Â鶹´«Ã½

Skip to content

National Business

Parkland says chief executive Bob Espey to step down amid shareholder battle

Parkland says chief executive Bob Espey to step down amid shareholder battle

CALGARY — Parkland Corp. says its chief executive is planning to step down as activist shareholders push for sweeping changes at the fuel refiner and retailer.
Manufacturers call for bold policy changes as sector faces threats from U.S. tariffs

Manufacturers call for bold policy changes as sector faces threats from U.S. tariffs

TORONTO — A business group representing manufacturers is calling for less regulation and lower taxes as part of its policy recommendations to support a sector under threat from U.S. tariffs.
Rate hold means status quo for Canada's struggling housing market: experts

Rate hold means status quo for Canada's struggling housing market: experts

TORONTO — Real estate watchers say the Bank of Canada's decision to hold its key policy rate steady at 2.75 per cent will likely keep a sluggish housing market at the status quo.
S&P/TSX composite up more than 100 points, U.S. stock markets down

S&P/TSX composite up more than 100 points, U.S. stock markets down

TORONTO — Strength in the energy sector helped Canada's main stock index gain more than 100 points as the price of oil climbed, while U.S. markets fell in late-morning trading. The S&P/TSX composite index was up 118.68 points at 24,186.61.
Retail sales rise 1.4% in March as shoppers stock up on big ticket items ahead of tariffs

Retail sales rise 1.4% in March as shoppers stock up on big ticket items ahead of tariffs

NEW YORK (AP) — U.S. shoppers stepped up their shopping last month, fueled by a spending spree on big ticket items, particularly cars, before President Donald Trump’s expansive new tariffs started kicking in.
Grocer Metro sees sales of Canadian products grow as Q2 profits rise

Grocer Metro sees sales of Canadian products grow as Q2 profits rise

MONTREAL — Sales of Canadian products are outpacing the rest of Metro's wares, with the gap accelerating in recent weeks, said the chief executive of the grocery retailer.
Text of the Bank of Canada's latest interest rate decision

Text of the Bank of Canada's latest interest rate decision

OTTAWA — The Bank of Canada held its key policy rate steady at 2.75 per cent on Wednesday. Here is the text of the central bank's decision: ——— The Bank of Canada today maintained its target for the overnight rate at 2.
Competition Bureau opens review of deal involving MEC and TGI Holding

Competition Bureau opens review of deal involving MEC and TGI Holding

OTTAWA — Canada's competition regulator has opened a review of a deal involving retailer Mountain Equipment Co. Ltd. and TGI Holding Inc. It was not immediately clear who owns TGI Holding or what a deal would mean for MEC.
China's economy grew 5.4% in the first quarter as exporters rushed to beat Trump's tariffs

China's economy grew 5.4% in the first quarter as exporters rushed to beat Trump's tariffs

BANGKOK (AP) — China's economy expanded at a 5.4% annual pace in January-March, the government said Wednesday, supported by strong exports ahead of U.S. President Donald Trump’s rapid increases in tariffs on Chinese products.
China appoints a new trade negotiator during tariff fight with the US

China appoints a new trade negotiator during tariff fight with the US

TAIPEI, Taiwan (AP) — China appointed a new trade negotiator Wednesday in the midst of its tariff fight with the U.S.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks