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National Business
CWB reports Q2 profit down from year ago, raises quarterly dividend
EDMONTON — CWB Financial Group raised its quarterly dividend as it reported its second-quarter profit fell compared with a year ago and said it was targeting lower annual loan growth than previously expected.
May 26, 2023 8:05 AM
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Teck Resources promotes Ian Anderson to chief commercial officer
VANCOUVER — Teck Resources Ltd. has promoted Ian Anderson to the post of chief commercial officer as the company continues work on a plan to separate its base metal and steelmaking coal operations.
May 26, 2023 8:02 AM
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Political divisiveness a threat to Alberta economy, business groups say
CALGARY — As the Alberta election campaign heads into its final days, business groups are warning that increased divisiveness and political extremism poses a threat to the province's economic future.
May 26, 2023 4:00 AM
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Spring flood risks highlight lack of insurance for Canadian homeowners: experts
As the spring season brings higher flood risk to Canadians, as seen in British Columbia recently, experts say many homeowners remain without adequate insurance to cover extreme weather’s damage to their homes.
May 26, 2023 4:00 AM
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Stock market today: Asian markets mixed as US government debt talks push toward brink of default
NEW YORK — Asian markets were mixed Friday as a deadline loomed for Congress to reach a deal on the U.S. government debt or face a potentially calamitous default . Tokyo and Seoul rose while Shanghai and Sydney fell.
May 26, 2023 12:15 AM
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Air Canada briefly grounds flights due to computer system problem
MONTREAL — Air Canada briefly grounded its planes Thursday due to a problem with its computer system, delaying nearly half its flights.
May 25, 2023 9:41 PM
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Lululemon promises 2,600 new jobs after exemption from some immigration rules
Vancouver-based company Lululemon says it will expand its headquarters in the city and create 2,600 jobs over the next five years.
May 25, 2023 8:25 PM
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Police lay no charges against former Unifor head Jerry Dias in alleged bribery case
TORONTO — Former Unifor president Jerry Dias was not charged as the result of an investigation launched last year into allegations that the longtime union leader accepted a bribe, Toronto police said Thursday.
May 25, 2023 6:45 PM
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Prince Edward Island government forecasts $98-million deficit in annual budget
CHARLOTTETOWN — The Prince Edward Island government tabled a $3.09-billion budget Thursday that forecasts a $97.6-million deficit and a promise to spend money for a new medical school to help the frail health-care sector.
May 25, 2023 6:27 PM
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Highlights from Prince Edward Island's 2023-24 annual provincial budget
CHARLOTTETOWN — The Prince Edward Island government tabled a $3.09-billion budget Thursday. Here are some highlights: — A projected deficit of $97.6 million on total revenues of $2.99 billion and expenditures of $3.09 billion.
May 25, 2023 5:55 PM
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