National Business

MONTREAL — CAE Inc.'s share price surged after the company reported strong civil and defence performance in its second quarter results.

Chris Rock is going where no comedian has gone before — live on Netflix. The streaming giant said Thursday that Rock will be the first artist to perform on the company’s first-ever live, global streaming event.

TORONTO — Canada Pension Plan Investment Board saw its net assets grow to $529 billion in its second quarter, compared with $523 billion at the end of the previous quarter.

OTTAWA — As a potential recession looms, unemployment will rise, but Bank of Canada governor Tiff Macklem says job losses won't fall to levels seen in past economic downturns.

A Tim Hortons branded chicken noodle soup base was recalled in Alberta and southwestern Ontario because it contained insects.

FREDERICTON — New Brunswick’s budget surplus continues to swell and is now projected at $774.4 million for the 2022-23 fiscal year, an increase of $739.2 million over the figure forecast in the province’s March budget.

NEW YORK (AP) — The swift collapse of cryptocurrency exchange FTX sent more shockwaves through the crypto world on Thursday, with authorities now investigating the firm for potential securities violations and analysts bracing for a further downturn i

MONTREAL — WSP Global Inc. raised its financial outlook as it said it's looking to grow its business across its core markets.

OTTAWA — The parliamentary budget officer says the Canadian economy would contract slightly in 2023 if central banks raise interest rates more than anticipated.

WASHINGTON (AP) — President Joe Biden will meet Monday with President Xi Jinping on the sidelines of next week’s Group of 20 Summit in Bali, Indonesia, a face-to-face meeting that comes amid increasingly strained U.S.