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National Business
Canadian Natural Resources hits record oil production amid rising U.S. demand
Canadian Natural Resources Ltd. drew on its abundant reserves to set a slew of production records last quarter, boosting its bottom line by 72 per cent. The country's largest oil and gas producer by market capitalization churned out 1.
Feb 29, 2024 1:35 PM
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Tribunal wraps first 'junk fee' case over online fees for Cineplex movie tickets
OTTAWA — The Competition Tribunal heard a second day of arguments Thursday in a case that could decide whether Cineplex can keep charging customers an extra fee for buying movie tickets online.
Feb 29, 2024 1:21 PM
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Income tax indexing highlights Nova Scotia budget as inflation complaints rise
HALIFAX — Nova Scotia has tabled a $16.5-billion budget that indexes provincial income tax rates to inflation — a move the government said Thursday will provide relief from the province's rising cost of living.
Feb 29, 2024 1:16 PM
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MPs summon CEOs of Rogers, Bell and Telus to appear at committee about phone prices
MPs have voted unanimously to summon the chief executives of Canada's three largest telecommunications companies to testify at a federal committee as it studies the accessibility and affordability of wireless and broadband services.
Feb 29, 2024 12:42 PM
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Canada averts recession with meagre growth in Q4, consumers and businesses pinched
OTTAWA — The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses.
Feb 29, 2024 12:42 PM
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TD fast-tracking investments to fix anti-money laundering deficiencies: CEO
TORONTO — TD Bank Group has identified where its deficiencies in anti-money laundering oversight are and is working to address them, said chief executive Bharat Masrani.
Feb 29, 2024 12:08 PM
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US applications for jobless benefits rise but remain historically low despite recent layoffs
More Americans applied for jobless benefits last week, but layoffs remain historically low even as more high-profile companies have announced job cuts this year.
Feb 29, 2024 11:58 AM
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Federal Reserve's preferred inflation gauge picked up last month in sign of still-elevated prices
WASHINGTON (AP) — An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month .
Feb 29, 2024 11:43 AM
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Spin Master expecting challenging year in 2024, plans to launch new 'value' toys
TORONTO — Spin Master Corp. says it expects to face a challenging year in 2024 amid ongoing economic pressures on shoppers, but could see growth as it integrates U.S. toymaker Melissa & Doug following the closure of its acquisition.
Feb 29, 2024 11:40 AM
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Crescent Point Energy reports Q4 profit, raises quarterly dividend 15%
CALGARY — Crescent Point Energy Corp. raised its quarterly base dividend by 15 per cent as it reported fourth-quarter net income of $951.2 million compared with a loss of $498.1 million a year earlier.
Feb 29, 2024 11:30 AM
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