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National Business
National Business
Canadian Tire buys back stake in financial services business from Scotiabank
TORONTO — Canadian Tire Corp. Ltd. has signed a deal to buy back the 20 per cent stake in Canadian Tire Financial Services that is owned by Scotiabank for $895 million. The move restores the retailer's full ownership over the business.
Oct 31, 2023 6:24 AM
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TMX Group reports Q3 profit and revenue up from year ago
TORONTO — TMX Group Ltd. reported its third-quarter profit rose compared with a year ago, helped by higher revenue, partly offset by an increase in operating expenses.
Oct 31, 2023 5:24 AM
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Feds ban WeChat, Kaspersky apps from government-issued devices over security concerns
OTTAWA — The federal government is banning WeChat and Kaspersky applications from its phones over security concerns.
Oct 30, 2023 6:58 PM
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Panama's leader calls for referendum on mining concession, seeking to calm protests over the deal
PANAMA CITY (AP) — Protests extended into a second week Monday over a long-term copper mining concession for a Canadian company, as Panama's government sought to calm anger by promising to let Panamanians decide in a referendum whether to scrap the d
Oct 30, 2023 6:11 PM
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Fiscal and monetary policy rowing in opposite directions, Macklem says
OTTAWA — Bank of Canada governor Tiff Macklem says fiscal and monetary policy are rowing in opposite directions, making it harder to bring inflation down.
Oct 30, 2023 5:25 PM
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UAW reaches deal with General Motors that ends strikes against Detroit automakers pending votes
DETROIT (AP) — The United Auto Workers announced Monday that it reached a tentative deal with General Motors, capping a whirlwind few days in which GM, Ford and Stellantis agreed to generous terms that would end the union's six weeks of targeted stri
Oct 30, 2023 4:47 PM
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'A big heart': Smoke's Poutinerie founder Ryan Smolkin remembered for fun persona
Ryan Smolkin, the zany, Smiths Falls, Ont.-bred entrepreneur best known for his restaurants serving poutine smothered in an endless array of toppings, has died. The founder of Smoke's Poutinerie Inc. was 50.
Oct 30, 2023 4:13 PM
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Coastal GasLink pipeline fully installed: TC Energy
The Coastal GasLink pipeline, one of the largest energy infrastructure projects in recent Canadian history, is physically complete.
Oct 30, 2023 3:07 PM
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Alberta raises Crown agency's loan guarantee capacity, cites economic reconciliation
EDMONTON — Alberta's premier has announced the government is expanding the loan guarantee capacity of the Alberta Indigenous Opportunities Corp.
Oct 30, 2023 3:00 PM
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CEO John Chen out at BlackBerry as company prepares to divide business
WATERLOO, ONT. — After a decade at the helm of BlackBerry Ltd. CEO and executive chairman John Chen will retire from the company at the end of the week. Chen will depart on Nov.
Oct 30, 2023 2:43 PM
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