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National Business
National Business
Russia suspends only remaining major nuclear treaty with US
MOSCOW (AP) — Russian President Vladimir Putin declared Tuesday that Moscow was suspending its participation in the New START treaty — the last remaining nuclear arms control pact with the United States — sharply upping the ante amid tensions with Wa
Feb 21, 2023 11:20 AM
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BMO Financial Group and BNP Paribas sign commercial banking deal
TORONTO — BMO Financial Group has signed a deal with BNP Paribas for a long-term agreement to help support its commercial banking clients. BMO completed its acquisition of California-based Bank of the West from BNP Paribas on Feb. 1.
Feb 21, 2023 10:36 AM
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Suncor announces Rich Kruger as new president and CEO
CALGARY — A familiar face is returning to Canada's oil industry. Rich Kruger, who led Imperial Oil Ltd. as president and CEO from 2013 until his retirement in 2019, has been named the new chief executive of Suncor Energy Inc.
Feb 21, 2023 10:35 AM
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Canada's annual inflation rate slowed in January, serving good news for the BoC
OTTAWA — The annual inflation rate slowed more than expected in January, suggesting the Bank of Canada is likely content with its decision to pause rate hikes as price pressures continue to ease.
Feb 21, 2023 10:20 AM
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4-day workweek trial: Shorter hours, happier employees
LONDON (AP) — Work less, get more.
Feb 21, 2023 8:56 AM
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US home sales fell again in January; prices edged higher
LOS ANGELES (AP) — The nation's housing slump dragged on into January as home sales fell for the 12th consecutive month to the slowest pace in more than a dozen years. The National Association of Realtors said Tuesday that existing U.S.
Feb 21, 2023 8:38 AM
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Teck Resources to split company and spin off steelmaking coal business
CALGARY — Teck Resources Ltd. has announced a plan to split the company in two, separating its steelmaking coal business from its base metals operations.
Feb 21, 2023 8:25 AM
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The cost of these grocery items went down in January
Statistics Canada said Tuesday that January's grocery prices were up 11.4 per cent from a year ago and 11 per cent from December, even as the country's annual inflation rate slowed to 5.9 per cent last month.
Feb 21, 2023 8:17 AM
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Ukraine appeals to Canada's rail manufacturers to repair war-damaged lifeline
LVIV, Ukraine — Ukraine wants Canada to lend its expertise — and donate crucial railway parts — to keep its embattled passenger and cargo rail system running as landmines and missile strikes threaten to stall the country's lifeline.
Feb 21, 2023 7:33 AM
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Molson Coors reports higher sales in its latest quarter amid net loss
MONTREAL — Molson Coors Beverage Co. reported a net loss US$590.5 million in its latest quarter, down from a profit of US$80 million in the same period a year ago. The brewer, which reports in U.S.
Feb 21, 2023 7:03 AM
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