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National Business
What went wrong? Analysts say Hudson's Bay couldn't compete among nimble competitors with pretty stores
HALIFAX — Retail experts say the looming demise of Hudson’s Bay Co. as a national presence would be a “historic loss” but not surprising, given the retailer’s inability to draw customers into stores.
Mar 21, 2025 10:50 AM
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Carney confirms Liberals won't proceed with planned capital gains tax change
OTTAWA — Days before he's expected to call a federal election, Prime Minister Mark Carney is confirming he won't move ahead with a key Liberal tax policy.
Mar 21, 2025 10:12 AM
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Eyeing China threat, Trump announces Boeing wins contract for secretive future fighter jet
WASHINGTON (AP) — President Donald Trump announced Friday that Boeing will build the Air Force’s future fighter jet, which the Pentagon says will have stealth and penetration capabilities that far exceed those of its current fleet and is essential in
Mar 21, 2025 9:00 AM
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S&P/TSX composite ticks lower, U.S. stock markets also down
TORONTO — Canada's main stock index ticked lower Thursday after giving back gains from earlier in the day, while U.S. markets also fell. The S&P/TSX composite index closed down 8.97 points at 25,060.24.
Mar 21, 2025 8:53 AM
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Statistics Canada says retail sales down in January as shoppers reined in spending
OTTAWA — Retail sales fell 0.6 per cent to $69.4 billion in January as sales in the auto sector moved lower, Statistics Canada said.
Mar 21, 2025 8:52 AM
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Fire shuts down London's Heathrow Airport, disrupting travel for hundreds of thousands
LONDON (AP) — A large fire near London's Heathrow Airport knocked out power Friday to Europe’s busiest flight hub, forcing it to shut all day and disrupting global travel for hundreds of thousands of passengers.
Mar 21, 2025 6:20 AM
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Premium Brands reports Q4 profit more than doubles, revenue up
VANCOUVER — Premium Brands Holdings Corp. reported its fourth-quarter profit more than doubled compared with a year earlier as it saw record revenue for the quarter. The specialty food company says it earned $37.
Mar 21, 2025 5:21 AM
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Canadian startups focus on homegrown funding with U.S. relations strained
Tatiana Estevez was celebrating her fog water collection company Permalution securing money in a fundraising round and garnering support for a drinking water project, when it was all placed in jeopardy.
Mar 21, 2025 1:00 AM
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Smith meets Carney, demands oil policy changes and warns national unity at stake
EDMONTON — Alberta Premier Danielle Smith says that in her first face-to-face meeting with the new prime minister she gave him an earful on wildfires and oil sales and warned him national unity hangs in the balance.
Mar 20, 2025 5:50 PM
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Manitoba tables 'Trump-proof' budget with more capital spending, $794-million deficit
WINNIPEG — The Manitoba government is hiking capital spending and introducing new tax rules in a deficit budget aimed at safeguarding the province from tariffs imposed by United States President Donald Trump.
Mar 20, 2025 5:49 PM
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