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National Business
National Business
Hudson's Bay closures to cause job losses well beyond the retailer
TORONTO — When Hudson's Bay closes the vast majority of its stores in June, the job losses will extend beyond the storied retailer's own workforce.
Apr 4, 2025 1:00 AM
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New and used car prices set to rise due to Trump tariffs: experts
Experts say U.S. tariffs on Canadian auto imports will drive prices higher for both new and used cars.
Apr 4, 2025 1:00 AM
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StatCan's March jobs figures to give glimpse at tariff hit to labour market
OTTAWA — Statistics Canada is expected to release employment figures for March today. Economists polled by Reuters expect a gain of 10,000 jobs in the month, and for the unemployment rate to rise by a tenth of a point to 6.7 per cent.
Apr 4, 2025 1:00 AM
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Alberta oil well report updated after concerns over taxpayer backstop recommendation
A new version of a government-commissioned report about Alberta's inactive oil wells and what to do about them now says the province should manage a new insurance fund, rather than backstop it with taxpayer funding.
Apr 3, 2025 5:15 PM
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High anxiety over softwood lumber despite tone change from U.S.: B.C. premier
British Columbia's premier said Thursday he is encouraged to see a shifting tone in U.S. President Donald Trump's talks with Canada, but concerns remain about how tariffs could devastate the province's softwood lumber sector.
Apr 3, 2025 5:12 PM
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Yukon targets Elon Musk's companies in response to U.S. tariffs
The Yukon government says it's ending rebates for all Tesla products, as it targets companies associated with tech entrepreneur Elon Musk, who is also a senior adviser to U.S. President Donald Trump.
Apr 3, 2025 5:06 PM
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Prime Minister Mark Carney says Canada will match U.S. auto tariffs
OTTAWA — Prime Minister Mark Carney said Thursday that Canada will hit back against U.S. President Donald Trump's 25 per cent auto tariffs with matching levies on vehicles imported from the United States.
Apr 3, 2025 4:25 PM
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B.C. bumps up rental subsidy programs for seniors, low-income families
Recipients of two British Columbia programs aimed at making rent more affordable for seniors and families in need will see a bump in their subsidies starting this month.
Apr 3, 2025 3:39 PM
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Alberta premier says latest U.S. tariffs hard to celebrate, but give time for talks
CALGARY — Alberta Premier Danielle Smith says she doesn't want to be "exuberant about dodging the bullet" with U.S.
Apr 3, 2025 3:21 PM
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Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock
NEW YORK (AP) — Wall Street shuddered, and a level of shock unseen since COVID’s outbreak tore through financial markets worldwide Thursday on worries about the damage President Donald Trump’s newest set of tariffs could do to economies across contin
Apr 3, 2025 2:50 PM
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