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National Business
National Business
Bank results show lesser fallout from trade uncertainty than feared, so far
TORONTO — Results from Canadian banks this quarter showed a range of views on what's ahead for the economy, but were largely in agreement that the hit from tariffs and trade uncertainty hasn't been as bad as feared so far.
May 29, 2025 12:41 PM
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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 12:26 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 12:15 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 11:51 AM
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A timeline of U.S. President Donald Trump's trade war with Canada
For over a year before the November 2024 presidential election, Donald Trump had been signalling plans to impose across-the-board tariffs if he won the United States presidency. Trump was elected on Nov.
May 29, 2025 11:31 AM
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Canada Post puts forward ‘final offers’ to union, posts $1.3B loss for 2024
MONTREAL — Canada Post said it notched nearly $1.3 billion in operating losses last year as the beleaguered institution laid out its "final offers" to the union representing 55,000 workers after negotiations resumed on Wednesday.
May 29, 2025 10:56 AM
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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 9:33 AM
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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 9:30 AM
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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 9:01 AM
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Provinces 'hold the key' to unlocking homebuilding, new report argues
OTTAWA — While the federal government and cities across Canada are making strides on expanding the housing supply, the provinces still need to get serious about building quality homes, a new report released Thursday argues.
May 29, 2025 8:50 AM
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