Skip to content

National Business

Pet Valu offers rosy outlook as it grows market share in lucrative pet industry

Pet Valu offers rosy outlook as it grows market share in lucrative pet industry

Canadian pet food and supplies retailer Pet Valu Holdings Ltd. offered an ambitious outlook for 2023 on Tuesday, saying it expects to grow revenue, increase sales and expand its share of the lucrative pet industry market this year.
US sues to block JetBlue from buying Spirit Airlines

US sues to block JetBlue from buying Spirit Airlines

The Biden administration sued to block JetBlue Airways' $3.8 billion purchase of Spirit Airlines, saying Tuesday that the deal would reduce competition and drive up air fares for consumers.
Regulator issues guidelines to protect financial institutions from climate risks

Regulator issues guidelines to protect financial institutions from climate risks

Canada's bank regulator has issued a framework to guide banks and insurance companies in protecting themselves against climate-related risks.
B.C. invests $200 million toward boosting food banks, producers and supply chain

B.C. invests $200 million toward boosting food banks, producers and supply chain

VANCOUVER — British Columbia is dedicating $200 million toward boosting both the province's food bank system and overall agricultural production and resiliency.
Powell signals increased rate hikes if economy stays strong

Powell signals increased rate hikes if economy stays strong

WASHINGTON (AP) — The Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence continues to point to a robust economy and persistently high inflation, Chair Je
BlackBerry says cybersecurity revenue will be lower than expected

BlackBerry says cybersecurity revenue will be lower than expected

TORONTO — Shares in BlackBerry Ltd. were down more than 10 per cent in early trading after the company lowered its fourth-quarter and full-year revenue expectations for its cybersecurity business.
Corus Entertainment slashing quarterly dividend payment

Corus Entertainment slashing quarterly dividend payment

TORONTO — Television and radio company Corus Entertainment Inc. is cutting its quarterly dividend. Corus executive chair Heather Shaw says the money that would have gone to dividends is expected to be directed to debt repayment.
Young Canadians keep up pandemic-inspired DIY projects to save money

Young Canadians keep up pandemic-inspired DIY projects to save money

Cassie Tatone borrowed a sewing machine from her mother-in-law in the spring of 2020 after the COVID-19 pandemic robbed her of her job and shut down most businesses and activities.
Proxy advisory firm Egan-Jones recommends Ritchie Bros. shareholders back IAA deal

Proxy advisory firm Egan-Jones recommends Ritchie Bros. shareholders back IAA deal

VANCOUVER — Proxy advisory firm Egan-Jones is recommending shareholders of Ritchie Bros. Auctioneers Inc. support the company's deal to buy U.S. automotive salvage company IAA Inc.
Women powered pandemic shift toward higher paying jobs, but pay gap persists: RBC

Women powered pandemic shift toward higher paying jobs, but pay gap persists: RBC

TORONTO — Women have powered a recent shift toward higher-paying and -skilled jobs, but a pay gap will persist until they cease being outnumbered by men in senior management positions, says a new report.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks