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National Business
National Business
Alberta premier says province is looking to entice private-sector pipeline builder
CALGARY — The Alberta government is working to entice a private-sector player to build a major crude pipeline to coastal waters, Premier Danielle Smith said Wednesday.
Jun 11, 2025 2:18 PM
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CRTC hearing dives into home internet choice, proposal for standardized labels
As Canada's telecommunications regulator explores potential new rules to help consumers shop for home internet plans, some providers say a proposed "nutrition label" would be overly costly and redundant.
Jun 11, 2025 2:14 PM
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Wealthsimple launching credit card, lines of credit in push to take on big banks
TORONTO — Wealthsimple Inc. announced its first credit card and a line of credit Wednesday as it ramps up efforts to challenge the dominance of Canada’s big banks.
Jun 11, 2025 2:12 PM
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Government rejects Bloc's call to split internal trade, major projects legislation
OTTAWA — The Liberal government is rejecting a call from the Bloc Québécois to split its marquee legislation in two and allow part of it to speed through the House of Commons this summer.
Jun 11, 2025 1:59 PM
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S&P/TSX composite up almost 100 points to record high, U.S. stock markets dip
TORONTO — Canada's main stock index pushed to a record high Wednesday as the price of oil spiked, while U.S. markets closed down despite trading higher earlier in the day and inflation data coming in lower than expected.
Jun 11, 2025 1:56 PM
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EPA moves to repeal rules that limit greenhouse gas emissions from US power plants
WASHINGTON (AP) — The Environmental Protection Agency on Wednesday proposed repealing rules that limit greenhouse gas emissions from power plants fueled by coal and natural gas, an action that Administrator Lee Zeldin said would remove billions of do
Jun 11, 2025 1:33 PM
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NDP leader says Carney needs to keep Parliament in the loop on trade talks
OTTAWA — Interim NDP Leader Don Davies is accusing Prime Minister Mark Carney of not being transparent about negotiations with the U.S. on getting President Donald Trump's tariffs lifted.
Jun 11, 2025 1:30 PM
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ArcelorMittal closing wire drawing mill in Hamilton in latest industry blow
HAMILTON — Canada's steel industry was hit with further layoff news Wednesday as ArcelorMittal Long Products Canada announced it is closing its wire drawing mill in Hamilton.
Jun 11, 2025 1:24 PM
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Ottawa's GST rebate on new homes would save typical first-time buyer $27K: PBO
OTTAWA — An eligible first-time homebuyer could save an average of $26,832 in sales tax on the price of a newly built home under Ottawa's latest housing proposal, the parliamentary budget officer said in a new report on Wednesday.
Jun 11, 2025 1:08 PM
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Wall Street's rally stalls as US stocks post their 1st loss in 4 days
NEW YORK (AP) — Wall Street’s rally stalled after stocks climbed back within 2% of their all-time high. The S&P 500 slipped 0.3% Wednesday, marking its first drop in four days.
Jun 11, 2025 1:04 PM
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