National Business

HBC is backing out of its plan to operate a store at the redeveloped Oakridge Park in Vancouver. The Toronto-based retailer says it recently reached an agreement with QuadReal Properties allowing it to exit from the mixed-use project.

TORONTO — Exchange-traded funds have long been a solid pick for investors looking to passively track an index like the S&P 500, while mutual funds were a good bet for active management of portfolios.

TORONTO — A new report says inflation and employee burnout are topping concerns for Canadian businesses for this year and next.

MELBOURNE, Australia (AP) — A social media ban for children under 16 passed the Australian Senate Thursday and will soon become a world-first law.

MELBOURNE, Australia (AP) — The Australian Senate passed a social media ban for young children on Thursday that will soon become a world-first law.

OTTAWA — Unity among provinces and the federal government is critical in the face of the grave challenge posed by the threat of massive new import tariffs from Canada's closest trading partner, Deputy Prime Minister Chrystia Freeland said Wednesday f

A 25-per-cent U.S. tariff on Canadian goods would be "devastating" for the province's lumber and forestry industries, British Columbia Premier David Eby said Wednesday ahead of a meeting with fellow premiers and the prime minister.

OTTAWA — The Liberal government introduced a stand-alone bill to implement its proposed GST holiday Wednesday, hours after the NDP threatened it would not pass the legislation if it was linked to a $250 rebate for working Canadians.

EDMONTON, ALBERTA, CANADA — Federal Environment Minister Steven Guilbeault says Alberta's plan to make greenhouse gas emissions data the property of the provincial government could lead to oil and gas companies breaking federal laws.

WASHINGTON (AP) — The American economy expanded at a healthy 2.