National Business

CALGARY — The executive chairman of Strathcona Resources Ltd. says his company aims to join two complementary oilsands players with its unsolicited takeover bid for MEG Energy Corp., but one analyst calls the $5.

CALGARY — The May long weekend is when gasoline prices tend to start levelling off ahead of the high-demand summer driving season.

NEW YORK (AP) — U.S. stocks closed out another strong week on a positive note. The S&P 500 rose 0.7% Friday, its fifth gain in a row and bringing its gain for the week to 5.3%. It was the third week of solid gains in the last four.

OTTAWA — The Alberta separatist movement presents a danger to the federal Conservative party, said former Tory member of Parliament Stockwell Day.

TORONTO — With Canadian Tire poised to become the new home for Hudson's Bay and its brands, retail experts say the company will have to balance the integrity and heritage of the 355-year-old department store with the wealth of possibilities its forth

CALGARY — Alberta is putting $6.5 million toward a new initiative at the University of Calgary to study how Canada's relationship with the United States is changing with U.S. President Trump in the White House.

CALGARY — Crude pipeline operator South Bow Corp. has reported a drop in quarterly profits and revenues.

CALGARY — Oil shipper South Bow Corp. is lowering the upper end of its 2025 earnings forecast due to market uncertainty and ongoing pressure restrictions on its Keystone pipeline.

MONTREAL — Small businesses and shipping firms are preparing for a possible Canada Post strike as early as next week, a disruption they warn could strain supply chains and freeze millions of parcels as well as billions of dollars in sales.

WASHINGTON (AP) — In a massive setback, House Republicans failed Friday to push their big package of tax breaks and spending cuts through the Budget Committee, as a handful of conservatives joined all Democrats in a stunning vote against it.