National Business

Teck Resources Ltd. says it remains committed to rebalancing its portfolio toward less carbon-intensive resources even though soaring prices for steelmaking coal helped push the miner to a record fourth-quarter profit.

MONTREAL — Quebecor Inc. raised its quarterly dividend nine per cent after reporting steady results in the fourth quarter with net income attributable to shareholders rising slightly to $160.5 million.

OTTAWA — The secure perimeter around downtown Ottawa, guarded by police checkpoints, will remain through the weekend as the local force tries to maintain peace and order in Canada's capital city without the extra powers they were granted through the

MONTREAL — Family time on sun-kissed beaches may feel farther away than ever — and not due to COVID-19. As worries around inflation, home prices and savings rise, Canadians are losing confidence they’ll have enough cash to retire as planned.

TORONTO — The head of RBC says market volatility caused by geopolitical risks shouldn't be enough to throw off rate increases and the underlying strength of the economy.

WASHINGTON (AP) — The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported Thursday in a slight upgrade from its earlier estimate as businesses stepped up their restocking of supplies.

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. reported its fourth-quarter profit fell compared with a year ago as it faced rising labour and production costs. The company says it earned $1.9 million or two cents per share for the quarter ended Dec.

BRUSSELS (AP) — NATO Secretary-General Jens Stoltenberg warned Thursday that the military alliance would defend every inch of its territory should Russia attack a member country, as he slammed Moscow for launching a brutal act of war on Ukraine.

LOS ANGELES (AP) — The husband of a cinematographer shot and killed on the set of the film “Rust” says it's “absurd” that Alec Baldwin believes he's not to blame for the shooting and he was “so angry” when Baldwin didn't accept responsibility.

MONTREAL — Transat A.T. Inc. has appointed Marc-Philippe Lumpé to head its airline operations, replacing Jean-François Lemay, who has led Air Transat since 2013. Lumpé will start June 1, subject to receiving a work permit in Canada.