National Business

TORONTO — Canada's biggest pension fund earned an eight per cent return last year, but significantly underperformed the 19.9 per cent return of its reference portfolio.

TORONTO — Shopify Inc.'s founder and chief executive Tobi Lütke has joined a group that Facebook and Instagram's parent company has set up to advise its leadership. Meta Platforms Inc.

WASHINGTON (AP) — After several unexpectedly high inflation readings , Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their k

WASHINGTON (AP) — After several unexpectedly high inflation readings , Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their k

CALGARY — The CEO of WestJet Airlines says he is calling for a full federal government review of the way airports and aviation infrastructure in Canada are funded.

MONTREAL — CAE Inc. expects to report a half-billion-dollar loss for its fourth quarter after massive one-time charges linked to its beleaguered defence business.

OTTAWA — Canada's banking regulator says real estate secured lending and mortgages are among the top risks facing the country's financial system as higher interest rates put pressure on borrowers.

MONTREAL — Global strife has boosted demand for Héroux-Devtek Inc. wares, with the continued rebound in commercial travel adding to its record sales last quarter, said CEO Martin Brassard. "The aerospace industry outlook remains very strong.

CALGARY — Imperial Oil Ltd. says it has started production at its new Grand Rapids oilsands project located at its Cold Lake operating site. The Calgary-based company, which is majority owned by U.S.

EL SEGUNDO, Calif. (AP) — Barbie dolls will honor tennis champion Venus Williams and eight other athletes as part of a project announced by Mattel on Wednesday.