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National Business
National Business
Bombardier pledges to avoid business with sanctioned Russian individuals, companies
MONTREAL — The head of Bombardier Inc. said it will steer clear of business with sanctioned Russian individuals, companies and institutions, as Moscow launched an invasion of Ukraine Thursday.
Feb 24, 2022 4:38 PM
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P.E.I. tables budget with $2.7 billion in spending for health, seniors, child care
CHARLOTTETOWN — Prince Edward Island's Progressive Conservative government tabled a budget Thursday with $2.7 billion in spending and a forecast deficit of about $92 million for the 2022-23 fiscal year.
Feb 24, 2022 4:09 PM
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Canadians can expect higher gas prices from Ukraine war to kick in on Saturday
TORONTO — Canadians can expect to pay more at the pump as Russia's attack on Ukraine puts even greater pressure on an already surging oil price environment. Roger McKnight, chief petroleum analyst at En-Pro International Inc.
Feb 24, 2022 4:02 PM
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'Price sensitive' shoppers turn to discount grocery stores as food costs rise: Loblaw
Canadian consumers are increasingly shopping at discount grocery chains, buying store-branded food and choosing less pricey pork or chicken rather than beef in an effort to save money amid soaring inflation, Loblaw Companies Ltd. said Thursday.
Feb 24, 2022 2:35 PM
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Caisse posts best performance in more than a decade with 13.5 per cent return in 2021
MONTREAL — The Caisse de dépôt et placement du Québec posted a 13.5 per cent return last year, its best performance since 2010, with its real estate portfolio showing signs of recovery despite COVID-19 closures.
Feb 24, 2022 1:56 PM
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Teck Resources committed to rebalancing portfolio despite record Q4 profits from coal
Teck Resources Ltd. says it remains committed to rebalancing its portfolio toward less carbon-intensive resources even though soaring prices for steelmaking coal helped push the miner to a record fourth-quarter profit.
Feb 24, 2022 1:49 PM
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Quebecor raises dividend nine per cent after posting steady fourth-quarter results
MONTREAL — Quebecor Inc. raised its quarterly dividend nine per cent after reporting steady results in the fourth quarter with net income attributable to shareholders rising slightly to $160.5 million.
Feb 24, 2022 1:05 PM
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Emergency powers end but questions linger on future of protest and legacy of actions
OTTAWA — The secure perimeter around downtown Ottawa, guarded by police checkpoints, will remain through the weekend as the local force tries to maintain peace and order in Canada's capital city without the extra powers they were granted through the
Feb 24, 2022 12:50 PM
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More Canadians worried about retirement as home prices, inflation rise
MONTREAL — Family time on sun-kissed beaches may feel farther away than ever — and not due to COVID-19. As worries around inflation, home prices and savings rise, Canadians are losing confidence they’ll have enough cash to retire as planned.
Feb 24, 2022 12:15 PM
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Head of RBC says underlying economy still strong despite heightened volatility risk
TORONTO — The head of RBC says market volatility caused by geopolitical risks shouldn't be enough to throw off rate increases and the underlying strength of the economy.
Feb 24, 2022 11:59 AM
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