National Business

CALGARY — A familiar face is returning to Canada's oil industry. Rich Kruger, who led Imperial Oil Ltd. as president and CEO from 2013 until his retirement in 2019, has been named the new chief executive of Suncor Energy Inc.

OTTAWA — The annual inflation rate slowed more than expected in January, suggesting the Bank of Canada is likely content with its decision to pause rate hikes as price pressures continue to ease.

LONDON (AP) — Work less, get more.

LOS ANGELES (AP) — The nation's housing slump dragged on into January as home sales fell for the 12th consecutive month to the slowest pace in more than a dozen years. The National Association of Realtors said Tuesday that existing U.S.

CALGARY — Teck Resources Ltd. has announced a plan to split the company in two, separating its steelmaking coal business from its base metals operations.

Statistics Canada said Tuesday that January's grocery prices were up 11.4 per cent from a year ago and 11 per cent from December, even as the country's annual inflation rate slowed to 5.9 per cent last month.

LVIV, Ukraine — Ukraine wants Canada to lend its expertise — and donate crucial railway parts — to keep its embattled passenger and cargo rail system running as landmines and missile strikes threaten to stall the country's lifeline.

MONTREAL — Molson Coors Beverage Co. reported a net loss US$590.5 million in its latest quarter, down from a profit of US$80 million in the same period a year ago. The brewer, which reports in U.S.

It’s no secret that financial stress can take a toll on your mental health — especially at a time when Canada’s inflation rate remains high, layoffs are making headlines and there is talk of a looming recession.

OTTAWA — Canada's annual inflation rate was 5.9 per cent in January , Statistics Canada says.