National Business

TORONTO — In what could be a near-term high water mark, all of Canada's Big Six banks beat analyst expectations in the first quarter as the economy chugged along through the end of January despite the growing threat of tariffs and the apparent crumbl

WASHINGTON — Public Safety Minister David McGuinty said Thursday Canada has acted on U.S. concerns about border security and fentanyl trafficking — even as U.S. President Donald Trump insists economy-wide tariffs will go ahead next week as planned.

NOBLETON, Ont. — York Regional Police have identified the victim of a fatal late-night restaurant fire north of Toronto and downgraded a murder charge against the alleged arsonist.

HALIFAX — The Nova Scotia government has announced a $300,000 pilot program to help people buy local.

CALGARY — Shares in Veren Inc. jumped as the oil and gas producer said it finished 2024 with improved performance out of its wells in northwestern Alberta and would take a breather from big asset deals.

TORONTO — TD Bank Group's restructuring is well underway, said chief executive Raymond Chun, as the bank works to complete its anti-money laundering reforms and prepare for growth despite imposed U.S. limitations.

LOCKEPORT, N.S. — Halifax-based Clearwater Seafoods announced Thursday plans to change its lobster operations, which will result in permanent and temporary job losses in Nova Scotia.

Quebecor Inc. raised its quarterly dividend as it reported its fourth-quarter profit rose compared with a year ago, as the company continued to boost the number of wireless phone customers it serves.

OTTAWA — New Democrat MP Charlie Angus is calling for a countrywide consumer boycott of Amazon to protest the online retail giant's closure of seven of its warehouses in Quebec.

TORONTO — RBC reported a surge in impaired loans in its first quarter but says overall results were boosted by better-than-expected economic and banking conditions. Canada's largest bank reported gross impaired loans of $7.