National Business

TORONTO — Several Canadian tech organizations are forming a group to advance the country's semiconductor industry. The group is called the Semiconductor Industry Leadership and Innovation Canada Action Network.

Retail sales growth in Canada is continuing to outperform much of the world so far this year, a sign of the ongoing resiliency of Canadian shoppers despite higher inflation and recession predictions, a new report has found.

Marty Walsh wasn't a man in a hurry to leave the Biden administration. Less than halfway through the president's term, Walsh was in a comfortable spot in the Cabinet as labor secretary.

TORONTO — For as long as she has worked, Marie Chevrier Schwartz has paid into Canada's Employment Insurance program. Yet when she eventually needed to collect the benefit, she was denied support.

TORONTO — Five things to watch for in the Canadian business world in the coming week: OSFI domestic stability buffer The Office of the Superintendent of Financial Institutions will make its semi-annual announcement Tuesday regarding the domestic stab

WestJet will wind down Sunwing Airlines and integrate the low-cost carrier into its mainline business within two years as part of a strategy to streamline operations amid fierce competition.

TD Bank says it has fixed the technical problems that kept some account holders from getting paid on Friday.

OTTAWA — Canada says it has regained market access to Taiwan for Canadian beef and beef products from animals over 30 months of age.

TORONTO — Canaccord Genuity Group Inc. says its net loss attributable to common shareholders for the fourth quarter was $7.2 million, down 113 per cent from a net income of $56.3 million a year earlier.

BOUCHERVILLE, Que. — RONA Inc. says Andrew Iacobucci is taking the helm as the company's new CEO.