Skip to content

National Business

George Weston reports $258 million Q2 profit, announces stock split

George Weston reports $258 million Q2 profit, announces stock split

TORONTO — George Weston Ltd. says its second-quarter profit available to common shareholders amounted to $258 million, down from $400 million in the same quarter last year. The company, which holds large interests in Loblaw Cos. Ltd.
Read more >
Union Pacific announces bid for Norfolk Southern to create transcontinental railroad

Union Pacific announces bid for Norfolk Southern to create transcontinental railroad

OMAHA, Neb. (AP) — Union Pacific is seeking to buy Norfolk Southern in a deal valued at $85 billion in a merger that could trigger the final wave of railroad mergers across the country.
Read more >
Air Canada reports Q2 earnings of $186 million in "challenging environment"

Air Canada reports Q2 earnings of $186 million in "challenging environment"

MONTREAL — Air Canada says it had a net income of $186 million in the second quarter, down from $410 million in the same quarter last year, in what it characterized as a "challenging environment.
Read more >
UnitedHealth falls short of second quarter expectations and offers weak outlook for 2025

UnitedHealth falls short of second quarter expectations and offers weak outlook for 2025

UnitedHealth missed Wall Street’s second-quarter earnings expectations and offered a new and conservative take on the rest of 2025.
Read more >
Provincial deficits to narrow in coming years despite trade war: report

Provincial deficits to narrow in coming years despite trade war: report

OTTAWA — Under pressure from the U.S. trade war and a slowing economy, Canada's provinces are all expected to run fiscal deficits this year — but a Conference Board of Canada report predicts those deficits will narrow in the coming years.
Read more >
Heat warnings span B.C. Interior, southern areas to see temperatures up to 37 C

Heat warnings span B.C. Interior, southern areas to see temperatures up to 37 C

VANCOUVER — Environment Canada has issued heat warnings for a swath of British Columbia's Interior stretching from Grand Forks near the U.S. border to areas north of Prince George.
Read more >
N.S. reform of care of people with disabilities behind in housing 'complex' cases

N.S. reform of care of people with disabilities behind in housing 'complex' cases

HALIFAX — There's been a surge in the number of Nova Scotians with complex disabilities stuck in temporary housing, according to recent figures released by the province.
Read more >
'Equal funding is the answer': Eby says Ottawa must lift subsidy for B.C. ferry users

'Equal funding is the answer': Eby says Ottawa must lift subsidy for B.C. ferry users

VICTORIA — Premier David Eby has called for the federal government to float more money for ferry users in British Columbia, adding that equal funding "is the answer," after Ottawa cut ferry rates in Atlantic Canada.
Read more >
Carney says trade talks in 'intense phase' after Trump scores win with European Union

Carney says trade talks in 'intense phase' after Trump scores win with European Union

WASHINGTON — Prime Minister Mark Carney said Monday that Canada's negotiations with the United States are in an "intense phase" after President Donald Trump achieved a critical agreement with the European Union days away from his tariff deadline.
Read more >
Advocates question fairness as federal government backs away from pharmacare program

Advocates question fairness as federal government backs away from pharmacare program

OTTAWA — Reproductive health advocates say the federal government's failure to commit to funding pharmacare in all provinces and territories is leaving people with a lot of uncertainty, and could create inequality across the country.
Read more >