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National Business
National Business
Galen Weston pushes back on 'misguided criticism' of Loblaw as boycott begins
Loblaw chairman Galen Weston, as well as the company's new chief executive, pushed back on what they called “misguided criticism” of the grocer as a boycott againstthe company gains steam online.
May 2, 2024 3:15 PM
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Air Canada pins hopes on business travellers after profits fall
MONTREAL — Canadian airlines have enjoyed a two-year boom amid consumer hunger for post-pandemic travel. But as that pent-up demand recedes, the country's largest carrier hopes to ramp up ticket sales to corporate customers instead.
May 2, 2024 2:54 PM
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Dividend hike, CEO pay questioned at BCE annual meeting following job cuts
Frustration over BCE Inc.'s 4,800 job cuts earlier this year spilled over at the company's annual general meeting on Thursday, as investors and employees questioned executives on their compensation during a period of belt-tightening for staff.
May 2, 2024 2:52 PM
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Parkland says lots of buyer interest in its fuel, convenience store locations
CALGARY — Fuel retailer Parkland Corp. said Thursday the 157 Canadian fuel and convenience store locations it has put up for sale are generating a great deal of interest from prospective buyers.
May 2, 2024 2:31 PM
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Financial, technology risks likely delayed Alberta carbon capture project: analyst
EDMONTON — An analyst says a corporate decision to mothball Canada's largest carbon capture and storage project is likely the result of financial uncertainty and technological risks.
May 2, 2024 1:58 PM
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Nova Scotia to keep requirement for motor vehicle safety inspections following review
HALIFAX — Nova Scotia’s public works minister says that after a review by her department, the province will be keeping its current motor vehicle inspection requirement in place.
May 2, 2024 1:51 PM
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Statistics Canada says merchandise trade deficit $2.3 billion in March
OTTAWA — Canada posted a merchandise trade deficit of $2.3 billion in March, its largest deficit since June last year, Statistics Canada said Thursday.
May 2, 2024 12:50 PM
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Canadian Natural Resources sees path to hike Horizon oilsands output by 76 per cent
CALGARY — Canadian Natural Resources Ltd.
May 2, 2024 12:32 PM
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Paramount Resources reports $68.1M Q1 profit, raises monthly dividend 20%
CALGARY — Paramount Resources Ltd. raised its dividend by 20 per cent as it reported a first-quarter profit of $68.1 million. The oil and gas producer says it will now pay a monthly dividend of 15 cents per share, up from 12.5 cents per share.
May 2, 2024 12:07 PM
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April auto sales jump 14 per cent; still below pre-pandemic levels: DesRosiers
TORONTO — DesRosiers Automotive Consultants Inc. says April car sales were up 14 per cent compared with the same month last year, though they're still below levels seen pre-pandemic.
May 2, 2024 11:53 AM
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