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National Business
National Business
Federal government posts $70.1B deficit for April-to-December period
OTTAWA — The federal government posted a budgetary deficit of $70.1 billion for the April-to-December period of its 2021-22 fiscal year. In its monthly fiscal monitor report, the Finance Department says the result compared with a deficit of $248.
Feb 25, 2022 11:03 AM
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Hydro One reports $159M Q4 profit, down from $161M a year ago
TORONTO — Hydro One Ltd. reported a fourth-quarter profit attributable to common shareholders of $159 million, down from $161 million a year earlier. The utility says the profit amounted to 27 cents per share for the quarter ended Dec.
Feb 25, 2022 8:47 AM
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J&J, distributors finalize $26B landmark opioid settlement
CAMDEN, N.J.
Feb 25, 2022 8:28 AM
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CWB Financial reports Q1 profit up from year ago, beats expectations
EDMONTON — CWB Financial Group reported its first-quarter profit rose compared with a year ago and beat expectations. The Edmonton-based bank says the profit attributable to common shareholders amounted to $87.
Feb 25, 2022 7:54 AM
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Hudson's Bay closing one of two downtown Toronto stores in May
TORONTO — Hudson's Bay is closing one of its two stores in downtown Toronto after 48 years. The department store retailer says its Bloor Street location will close May 31, joining stores in Edmonton, Winnipeg and Dorval, Que.
Feb 24, 2022 6:45 PM
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Canfor plans to sell forest tenure in Mackenzie region of B.C. to two First Nations
VANCOUVER — Canfor Corp. has signed a letter of intent to sell its forest tenure in the Mackenzie region of British Columbia to two First Nations.
Feb 24, 2022 6:24 PM
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World leaders slap sanctions on the Kremlin over invasion
BRUSSELS (AP) — World leaders Thursday condemned Russia's invasion of Ukraine as “barbaric” and quickly slapped heavy sanctions on the Russian economy, President Vladimir Putin's inner circle and many of the country's oligarchs.
Feb 24, 2022 6:21 PM
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Baytex earns $563 million in fourth quarter, announces share buyback program
CALGARY — Baytex Energy Corp. says it earned $563 million and continued to pay down debt in the fourth quarter of 2021 against the backdrop of surging oil and gas prices.
Feb 24, 2022 6:00 PM
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Wall Street reels, then recovers after invasion of Ukraine
NEW YORK (AP) — Markets swung wildly Thursday as the world reacted to Russia’s invasion of Ukraine . Stocks in Europe fell sharply, while stocks in the U.S.
Feb 24, 2022 5:54 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,761.93, up 17.76 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 56 cents, or 2.2 per cent, to $25.44 on 23.
Feb 24, 2022 5:47 PM
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