Skip to content
Join our Newsletter
Join our Newsletter

National Business

Canadians can expect higher gas prices from Ukraine war to kick in on Saturday

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.
'Price sensitive' shoppers turn to discount grocery stores as food costs rise: Loblaw

'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.
Caisse posts best performance in more than a decade with 13.5 per cent return in 2021

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.
Teck Resources committed to rebalancing portfolio despite record Q4 profits from coal

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.
Quebecor raises dividend nine per cent after posting steady fourth-quarter results

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.
Emergency powers end but questions linger on future of protest and legacy of actions

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
More Canadians worried about retirement as home prices, inflation rise

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.
Head of RBC says underlying economy still strong despite heightened volatility risk

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.
US slightly revises up its GDP estimate for Q4 to 7%

US slightly revises up its GDP estimate for Q4 to 7%

WASHINGTON (AP) — The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported Thursday in a slight upgrade from its earlier estimate as businesses stepped up their restocking of supplies.
Maple Leaf Foods reports Q4 profit down as labour and production costs rise

Maple Leaf Foods reports Q4 profit down as labour and production costs rise

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. reported its fourth-quarter profit fell compared with a year ago as it faced rising labour and production costs. The company says it earned $1.9 million or two cents per share for the quarter ended Dec.