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National Business
National Business
Banks pressed on risks in pandemic recovery amid climbing profits
TORONTO — Several Canadian banks have posted blockbuster profit growth this winter — despite the ongoing COVID-19 pandemic — but are facing questions about how long the streak will endure.
Feb 24, 2021 3:32 PM
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FlightHub reaches $5-million settlement after investigation by Competition Bureau
Travel booking company FlightHub Group Inc. reached a $5-million settlement with the Competition Bureau of Canada after an investigation into the company's marketing practices.
Feb 24, 2021 3:30 PM
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Trans Mountain pipeline owner asks regulator to hide identity of its insurers
CALGARY — Federal government-owned Trans Mountain is asking the Canada Energy Regulator to keep secret the identities of the companies that provide insurance coverage for its pipeline system because of fears environmental activists will target them.
Feb 24, 2021 3:29 PM
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Toronto stock market climbs on strong gains by energy and financials sectors
TORONTO — Canada's main stock index had its best day in more than two weeks Wednesday as the energy sector rose and financials was propelled by better-than-expected results from Royal Bank and National Bank.
Feb 24, 2021 3:24 PM
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Cadillac Fairview partners with ReturnBear to ease returns for stores and shoppers
TORONTO — One of Canada's biggest shopping centre operators is teaming up with ReturnBear, a service that allows shoppers to return items from multiple retailers. Cadillac Fairview Corp. Ltd.
Feb 24, 2021 2:32 PM
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Online reservations for thousands of B.C. campsites set to open on March 8
VICTORIA — Camping enthusiasts in British Columbia will be able to book summer campsites in parks across the province starting March 8.
Feb 24, 2021 1:45 PM
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Purolator expanding rural facilities amid demand from remote workers
Purolator Inc. is building up capacity at its more remote distribution centers in response to rising demand from consumers who have fled the city in search of more space amid the pandemic.
Feb 24, 2021 1:36 PM
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Chairman Powell: Fed is in no hurry to raise interest rates
WASHINGTON — Federal Reserve Chairman Jerome Powell told Congress on Wednesday that the central bank will not start raising interest rates until it believes its goals on maximum employment and inflation have been reached.
Feb 24, 2021 12:02 PM
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Crescent Point vows to pay down debt from Shell acquisition with rising oil profits
CALGARY — The CEO of Crescent Point Energy Corp. says the company is poised to benefit from rising oil prices after two years of transformation through selling assets, cutting debt and reducing costs.
Feb 24, 2021 11:25 AM
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Uber survey: 26% of Canadian drivers rate company poor for dependable earnings
SAN FRANCISCO — A new report from Uber Technologies Inc. says its Canadian drivers and couriers don't think they receive dependable earnings.
Feb 24, 2021 10:03 AM
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