National Business

CALGARY — Oilsands giant Cenovus Energy Corp. has been cited by industry watchers as one of the potential competing bidders for MEG Energy Corp., which has spurned an unsolicited offer from Strathcona Resources Ltd.

Consumers don't want to pay for it. Automakers are still pushing hard. In-car subscriptions have become a growing obsession for many automakers which see strong revenue potential from recurring customer payments.

TORONTO — Hudson's Bay has reached deals to sell the leases of six store locations as legal wrangling continues on work to close a deal to sell up to 25 leases to B.C. billionaire Ruby Liu. Legal filings show clothing retailer YM Inc.

Canada's main stock index capped off the week with a more than 100-point bump on Friday, while U.S. markets set more records even as the latest U.S. tariff deadline looms. The S&P/TSX composite index closed up 122.09 points at 27,494.35.

WASHINGTON — U.S. President Donald Trump said Friday his administration hasn't "had a lot of luck with Canada" in its trade negotiations, tempering expectations of a deal ahead of next week's deadline to avert tariffs.

TORONTO — Rogers Communications Inc. is joining a growing list of companies asking its employees to return to the office. The telecom company says it will require its corporate employees to be in the office four days a week starting in October.

OTTAWA — The Canadian Nurses Association says it hopes the new "united Team Canada" approach at the Council of the Federation will lead to harmonization of nurses' licences across the country.

MONTREAL — Winning still feels great for Gabriela Dabrowski, but it’s not the be-all and end-all like it used to be. Ever since her battle with cancer last year, swinging a tennis racket has taken on a new meaning.

NEW YORK (AP) — Stocks climbed to more records on Wall Street. The S&P 500 rose 0.4% Friday, setting an all-time high for the fifth time this week. The Dow Jones Industrial Average rose 0.5%, and the Nasdaq composite added 0.

Three contractors were rescued late Thursday after more than 60 hours trapped underground at the Red Chris gold and copper mine in northern B.C. Here is a timeline of how the situation unfolded (all times Pacific): July 22, 2025, 6 a.m.