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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.
Apr 16, 2025 9:54 AM
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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.
Apr 16, 2025 9:46 AM
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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.
Apr 16, 2025 9:36 AM
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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.
Apr 16, 2025 9:33 AM
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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.
Apr 16, 2025 9:12 AM
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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.
Apr 16, 2025 8:23 AM
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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.
Apr 16, 2025 8:09 AM
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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.
Apr 16, 2025 5:10 AM
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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.
Apr 16, 2025 3:42 AM
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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.
Apr 16, 2025 2:36 AM
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