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National Business

Canada saw decline in fresh fruit, vegetable availability in 2022: StatCan

Canada saw decline in fresh fruit, vegetable availability in 2022: StatCan

Statistics Canada says fewer fresh fruits and vegetables were available to Canadians in 2022, due to factors such as ongoing supply chain issues, labour shortages and price increases.
Superior Plus to sell eight distribution hubs in agreement with Competition Bureau

Superior Plus to sell eight distribution hubs in agreement with Competition Bureau

CALGARY — Superior Plus Corp. has agreed to sell eight propane distribution hubs in northern Ontario to address the concerns of the Competition Bureau about its deal to buy Certarus Ltd.
Selwyn Crittendon named new chief executive at Ikea Canada

Selwyn Crittendon named new chief executive at Ikea Canada

TORONTO — Furniture retailer Ikea has announced the appointment of Selwyn Crittendon as the new Ikea Canada chief executive and chief sustainability officer effective Aug. 1.
US job openings hit 10.1 million and labor market still strong despite Fed efforts to cool economy

US job openings hit 10.1 million and labor market still strong despite Fed efforts to cool economy

WASHINGTON (AP) — U.S. job openings rose unexpectedly in April, illustrating the resilience of the American labor market and complicating Federal Reserve efforts to fight inflation. Employers posted 10.1 million job openings last month, up from 9.
Vatican questions $17 million transfers to impact investing fund, moves to prevent similar

Vatican questions $17 million transfers to impact investing fund, moves to prevent similar

VATICAN CITY (AP) — The Vatican is seeking clarity after the former director of its U.S.
New Zealand airline is asking passengers to weigh in before their flights

New Zealand airline is asking passengers to weigh in before their flights

WELLINGTON, New Zealand (AP) — New Zealand's national airline is asking passengers to step on the scales before they board international flights.
Great-West Lifeco sells Putnam Investments to Franklin Templeton

Great-West Lifeco sells Putnam Investments to Franklin Templeton

WINNIPEG — Great-West Lifeco Inc. has signed a deal to sell U.S.-based asset manager Putnam Investments to Franklin Resources Inc. and agreed to a strategic partnership.
CAE reports fourth-quarter profit and revenue up from year ago

CAE reports fourth-quarter profit and revenue up from year ago

MONTREAL — CAE Inc. reported its fourth-quarter profit rose compared with a year ago as its revenue climbed more than 30 per cent. The flight simulator company says it earned net income attributable to equity holders of $98.
National Bank reports Q2 profit down from year ago, raises quarterly dividend

National Bank reports Q2 profit down from year ago, raises quarterly dividend

MONTREAL — National Bank of Canada raised its quarterly dividend and reported its second-quarter profit fell compared with a year ago as it faced higher non-interest expenses and increased provisions for bad loans.
Freedom Mobile workers seeking union after acquisition: Teamsters Canada

Freedom Mobile workers seeking union after acquisition: Teamsters Canada

TORONTO — On the heels of the sale of Freedom Mobile, labour union Teamsters Canada said retail and call centre employees at the telecom company are interested in unionization. As a condition of the merger between Rogers Communications Inc.