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National Business
National Business
CGI feels effects of U.S. government cuts as American bookings slow
MONTREAL — The head of CGI Inc. says bookings by U.S. government clients dropped sharply in its latest quarter amid economic uncertainty and a spending crackdown by a task force led by billionaire Elon Musk.
Apr 30, 2025 12:47 PM
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Activist investor hasn't cleared bar to take control of Parkland board: advisory firm
CALGARY — A prominent shareholder advisory firm says a dissident investor has not cleared the bar to justify taking control of Parkland Corp.'s board of directors, but there is a case for change.
Apr 30, 2025 12:36 PM
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BoC opted for wait-and-see approach to rates amid shifting trade policy: summary
Uncertainty about both the rapidly changing U.S. trade policy and the impact it’s having on the Canadian economy dominated discussion by the Bank of Canada governing council in the lead-up to its interest rate hold earlier this month.
Apr 30, 2025 11:08 AM
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'Still fresh in minds': Vietnamese community marks 50 years since fall of Saigon
EDMONTON — Seventy-year-old Tan Hoang vowed he would never return to Vietnam after fleeing the country with his family on a makeshift wooden boat.
Apr 30, 2025 11:05 AM
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Capital Power focused on closing $3-billion U.S. power plant deal
The chief executive of Capital Power Corp. said a key focus in the months ahead will be digesting two soon-to-be purchased U.S. natural gas power plants.
Apr 30, 2025 10:53 AM
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U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses
The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump's trade wars disrupted business.
Apr 30, 2025 10:34 AM
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Loblaw still adding Canadian products but CEO says 'Buy Canadian' trend may not last
Loblaw Cos. Ltd. says it's still working to stock its grocery store shelves with more Canadian products as shoppers look for local alternatives during the Canada-U.S. trade war, but the company's chief executive admits the shift may not last.
Apr 30, 2025 9:43 AM
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Algoma Steel reports loss as tariffs, pricing weigh on results
SAULT STE. MARIE — Algoma Steel Group Inc. says Canada's steel market is under increasing pressure from weakening prices brought on by tariffs and imports, but that its major retrofit of its furnace system should help with costs ahead.
Apr 30, 2025 9:02 AM
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US inflation cools and Americans step up spending as they brace for tariff impact
WASHINGTON (AP) — A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Donald Trump’s tariffs were implemented .
Apr 30, 2025 8:05 AM
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As deadlines near for Hudson's Bay and its leases, there are glimmers of hope
The clock is ticking down on two deadlines that may determine the fate of Hudson's Bay.
Apr 30, 2025 8:02 AM
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