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National Business
S&P/TSX composite closes up along with U.S. markets
TORONTO — Canada's main stock index closed up along with U.S. markets on a choppy day that showed hints of cooling trade tensions while the head of the U.S. Federal Reserve warned of rising risks. The S&P/TSX composite index closed up 186.
May 7, 2025 3:07 PM
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New rules on tipping, price labelling take effect across Quebec
MONTREAL — New rules on tipping and on price displays at grocery retailers took effect Wednesday across Quebec, in a move the government describes as an effort to make things easier for consumers.
May 7, 2025 2:37 PM
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Parkland agrees to be bought by U.S. heavyweight Sunoco in US$9.1B deal
CALGARY — A judge has declined to hear a challenge to Parkland Corp.'s last-minute decision to delay its shareholder meeting by more than a month so investors can vote on a US$9.
May 7, 2025 2:29 PM
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Wall Street climbs in choppy trading after Fed warns of rising risks for economy, holds rates steady
NEW YORK (AP) — U.S. stocks ended a choppy day higher after the Federal Reserve left its main interest rate alone, as was widely expected, but also warned about rising risks for the U.S. economy. The S&P 500 rose 0.4% Wednesday.
May 7, 2025 2:10 PM
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Baby eel fisher calls for enforcement against illegal harvesting on N.S. river
HALIFAX — A licensed baby eel fisher says he's been sending evidence to the federal Fisheries Department of illegal fishing on a Nova Scotia river, but he says Ottawa is not acting.
May 7, 2025 1:56 PM
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CEOs call on Carney to 'take action' to support domestic energy sector
OTTAWA — Canada's energy CEOs are calling on Prime Minister Mark Carney to scrap the emissions cap on oil and gas producers and repeal industrial carbon pricing to help bolster the industry.
May 7, 2025 1:29 PM
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Power utility TransAlta expects Alberta data centre deal this year
CALGARY — Power producer TransAlta Corp. is hoping to sign agreements this year with prospective Alberta data centre partners that would draw on natural gas-fired electricity it generates in the province.
May 7, 2025 1:28 PM
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Hudson's Bay insiders not bidding on business, assets or leases: court documents
TORONTO — The executives that led Canada’s oldest company to its recent collapse won’t be handed the reins of Hudson’s Bay as part of its restructuring process, new court documents indicate.
May 7, 2025 12:40 PM
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Disney to build its 7th theme park, this one in the United Arab Emirates
Disney will build its seventh theme park, this one in the United Arab Emirates, the entertainment company said Wednesday.
May 7, 2025 11:39 AM
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Heavy lifting begins as Suncor starts refurbishing decades-old upgrader components
CALGARY — Oilsands giant Suncor Energy Inc. has begun a three-month outage at one of its upgraders so it can begin to replace enormous components first installed almost six decades ago.
May 7, 2025 11:20 AM
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