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National Business
National Business
Former PM Stephen Harper appointed to oversee Alberta's $160B AIMCo fund manager
EDMONTON — Former prime minister Stephen Harper is the new chairman of the Alberta Investment Management Corp., which oversees more than $160 billion in funds, including pension funds and the Heritage Savings Trust Fund.
Nov 20, 2024 5:29 PM
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Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
LOS ANGELES (AP) — Nvidia on Wednesday reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust.
Nov 20, 2024 5:03 PM
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Investigation led to huge drug bust, which will disrupt Surrey drug trade, says RCMP
SURREY — Mounties in Surrey, B.C., say a year-long investigation has led to one of the largest drug seizures in the detachment's history and will "disrupt" the drug trade in the city.
Nov 20, 2024 5:01 PM
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Montreal unveils 2025 budget with new spending for housing, homelessness
MONTREAL — The City of Montreal is promising to speed up construction permits, raise taxes on owners of vacant lots and spend tens of millions more dollars to help develop affordable housing as part of its 2025 budget.
Nov 20, 2024 4:59 PM
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Randy Boissonnault leaves Liberal cabinet after shifting Indigenous identity claims
OTTAWA — Randy Boissonnault is leaving his post as employment minister in Prime Minister Justin Trudeau's Liberal cabinet after weeks of questions about the Edmonton MP's shifting claims of Indigenous identity and his business dealings.
Nov 20, 2024 4:53 PM
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Manulife reaches reinsurance deal worth $5.4 billion to free up capital
TORONTO — Manulife Financial Corp. says it has struck another deal to off-load lower-return assets through a $5.4-billion reinsurance deal.
Nov 20, 2024 4:16 PM
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B.C. government delegation jets to California to promote the province's film industry
Just days after being appointed to their new jobs, three members of the British Columbia government are off to California to promote the province as a hot spot for film production.
Nov 20, 2024 3:49 PM
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S&P/TSX composite inches higher on energy strength Wednesday, U.S. markets mixed
TORONTO — Canada's main stock index crept higher Wednesday thanks to strength in energy stocks, while U.S. stock markets were mixed, recovering from larger losses earlier in the day ahead of earnings from Nvidia expected after the bell.
Nov 20, 2024 3:47 PM
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US charges billionaire Gautam Adani with defrauding investors, hiding plan to bribe Indian officials
NEW YORK (AP) — An Indian businessman who is one of the world’s richest people has been indicted in the U.S.
Nov 20, 2024 3:35 PM
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Competition Bureau investigating Leon's, The Brick for alleged deceptive marketing
The Competition Bureau has obtained a court order in an investigation centering around whether Leon's Furniture Ltd. and its subsidiary The Brick deceptively marketed their products.
Nov 20, 2024 3:20 PM
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