Skip to content

National Business

Grocery and drugstore retailer Metro reports Q2 profit and sales up from year ago

Grocery and drugstore retailer Metro reports Q2 profit and sales up from year ago

MONTREAL — Metro Inc. reported a second-quarter profit of $220.0 million, up from $187.1 million a year ago, as its sales rose 5.5 per cent.
Competition Bureau opens review of deal involving MEC and TGI Holding

Competition Bureau opens review of deal involving MEC and TGI Holding

OTTAWA — Canada's competition regulator has opened a review of a deal involving retailer Mountain Equipment Co. Ltd. and TGI Holding Inc. It was not immediately clear who owns TGI Holding or what a deal would mean for MEC.
China's economy grew 5.4% in the first quarter as exporters rushed to beat Trump's tariffs

China's economy grew 5.4% in the first quarter as exporters rushed to beat Trump's tariffs

BANGKOK (AP) — China's economy expanded at a 5.4% annual pace in January-March, the government said Wednesday, supported by strong exports ahead of U.S. President Donald Trump’s rapid increases in tariffs on Chinese products.
China appoints a new trade negotiator during tariff fight with the US

China appoints a new trade negotiator during tariff fight with the US

TAIPEI, Taiwan (AP) — China appointed a new trade negotiator Wednesday in the midst of its tariff fight with the U.S.
Bank of Canada set to make interest rate decision amid trade war

Bank of Canada set to make interest rate decision amid trade war

OTTAWA — The Bank of Canada is set to make an interest rate decision today amid looming trade war impacts to the economy. The central bank cut its policy rate by a quarter point to 2.75 per cent at its most recent decision in March.
Gas firm says a contractor is dead in a gas plant fire near Fort St. John, B.C.

Gas firm says a contractor is dead in a gas plant fire near Fort St. John, B.C.

FORT ST. JOHN — A contractor has been killed and another person hurt in a fire in a gas plant north of Fort St. John, B.C. Alberta-based Tourmaline Oil, which runs the Gundy oil and gas extraction facility in Wonowon, B.C.
AFC Toronto gets new majority owner just days ahead of debut in Northern Super League

AFC Toronto gets new majority owner just days ahead of debut in Northern Super League

TORONTO — Just days ahead of its debut in the Northern Super League, AFC Toronto has a new majority owner in Mark Mitchell.
First Nation launches challenge of B.C.'s approval to raise Mount Polley mine dam

First Nation launches challenge of B.C.'s approval to raise Mount Polley mine dam

VANCOUVER — A British Columbia First Nation has filed a legal challenge over the plan to allow the Mount Polley mine to raise its tailings dam a decade after a similar storage site at the mine gave way, creating one of the province's largest environm
California governor urges Canadians to ignore Trump, come back for sand, sun and wine

California governor urges Canadians to ignore Trump, come back for sand, sun and wine

Canadians’ boycott of travel to the U.S. is hitting hard on California’s sandy shores, prompting the state’s governor to make a social media pitch-plea to come back. Gov.
Honda confirms no plans to reduce Canadian auto production amid trade war

Honda confirms no plans to reduce Canadian auto production amid trade war

TORONTO — Honda is not shifting any Canadian production to the United States, at least not for now, the company said Tuesday in response to a report that it was considering such a move.