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National Business
National Business
Wall Street drifts closer to records as oil prices jump and US manufacturing slumps
NEW YORK (AP) — U.S. stock indexes drifted closer to records, coming off their stellar May. The S&P 500 rose 0.4% Monday. The Dow Jones Industrial Average edged up 0.1%, and the Nasdaq composite added 0.7%.
Jun 2, 2025 1:06 PM
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Trump-backed conservative Karol Nawrocki wins Poland's presidential race
WARSAW, Poland (AP) — Conservative Karol Nawrocki’s victory in Poland’s weekend presidential runoff has set the country on a more nationalist course — and cast doubt on the viability of the centrist government of Prime Minister Donald Tusk after the
Jun 2, 2025 12:52 PM
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Calgary home sales drop in May amid ongoing economic uncertainty: CREB
CALGARY — The Calgary Real Estate Board says home sales in the city dropped 17 per cent in May compared with last year as economic uncertainty continues to weigh on the housing market, while new listings and inventory were up.
Jun 2, 2025 11:47 AM
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Shopify wins court battle against Canada Revenue Agency in merchant-data case
Shopify Inc. has come out on top of a battle with the Canada Revenue Agency.
Jun 2, 2025 10:48 AM
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Cenovus the latest oil company to shut production in Alberta due to wildfires
CALGARY — Some oilsands producers are removing workers and shutting production from their sites as wildfires rage in northeastern Alberta. Cenovus Energy Inc.
Jun 2, 2025 9:40 AM
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Ontario inks trade deals with Saskatchewan and Alberta ahead of meeting with Carney
SASKATOON — Alberta and Saskatchewan signed agreements with Ontario on Sunday to remove trade barriers ahead of a meeting with Prime Minister Mark Carney to hash out a plan they hope will supercharge the economy.
Jun 2, 2025 9:29 AM
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Teck shuts mill at Carmen de Andacollo operations in Chile for unplanned maintenance
VANCOUVER — Teck Resources Ltd. says a mechanical issue has forced it to shut down the SAG mill at its Carmen de Andacollo operations in Chile for maintenance. The company estimates production will be interrupted for about one month for repairs.
Jun 2, 2025 8:26 AM
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Supreme Court won't hear challenge to Maryland assault weapons ban
WASHINGTON (AP) — A split Supreme Court declined on Monday to hear a challenge to a state ban on assault weapons, semiautomatic rifles that are popular among gun owners and that have also been used in multiple mass shootings.
Jun 2, 2025 7:21 AM
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CAE names Northrop Grumman executive Matthew Bromberg as new CEO
MONTREAL — Flight simulator company CAE Inc. has named Matthew Bromberg as its new president and chief executive. Bromberg, who will join the company on June 16 and take over the top job on Aug. 13, has headed global operations for U.S.
Jun 2, 2025 6:10 AM
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'Mission impossible': Why the Bank of Canada faces 'risky' June rate decision
OTTAWA — Few would confuse Hollywood action star Tom Cruise with Bank of Canada governor Tiff Macklem.
Jun 2, 2025 1:00 AM
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