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National Business
National Business
Competition Bureau clarifies expectations around new greenwashing rules
GATINEAU, Que. — The Competition Bureau released draft guidelines on Monday that aim to clarify expectations around new greenwashing rules.
Dec 23, 2024 12:13 PM
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CN Rail cleans up after derailment plunges cars carrying grain into Fraser River
VANCOUVER — A derailment has sent rail cars carrying grain plunging into the Fraser River, and CN Rail says it's working to restore the tracks near Boston Bar, B.C.
Dec 23, 2024 12:02 PM
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Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being squeezed by discount chains and other competition.
Dec 23, 2024 10:09 AM
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Ottawa names new president and CEO of Export Development Canada
OTTAWA — The federal government has named Alison Nankivell the new president and chief executive officer of Export Development Canada, succeeding Mairead Lavery who helmed the Crown corporation for the past six years.
Dec 23, 2024 8:51 AM
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Nissan and Honda to attempt a merger that would create the world's No. 3 automaker
TOKYO (AP) — Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales, as the industry undergoes dramatic changes in its transition away from fossil fuels.
Dec 23, 2024 8:28 AM
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Manitoba government to reinstate fuel tax, but at a reduced rate
WINNIPEG — The Manitoba government is ending its yearlong fuel tax holiday but bringing back the levy at a lower rate.
Dec 23, 2024 8:25 AM
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Vermilion Energy announces $1B deal to buy Westbrick, bolstering scale in Deep Basin
CALGARY — Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion.
Dec 23, 2024 7:14 AM
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Statistics Canada reports real GDP grew 0.3 per cent in October
OTTAWA — Statistics Canada says the economy grew 0.3 per cent in October, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September.
Dec 23, 2024 7:05 AM
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The rent-a-friend industry is booming among Canada's Chinese diaspora
Beijia Ge's work duties change on an hourly basis. The Kingston, Ont., resident might be chatting with Chinese students about their secrets and challenges, or helping someone pack a suitcase, or baking cakes with a senior citizen.
Dec 23, 2024 1:00 AM
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CN, railworkers strike new deal avoiding potential strike
OTTAWA — The union representing some 3,000 railworkers says it has reached a new deal with Canadian National Railway Co.
Dec 22, 2024 1:29 PM
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