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National Business
National Business
Trump eyeing spring start for lumber tariffs; could new levy stack on current one?
The list of potential American tariffs that could affect Canada grew Wednesday night when U.S. President Donald Trump dropped the idea of a 25 per cent levy on lumber and forest products.
Feb 20, 2025 1:00 AM
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Delta offering US$30,000 to passengers on plane that crash landed in Toronto
TORONTO — Delta Air Lines is offering US$30,000 to passengers who were on the plane that crashed at Toronto's Pearson airport earlier this week, with a company spokesperson saying the money "has no strings attached and does not affect rights.
Feb 19, 2025 5:30 PM
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Alberta premier shuffles deputy health minister amid allegations of corruption
Alberta Premier Danielle Smith removed her government's deputy minister of health Wednesday but bucked calls for a public inquiry into allegations of government interference in lucrative medical contracts.
Feb 19, 2025 5:12 PM
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Old-growth logging was 'goal' of Interfor: B.C. Forest Appeals Commission decision
British Columbia-based forestry giant Interfor reaped an estimated $1.8 million in net profit from logging in old-growth areas that were meant to be preserved, a decision by the province's Forest Appeals Commission says.
Feb 19, 2025 4:34 PM
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Nutrien earnings decline to US$118 million in fourth quarter
SASKATOON, Sask. — Nutrien Ltd. says it earned US$118 million in its fourth quarter, down 33 per cent from US$176 million a year earlier. The Saskatoon-based company says its sales totalled US$5.1 billion, down from US$5.
Feb 19, 2025 3:30 PM
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New Social Security chief contradicts claims that millions of dead people are getting payouts
WASHINGTON (AP) — The new head of the Social Security Administration said Wednesday that deceased centenarians are “not necessarily receiving benefits," contradicting claims that tens of millions of dead people over the age of 100 are getting payment
Feb 19, 2025 3:08 PM
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Implementing guaranteed basic income could cut poverty rates up to 40%, PBO says
OTTAWA — The government's fiscal watchdog says a guaranteed basic income program at the federal level could cut poverty rates in Canada by up to 40 per cent.
Feb 19, 2025 2:43 PM
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Manulife Financial earns $1.6 billion in fourth quarter
TORONTO — Manulife Financial Corp. says its earnings dipped slightly in the fourth quarter but rose overall in 2024. The company's net income attributable to shareholders was $1.6 billion in the fourth quarter, down three per cent from $1.
Feb 19, 2025 2:22 PM
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Bell says subsea cable from Cape Breton to Newfoundland was deliberately cut — twice
ST. JOHN'S, N.L. — Bell is looking for answers after its subsea fibre-optic cable connecting western Newfoundland to Nova Scotia was severed for the second time in the space of a year. The telecommunications cable was most recently cut on Dec.
Feb 19, 2025 2:14 PM
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Poilievre calls Carney's fiscal plan a 'sneaky accounting trick'
OTTAWA — Conservative Leader Pierre Poilievre is slamming Liberal leadership candidate Mark Carney's plan to split the federal budget, calling it a "sneaky accounting trick" to avoid balancing the books.
Feb 19, 2025 2:11 PM
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