Skip to content
Join our Newsletter

National Business

US paves way for resumption of Mexico avocado exports

US paves way for resumption of Mexico avocado exports

MEXICO CITY (AP) — The U.S. Embassy announced Friday that Washington is lifting a ban on inspections of Mexican avocados, freeing the way for exports to resume.
Elon Musk's $5.7B donation sparks questions about giving

Elon Musk's $5.7B donation sparks questions about giving

Leave it to Elon Musk to stir up controversy without saying — or tweeting — a word. In November, according to a regulatory filling, the Tesla CEO donated to charity about 5 million shares of company stock, worth $5.7 billion.
Federal Reserve approves stricter trading rules

Federal Reserve approves stricter trading rules

WASHINGTON (AP) — The Federal Reserve on Friday formally adopted sweeping new rules that will limit the ability of its top officials to invest in financial markets, a change intended to prevent conflicts of interest involving investments affected by
Cost of Trans Mountain pipeline expansion soars 70 per cent to $21.4 billion

Cost of Trans Mountain pipeline expansion soars 70 per cent to $21.4 billion

CALGARY — An eye-popping 70 per cent increase in the projected price tag for the Trans Mountain expansion was met Friday by jeers from environmental groups and a pledge from the federal government to put no additional public money toward the project.
Postmedia to buy Irving's N.B. newspaper chain in $16.1M cash-and-share deal

Postmedia to buy Irving's N.B. newspaper chain in $16.1M cash-and-share deal

TORONTO — The door could open up for greater media competition in New Brunswick as Toronto-based Postmedia gears up to purchase all of the daily and weekly newspapers owned by the Irving family for more than $16 million in cash and shares.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,008.20, down 168.13 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 62 cents, or 1.6 per cent, to $37.06 on 9.6 million shares.
Schembri retiring after nine years as Bank of Canada deputy governor

Schembri retiring after nine years as Bank of Canada deputy governor

OTTAWA — The Bank of Canada says Lawrence Schembri is retiring in June after 25 years at the country's central bank, including nine as deputy governor.
S&P/TSX composite falls to end losing week dominated by geopolitical tensions

S&P/TSX composite falls to end losing week dominated by geopolitical tensions

TORONTO — Canada's main stock index closed the book on a losing week as lingering worries about a potential invasion of Ukraine by Russia persisted ahead of a long weekend.
Alta. homeowners feel pinch of high commodity prices as utility bills spike

Alta. homeowners feel pinch of high commodity prices as utility bills spike

CALGARY — Alberta's oil and gas sector is awash with cash and the province's books could be headed back into the black this year, but residents of the energy-producing province are experiencing the downside of the commodity price boom on their utilit
White House accuses Russia of cyberattacks targeting Ukraine

White House accuses Russia of cyberattacks targeting Ukraine

WASHINGTON (AP) — The White House blamed Russia on Friday for recent cyberattacks targeting Ukraine's defense ministry and major banks.