National Business

MONTREAL — Convenience store giant Alimentation Couche-Tard Inc. said its profits rose in the fourth quarter as consumers travelled more and it continued to expand its global network. The Laval, Que.

CALGARY — Canadians heading out on the road for the July 1 long weekend are going to find filling up at the pumps much less shock-inducing than it was a year ago. The national average gasoline price hit an all-time high — surpassing $2.

FRANKFURT, Germany (AP) — Leading global central bankers asserted Wednesday that they are not backing off their steep interest rate increases, pointing to inflation being more persistent than expected but still downplaying fears of recession from the

TORONTO — What’s happening with Postmedia and Nordstar? Postmedia Network Canada Corp. and Nordstar Capital LP are in talks about a potential merger.

Canadian retailer Indigo Books and Music Inc. said cooling consumer spending compounded the effects of a ransomware attack against the company in February, dragging down its earnings amid a board of directors shakeup.

TORONTO — Decades of low interest rates and strong housing demand have led to high levels of household debt for Canadians, and now rising interest rates are increasing the cost of servicing that debt.

TORONTO — Thomson Reuters Corp. has signed a deal to buy Imagen Ltd., a company that helps sports organizations, businesses and media companies manage their digital content libraries on the cloud. Financial terms of the deal were not disclosed.

TORONTO — Postmedia Network Canada Corp. said Tuesday that it's in talks to merge with Nordstar Capital LP, the owner of Metroland Media Group and the Toronto Star.

WASHINGTON (AP) — More than $200 billion may have been stolen from two large COVID-19 relief initiatives, according to new estimates from a federal watchdog investigating federally funded programs that helped small businesses survive the worst public

OTTAWA — Canadian Heritage Minister Pablo Rodriguez said he remains hopeful digital giants will not make good on their threat to block access to Canadian news on their platforms, but if they do then the Liberal government will ensure newsrooms have t