in spending on more expensive goods as inflation continues to squeeze budgets, the head of Canadian Tire Corp. Ltd. said Thursday.
May 11, 2023 3:27 PM
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Tesla shouldn't call driving system Autopilot because humans are still in control, Buttigieg says
WASHINGTON (AP) — Tesla shouldn’t be calling its partially automated driving system Autopilot because the cars can’t drive themselves, the top U.S. transportation official says.
May 11, 2023 3:22 PM
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China's ban on Canadian beef still in place year-and-a-half later; industry in dark
CALGARY — A Chinese ban on Canadian beef that industry officials expected would be short-lived remains in place 17 months later, and industry representatives say they remain in the dark about the reasons.
May 11, 2023 3:08 PM
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Manitoba government offers money for new WestJet direct flights to Atlanta
WINNIPEG — WestJet is to start new direct flights between Winnipeg and Atlanta in September with a financial backstop from the Manitoba government.
May 11, 2023 2:27 PM
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RioCan REIT saw strong Q1 retail occupancy levels, rent rates ticking up
TORONTO — The chief executive of one of the country's most prominent commercial landlords says retail occupancy levels and rent rates are ticking up even as many storefronts across Canada sit empty.
May 11, 2023 2:04 PM
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Schwartz officially steps down as Onex CEO as share plan approved
TORONTO — Shareholders of Onex Corp. have approved a change to its multiple-voting shares that will allow Gerry Schwartz to retain voting control of the company for another three years even as he officially steps down as chief executive.
May 11, 2023 2:02 PM
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Insolvencies in Canada in March up 28.3% year-over-year, report says
OTTAWA — The total number of insolvencies in Canada in March was up 28.3 per cent compared with the same month last year as both consumer and business insolvencies climbed higher.
May 11, 2023 1:30 PM
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Weekly US jobless claims highest since 2021, but companies avoid risk of being caught short-handed
The number of Americans filing for unemployment benefits last week rose to its highest level in a year-and-a-half, though jobs remain plentiful by historical standards even as companies cut costs as the economy slows.
May 11, 2023 12:10 PM
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