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National Business
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 10:33 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 10:30 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 10:01 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 9:50 AM
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Are solar panels worth the investment? Yes — usually — but it depends where you live
MONTREAL — When she looked into installing solar panels on her roof, Heather McDiarmid came across an unexpected hitch.
May 29, 2025 8:00 AM
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More Americans file for jobless aid but layoffs remain low despite economic uncertainty over tariffs
WASHINGTON (AP) — Filings for U.S. jobless aid jumped last week but American workers broadly remain secure in their jobs despite economic uncertainty over global trade.
May 29, 2025 7:54 AM
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BMO reports rise in profit even as companies remain hesitant on borrowing
TORONTO — BMO Financial Group's second-quarter profit rose from a year ago even as its Canadian banking and capital markets divisions saw income drop from tariff-related uncertainty. The bank on Wednesday reported a net income of $1.
May 29, 2025 7:48 AM
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Hit by Trump trade wars, U.S. economy falls 0.2% in first quarter, an upgrade from initial estimate
WASHINGTON (AP) — The U.S. economy shrank at a 0.
May 29, 2025 7:05 AM
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Quebec residential construction workers have walked off the job
MONTREAL — Workers in Quebec's residential construction sector are now on strike. The workers walked off the job at midnight after last-minute talks failed to yield a deal.
May 28, 2025 10:26 AM
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Alberta policies have dampened investor confidence in renewables: report
CALGARY — A report from clean energy think tank Pembina Institute suggests investor confidence in Alberta's renewables sector has been dampened by provincial policy moves.
May 28, 2025 10:11 AM
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