National Business

The Office of the Superintendent of Bankruptcy said Tuesday that the number of insolvencies filed by Canadian companies in 2022 was up 37.2 per cent compared with 2021 — and at least one business organization predicts that figure will keep growing.

CALGARY — The union representing WestJet pilots says contract negotiations with the airline have been unproductive and federal conciliation may be needed to avert a strike.

OTTAWA — One-third of Canadian households say their financial situation has worsened over the last year, with families in lower income brackets more likely to report being worse off, a new poll suggests.

KYIV, Ukraine (AP) — Germany, Denmark and the Netherlands announced Tuesday that they plan to provide Ukraine with at least 100 refurbished Leopard 1 battle tanks, a pledge that comes as Kyiv anticipates a new Russian offensive around the anniversary

LONDON (AP) — British energy firm BP reported record annual earnings Tuesday, fueling demands that the U.K. government boost taxes for companies benefiting from the high price of oil and natural gas after Russia’s invasion of Ukraine .

Luxury outerwear maker Canada Goose Holdings Inc. has charted a new five-year growth path it says could nearly triple its annual revenue by 2028.

OTTAWA — Canada posted a merchandise trade deficit of $160 million in December as both exports and imports fell compared with November, Statistics Canada said Tuesday.

MONTREAL — When Pablo Mhanna-Sandoval received his offer of admission for law school in the spring of 2022, he immediately started securing a student line of credit.

CALGARY — Against the backdrop of a global pilot shortage, hopefuls aspiring to a career in the skies say their Canadian licensing applications are taking far too long to process.

TORONTO — Canadian cryptocurrency company Hut 8 Mining Corp. says it has signed a deal to merge with U.S. Data Mining Group Inc., the company behind US Bitcoin Corp. Under the agreement, the combined company will be named Hut 8 Corp.