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National Business
National Business
Glooscap First Nation in Nova Scotia launches new security company
HANTSPORT — A First Nation in Nova Scotia has established a new commercial security company, a move its chief says is another example of the First Nation’s commitment to securing financial independence.
May 27, 2025 11:41 AM
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Scotiabank profit dips as it prepares for potential turbulence ahead
TORONTO — Cautious borrowers and a worsening economic outlook pushed Scotiabank earnings slightly down in the second quarter from last year as the bank put aside more money for potentially bad loans ahead. The bank reported a net income of $2.
May 27, 2025 10:17 AM
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Hudson's Bay says 8,300 workers to be out of a job by June: court docs
TORONTO — More than 8,300 workers will have lost their job and some benefits by the time Hudson's Bay closes all of its stores at the start of June, new court documents filed by the collapsing retailer say.
May 27, 2025 9:22 AM
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InterRent REIT agrees to offer from executive chair, sovereign wealth fund
OTTAWA — InterRent Real Estate Investment Trust has signed a deal to be acquired by a group including executive chair Mike McGahan and Singapore sovereign wealth fund GIC for about $2 billion.
May 27, 2025 9:20 AM
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Trump Media says investors will fund a company 'bitcoin reserve' through share purchases
President Donald Trump's media company said Tuesday that institutional investors will buy $2.5 billion in the company's stock with the proceeds going to build up a bitcoin reserve. About 50 institutional investors will put up $1.
May 27, 2025 9:13 AM
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Trump Media says investors will fund a company 'bitcoin reserve' through share purchases
President Donald Trump's media company said Tuesday that institutional investors will buy $2.5 billion in the company's stock with the proceeds going to build up a bitcoin reserve. About 50 institutional investors will put up $1.
May 27, 2025 9:06 AM
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Equifax report says 1.4M consumers missed a credit payment in Q1
There's a deepening divide between consumers in the face of economic uncertainty as those missing payments rose compared with a year ago, a new Equifax report shows.
May 27, 2025 8:55 AM
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N.S.'s Lebanese entrepreneurs build a national presence, as shawarma leads the way
HALIFAX — At a Mezza Lebanese Kitchen restaurant, Tony Nahas demonstrates slicing from a spit of roasting chicken much as his father did — with a razor-sharp knife dropping the aromatic meat from grill to gathering tray.
May 27, 2025 8:42 AM
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US consumer confidence rebounds after five straight months of declines amid tariff anxiety
WASHINGTON (AP) — Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to its lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety over the impact of President Don
May 27, 2025 8:06 AM
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Canada faces 'massive challenge' as NATO eyes new 5% spending target: expert
OTTAWA — When representatives of NATO nations meet in The Hague late next month, they're expected to dramatically hike the alliance's defence spending target for members — the one Canada is failing to hit already.
May 27, 2025 7:00 AM
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