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National Business
National Business
Federal deficit hits $57 billion nearing halfway of fiscal year
OTTAWA — The federal government ran a deficit of more than $57 billion over the first five months of its fiscal year, about $114 billion less than the treasury pumped out during the same stretch one year earlier.
Oct 29, 2021 8:31 AM
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Baldwin shooting highlights risks of rushed film production
NEW YORK (AP) — The fatal shooting by Alec Baldwin on a movie set has put a microscope on an often-unseen corner of the film industry where critics say the pursuit of profit can lead to unsafe working conditions.
Oct 29, 2021 8:00 AM
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Dorel to pay tax charge after Luxembourg Administrative Court ruling
MONTREAL — Dorel Industries Inc. says the Luxembourg Administrative Court has confirmed a tribunal ruling that one of Dorel’s subsidiaries owes US$64.2 million in tax.
Oct 29, 2021 7:53 AM
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Wages jump by the most on records dating back 20 years
WASHINGTON (AP) — Wages and salaries jumped in the three months ending in September by the most on records that date back 20 years as companies are forced to offer higher pay to fill a near-record number of available jobs. Pay increased 1.
Oct 29, 2021 7:14 AM
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Power and gas utility Fortis reports $295M Q3 profit, revenue up from year ago
ST. JOHN'S, N.L. — Fortis Inc. says it earned $295 million in its third quarter, up from $292 million in the same quarter last year. The power and gas utility says the profit amounted to 63 cents per share for the quarter ended Sept.
Oct 29, 2021 6:27 AM
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Shaw CEO Brad Shaw reiterates commitment to Rogers deal as Shaw reports Q4 profit up
CALGARY — Shaw Communications Inc. says it remains committed to its deal to be bought by Rogers Communications Inc. as it reported its fourth-quarter profit rose more than 40 per cent compared with a year ago.
Oct 29, 2021 6:18 AM
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TransAlta Renewables finds cracks in turbine foundations at New Brunswick wind farm
CALGARY — TransAlta Renewables Inc. lowered its financial guidance for this year as it said it has found cracks in several foundations of the turbines at a wind farm in New Brunswick where a tower collapsed earlier this month.
Oct 29, 2021 5:49 AM
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In the middle of a crisis, Facebook Inc. renames itself Meta
OAKLAND, Calif. (AP) — Like many companies in trouble before it, Facebook is changing its name and logo. Facebook Inc. is now called Meta Platforms Inc.
Oct 28, 2021 4:46 PM
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Brookfield Infrastructure completes acquisition of Inter Pipeline; IPL to be delisted
CALGARY — Brookfield Infrastructure Partners L.P. says it has completed the acquisition of Inter Pipeline Ltd. The transaction was approved near unanimously by Inter Pipeline shareholders and received final approval from an Alberta court.
Oct 28, 2021 4:24 PM
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Biden announces 'historic' deal - but still must win votes
WASHINGTON (AP) — President Joe Biden announced Thursday that he and Democrats in Congress have reached a “historic" framework for his sweeping domestic policy package.
Oct 28, 2021 4:19 PM
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