National Business

TORONTO — Cautious borrowers and a worsening economic outlook pushed Scotiabank earnings slightly down in the second quarter from last year as the bank put aside more money for potentially bad loans ahead. The bank reported a net income of $2.

TORONTO — More than 8,300 workers will have lost their job and some benefits by the time Hudson's Bay closes all of its stores at the start of June, new court documents filed by the collapsing retailer say.

OTTAWA — InterRent Real Estate Investment Trust has signed a deal to be acquired by a group including executive chair Mike McGahan and Singapore sovereign wealth fund GIC for about $2 billion.

President Donald Trump's media company said Tuesday that institutional investors will buy $2.5 billion in the company's stock with the proceeds going to build up a bitcoin reserve. About 50 institutional investors will put up $1.

President Donald Trump's media company said Tuesday that institutional investors will buy $2.5 billion in the company's stock with the proceeds going to build up a bitcoin reserve. About 50 institutional investors will put up $1.

There's a deepening divide between consumers in the face of economic uncertainty as those missing payments rose compared with a year ago, a new Equifax report shows.

HALIFAX — At a Mezza Lebanese Kitchen restaurant, Tony Nahas demonstrates slicing from a spit of roasting chicken much as his father did — with a razor-sharp knife dropping the aromatic meat from grill to gathering tray.

WASHINGTON (AP) — Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to its lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety over the impact of President Don

OTTAWA — When representatives of NATO nations meet in The Hague late next month, they're expected to dramatically hike the alliance's defence spending target for members — the one Canada is failing to hit already.

A down payment is a big step for homebuyers, but definitely not the only one. As a realtor in the Halifax market, Sandra Pike estimates less than half of buyers she sees are actually ready to buy a home.