National Business

Quebecor Inc.'s purchase of Freedom Mobile earlier this year continues to drive growth as it works to solidify itself as Canada's fourth national carrier, chief executive Pierre Karl Péladeau said Thursday.

CALGARY — Suncor Energy Inc. says it has wrapped 1,500 job cuts two months ahead of schedule, but that it will continue to look for areas to trim as part of a wider efficiency push.

LOS ANGELES (AP) — On Thursday, for the first time in more than six months, neither Hollywood's actors nor its writers will be on strike.

TORONTO — Canadian Tire Corp. Ltd. has cut about three per cent of its workforce in its fourth quarter as tougher economic times weigh on consumer's willingness to spend.

VANCOUVER — Bank of Canada senior deputy governor Carolyn Rogers is warning interest rates might not return to the low levels people were used to before the COVID-19 pandemic.

TORONTO — The chief executive of Rogers Communications Inc said the company is well ahead of schedule in its plans to cut costs around half a year into its $26-billion merger with Shaw.

FORT MCMURRAY, Canada (AP) — During a May wildfire that scorched a vast swath of spruce and pine forest in northwestern Canada, Julia Cardinal lost a riverside cabin that was many things to her: retirement project, gift from from her husband, and som

TORONTO — The Canada Pension Plan Investment Board earned a net return of 0.1 per cent in its second quarter. The fund manager says it saw losses in fixed income and weakness in public equities as global markets declined.

MONTREAL — The head of WSP Global Inc. says its spate of acquisitions — four so far this year, plus its biggest ever last fall — is no barrier to future deals by the engineering company, even as interest rates remain high.

Higher interest rates combined with stricter regulations have some Canadians beginning to second-guess the wisdom of investing in a short-term rental property.