National Business

HALIFAX — Ottawa is providing $1 million for an undersea testing platform at a Halifax-area ocean research facility.

TORONTO — One of Canada's biggest commercial real estate owners and operators says the sector is struggling with ongoing COVID-19 lockdowns, but most of its tenants have managed to stay open and pay their rent.

BRUSSELS — Despite deep uncertainty over a surge in coronavirus cases and the impact of new variants of the disease, senior European Commission officials on Thursday expressed cautious optimism that European economies will rebound later this year and

LONDON — Royal Dutch Shell, one of the multinationals that has defined the oil industry, is slowly turning away from the fossil fuel that made its fortune over the decades but also worsened a global climate crisis.

CALGARY — Investors applauded with higher stock prices for both Arc Resources Ltd. and Seven Generations Energy Ltd. on Thursday following the announcement of an oilpatch marriage one analyst described as "a merger of high quality equals.

When Catherine Ikeda-Blazys moved next door to her aging parents eight years ago, it was the perfect spot for her to care for them in their golden years.

TORONTO — Brookfield Asset Management Inc. raised its dividend as it reported a fourth-quarter profit of US$1.8 billion, up from US$1.6 billion a year earlier. The asset manager, which keeps its books in U.S.

HALIFAX — Canadians are expected to spend less this Valentine’s Day as COVID-19 lockdowns and ongoing economic uncertainty dampens consumer enthusiasm for the February mass-market holiday, retail experts say.

LOS ANGELES — Lucasfilm says Gina Carano is no longer a part of “The Mandalorian” cast after many online called for her firing over a social media post that likened the experience of Jews during the Holocaust to the U.S. political climate.

EDMONTON — Alberta Premier Jason Kenney, responding to two of his United Conservative caucus members who are openly challenging his government's COVID-19 economic lockdown rules, says it’s a matter of free speech.