National Business

OTTAWA — Swedish defence manufacturer Saab and Canadian tech company CAE Inc. say they will work together to create training simulators for the Royal Canadian Navy's next submarine fleet.

NEW YORK (AP) — A big rally for stocks that began in Asia ran out of momentum amid uncertainty about what will happen next after a U.S. court blocked many of President Donald Trump’s tariffs. The S&P 500 rose 0.

TORONTO — Prime Video’s upcoming Canadian lineup includes a docuseries about Alberta brothers who sell RV parts and a true crime story about the dark side of Toronto’s dating scene.

TORONTO — Results from Canadian banks this quarter showed a range of views on what's ahead for the economy, but were largely in agreement that the hit from tariffs and trade uncertainty hasn't been as bad as feared so far.

TORONTO — Royal Bank of Canada's cautious outlook on the future led to a notable build in its provisions for potential loan losses in the quarter, though profits also rose and it increased payouts to shareholders.

TORONTO — Last-minute changes to a controversial Ontario mining bill are not good enough and ignore a central plea to work together on drafting legislation, First Nations said Thursday.

HALIFAX — Nova Scotia announced a month-long public survey Thursday as the provincial government considers expanding alcohol sales to retail outlets like grocery and corner stores.

For over a year before the November 2024 presidential election, Donald Trump had been signalling plans to impose across-the-board tariffs if he won the United States presidency. Trump was elected on Nov.

MONTREAL — Canada Post said it notched nearly $1.3 billion in operating losses last year as the beleaguered institution laid out its "final offers" to the union representing 55,000 workers after negotiations resumed on Wednesday.

NEW YORK (AP) — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.