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National Business
National Business
Teck Resources committed to rebalancing portfolio despite record Q4 profits from coal
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.
Feb 24, 2022 10:49 AM
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Quebecor raises dividend nine per cent after posting steady fourth-quarter results
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.
Feb 24, 2022 10:05 AM
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Emergency powers end but questions linger on future of protest and legacy of actions
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
Feb 24, 2022 9:50 AM
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More Canadians worried about retirement as home prices, inflation rise
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.
Feb 24, 2022 9:15 AM
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Head of RBC says underlying economy still strong despite heightened volatility risk
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.
Feb 24, 2022 8:59 AM
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US slightly revises up its GDP estimate for Q4 to 7%
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.
Feb 24, 2022 6:14 AM
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Maple Leaf Foods reports Q4 profit down as labour and production costs rise
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.
Feb 24, 2022 5:29 AM
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NATO vows to defend its entire territory after Russia attack
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.
Feb 24, 2022 4:26 AM
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Slain cinematographer's husband angry Baldwin deflects blame
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.
Feb 23, 2022 7:51 PM
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Transat A.T. appoints European as new head of Air Transat operations
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.
Feb 23, 2022 3:58 PM
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