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National Business
TikTok sues US to block law that could ban the social media platform
TikTok and its Chinese parent company ByteDance are suing the U.S. federal government over a law that would ban the popular video-sharing app unless it’s sold to another company.
May 7, 2024 12:40 PM
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Alta. oil and gas company fined for violating methane rules
CALGARY — The Alberta Energy Regulator has fined a Calgary-based junior oil and gas producer for failing to meet its fugitive emission and methane reporting requirements. The regulator says it began investigating Tallahassee Exploration Inc.
May 7, 2024 12:09 PM
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Intact launches wildfire damage protection pilot ahead of elevated-risk season
TORONTO — Intact Financial Corp. says it has launched a pilot program to reduce wildfire damage to customers' homes in Western Canada as another season of elevated fire risk approaches.
May 7, 2024 11:36 AM
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Disney's streaming business turns a profit in first financial report since challenge to Iger
The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit.
May 7, 2024 11:19 AM
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Unionized workers rejecting more deals as fight for wage gains presses on
Union workers are feeling increasingly emboldened to reject tentative agreements as they fight to join the ranks of those benefiting from the recent wave of wage gains, experts say.
May 7, 2024 11:11 AM
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Crescent Point Energy selling $600M of assets to Saturn Oil & Gas
CALGARY — Crescent Point Energy Corp. says it has signed a $600-million deal to sell some of its oil-producing properties in Saskatchewan to Saturn Oil & Gas. The company says included in the deal are its Flat Lake and Battrum properties.
May 7, 2024 10:38 AM
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Ballard Power Systems Q1 loss grows from year ago, revenue up 9%
VANCOUVER — Ballard Power Systems saw its first-quarter loss deepen compared with a year ago as its revenue rose nine per cent. The Vancouver-based fuel cell maker, which keeps its books in U.S.
May 7, 2024 10:16 AM
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How to overcome 'savings guilt' when you're living paycheque to paycheque
As the higher cost of living continues to squeeze household budgets, many Canadians find they have even less left over at the end of every month to squirrel away for the future.
May 7, 2024 10:00 AM
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Stock market today: Wall Street holds steady as earnings reports wind down
NEW YORK (AP) — U.S. stocks are holding relatively steady as trading on Wall Street calms following some sharp recent swings. The S&P 500 was up 0.2% in early trading Tuesday, coming off a strong three-day winning streak.
May 7, 2024 9:38 AM
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George Weston reports Q1 profit down on Choice REIT charges, raises dividend
TORONTO — George Weston Ltd. raised its quarterly dividend as it reported its first-quarter profit fell compared with year ago as it was hit by one-time charges related to its large stake in Choice Properties Real Estate Investment Trust.
May 7, 2024 8:57 AM
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