National Business

TORONTO — The threat and uncertainty around tariffs is creating a chill on borrowing and business activity, said Scotiabank and BMO as they kicked off first quarter bank earnings Tuesday.

TORONTO — The threat of tariffs is leading to a pullback in borrowing as businesses and consumers wait to see what comes, said Scotiabank.

MONTREAL — Quebec pension fund manager CDPQ has signed a $10-billion deal to buy Innergex Renewable Energy Inc. in a bid to leave the “short-term” view of stock market investors behind.

LONDON (AP) — Prime Minister Keir Starmer pledged Tuesday to raise U.K. defense spending to 2.5% of gross domestic product by 2027, saying Europe is in a new era of insecurity that requires a “generational response.

WASHINGTON (AP) — U.S.

Apple shareholders are expected to reject an attempt to pressure the technology trendsetter into scrapping corporate programs designed to diversify its workforce.

To someone who doesn’t have a lot of assets, knowing their net worth might seem pointless, but experts say it’s an important indicator of financial health, no matter how big or small the number.

TORONTO — The Canadian agriculture industry needs to expand its international exports to hold its own against U.S. tariffs and global competitors, according to a new report from RBC.

TORONTO — Dye & Durham Ltd. says it has received an unsolicited offer to buy the company, but that it is not in talks regarding any such deal.

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. reported a profit of $53.5 million in its fourth quarter compared with a loss of $9.3 million a year earlier. The company says the profit amounted to 43 cents per share for the quarter ended Dec.