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National Business
National Business
Cadillac Fairview acquires 95% stake in Lincoln Property's residential business
TORONTO — Cadillac Fairview says it has acquired Lincoln Property Company’s residential division.
Mar 6, 2023 9:56 AM
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Canadian Tire commits half its sponsorship dollars to women's professional sports
TORONTO — Canadian Tire Corp. has announced a new commitment to improve gender equity in sports, saying at least half the money it spends sponsoring professional sports will go towards women by 2026.
Mar 6, 2023 9:04 AM
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Cargojet reports Q4 profit down from year earlier, revenue up more than 10%
MISSISSAUGA, Ont. — Cargojet Inc. reported its fourth-quarter profit fell compared with a year earlier as its revenue rose by more than 10 per cent. The air cargo company says it earned $2.
Mar 6, 2023 8:33 AM
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First Capital REIT reaches agreement with activist investor group
TORONTO — First Capital Real Estate Investment Trust has reached an agreement with an activist investor group that was seeking to replace four of its trustees.
Mar 6, 2023 8:26 AM
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Airlines vital to life in the North facing headwinds from worker shortages
YELLOWKNIFE — Airlines that operate in the North — where many residents rely on flights for transportation and goods — say disruptions from the COVID-19 pandemic, a Canada-wide pilot shortage and new fatigue regulations are creating headwinds.
Mar 6, 2023 3:00 AM
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New plan pushes end to S. Korea-Japan forced labor disputes
SEOUL, South Korea (AP) — South Korea took a step toward improving ties with historical rival Japan by announcing a plan Monday to raise local civilian funds to compensate Koreans who won damages against Japanese companies that enslaved them during T
Mar 6, 2023 12:08 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of Canada rate announcement The Bank of Canada will make its next interest rate announcement on Wednesday.
Mar 5, 2023 9:00 AM
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China sets this year's economic growth target at 'around 5%'
BEIJING (AP) — China’s government announced plans for a consumer-led revival of the struggling economy as its legislature opened a session Sunday that will tighten President Xi Jinping’s control over business and society.
Mar 4, 2023 11:20 PM
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SNC-Lavalin launches strategic review, tries to put cash-draining contracts behind it
MONTREAL — SNC-Lavalin Group Inc. is eyeing an asset selloff as the company continues to pivot away from cash-draining fixed-price construction contracts and sharpen its game as a pure-play engineering firm.
Mar 4, 2023 11:10 AM
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Climate taxonomy proposal asks feds to include oilsands-related spending
TORONTO — The federal government has released proposed guidelines, submitted to it by an independent group of finance experts, on what investments should be considered worthy in the fight against climate change.
Mar 3, 2023 5:35 PM
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