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National Business
National Business
Keystone XL redux? Trump says he wants defunct oil pipeline back from the dead
CALGARY — U.S.
Feb 25, 2025 1:46 PM
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Canadian consumer confidence hits lowest level since 2023 on U.S. tariff fears
OTTAWA — Fears of a trade dispute with the United States have pushed consumer confidence in Canada to its lowest level in more than a year, according to a new report.
Feb 25, 2025 1:31 PM
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Saskatchewan announces measures to deter production of fentanyl, methamphetamine
SASKATOON, Sask. — Saskatchewan is introducing measures that aim to deter the production, trafficking and use of fentanyl and methamphetamine, the province announced Tuesday.
Feb 25, 2025 1:08 PM
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Stock market today: Wall Street falls as US consumers get more pessimistic about inflation, tariffs
NEW YORK (AP) — Wall Street fell further from its record as worries worsen among U.S. consumers about inflation and tariffs. The S&P 500 fell 0.5% Tuesday for its fourth straight drop after setting an all-time high last week.
Feb 25, 2025 1:04 PM
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Spin Master CEO sees 'volatility' in consumer spending amid tariff drama
TORONTO — Spin Master Corp.'s CEO says he has an eye on "numerous points of volatility" the toy maker could face this year. Max Rangel said Tuesday the Toronto-based company stands to be impacted by 10 per cent tariffs U.S.
Feb 25, 2025 12:39 PM
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Nova Scotia tables bill aimed at reducing interprovincial trade barriers
HALIFAX — Nova Scotia Premier Tim Houston has followed through on his promise to introduce a bill aimed at reducing interprovincial trade barriers, in an effort to boost the economy amid tariff threats by the U.S. president.
Feb 25, 2025 12:23 PM
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Tariff threats putting chill on business activity but not yet on earnings: banks
TORONTO — The threat and uncertainty around tariffs is creating a chill on borrowing and business activity, said Scotiabank and BMO as they kicked off first quarter bank earnings Tuesday.
Feb 25, 2025 11:26 AM
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Scotiabank says tariff fears causing borrowers to hold back but risks 'manageable'
TORONTO — The threat of tariffs is leading to a pullback in borrowing as businesses and consumers wait to see what comes, said Scotiabank.
Feb 25, 2025 10:50 AM
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CDPQ to buy Innergex Renewable Energy in deal valued at $10 billion
MONTREAL — Quebec pension fund manager CDPQ has signed a $10-billion deal to buy Innergex Renewable Energy Inc. in a bid to leave the “short-term” view of stock market investors behind.
Feb 25, 2025 10:11 AM
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UK to raise defense spending to 2.5% of GDP by 2027, Starmer says 2 days before Trump meeting
LONDON (AP) — Prime Minister Keir Starmer pledged Tuesday to raise U.K. defense spending to 2.5% of gross domestic product by 2027, saying Europe is in a new era of insecurity that requires a “generational response.
Feb 25, 2025 9:09 AM
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