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National Business
National Business
Canadian Tire eliminating some corporate jobs amid restructuring
Canadian Tire Corp. Ltd. says it is eliminating some corporate positions.
Jul 29, 2025 3:49 PM
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'Canada will win' race to bring LNG to Asian markets, B.C. Premier David Eby says
KITAMAAT VILLAGE — British Columbia Premier David Eby says Canadian values will help the country "win this race" to deliver liquefied natural gas to Asian markets, even as U.S.
Jul 29, 2025 3:16 PM
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Algoma Steel reports net loss of $110.6M in Q2 amid tariff pressures
SAULT STE. MARIE — Algoma Steel Group Inc. says lower steel shipment volumes and tariffs weighed on its bottom line during the second quarter. The steel maker reported a net loss of $110.6 million during the quarter compared with net income of $6.
Jul 29, 2025 3:13 PM
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Union Pacific and Norfolk seek 1st transcontinental railroad through a massive merger
OMAHA, Neb. (AP) — Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, potentially triggering a final wave of rail mergers across the country.
Jul 29, 2025 3:11 PM
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Hudson's Bay has repeatedly threatened to end lease deal with B.C. billionaire: docs
TORONTO — New court filings say Hudson's Bay has threatened to end a lease deal it has with a B.C. billionaire who wrote directly to a judge twice to try to persuade him to view her favourably.
Jul 29, 2025 2:58 PM
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Assisted-living facility where fire killed 10 temporarily lost certification for mistreatment
A Massachusetts assisted-living facility where a fire killed 10 people earlier this month temporarily lost its certification nearly a decade ago due to resident mistreatment, according to state regulators.
Jul 29, 2025 2:19 PM
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Oil prices help S&P/TSX composite close higher on Tuesday, U.S. markets fall
TORONTO — Canada's main stock index finished higher to cap off trading on Tuesday, benefiting from a rise in oil prices, while U.S. markets moved lower. The S&P/TSX composite index closed up 134.46 points at 27,539.88.
Jul 29, 2025 2:17 PM
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Air Canada sees revenue growth in international markets beyond U.S.
Air Canada says it has been shifting capacity toward high-demand international markets as Canadians' appetite for cross-border travel continues to lag. Passenger revenues from the airline's U.S.
Jul 29, 2025 2:01 PM
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Tax data suggests lethal Canadian arms still being exported to Israel
OTTAWA — Israeli customs data suggests lethal Canadian arms are still being exported regularly to Israel, despite Ottawa's claim that it has halted such shipments.
Jul 29, 2025 1:57 PM
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Wall Street edges back from its records as a busy week picks up momentum
NEW YORK (AP) — U.S. stock indexes edged back from their record levels as a busy week for Wall Street picks up momentum. The S&P 500 fell 0.3% Tuesday after setting all-time highs for six straight days.
Jul 29, 2025 1:04 PM
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