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Canadian Tire a good fit for Hudson's Bay but will need to exercise caution: experts

Canadian Tire a good fit for Hudson's Bay but will need to exercise caution: experts

TORONTO — With Canadian Tire poised to become the new home for Hudson's Bay and its brands, retail experts say the company will have to balance the integrity and heritage of the 355-year-old department store with the wealth of possibilities its forth
University of Calgary launches initiative to study new relationship with the U.S.

University of Calgary launches initiative to study new relationship with the U.S.

CALGARY — Alberta is putting $6.5 million toward a new initiative at the University of Calgary to study how Canada's relationship with the United States is changing with U.S. President Trump in the White House.
Pipeline company South Bow sees profits, revenues fall in first quarter

Pipeline company South Bow sees profits, revenues fall in first quarter

CALGARY — Crude pipeline operator South Bow Corp. has reported a drop in quarterly profits and revenues.
Keystone restrictions, market uncertainty weigh on South Bow earnings forecast

Keystone restrictions, market uncertainty weigh on South Bow earnings forecast

CALGARY — Oil shipper South Bow Corp. is lowering the upper end of its 2025 earnings forecast due to market uncertainty and ongoing pressure restrictions on its Keystone pipeline.
Small businesses gear up — again — for a possible Canada Post strike

Small businesses gear up — again — for a possible Canada Post strike

MONTREAL — Small businesses and shipping firms are preparing for a possible Canada Post strike as early as next week, a disruption they warn could strain supply chains and freeze millions of parcels as well as billions of dollars in sales.
Conservatives block Trump's big tax breaks bill in a stunning setback

Conservatives block Trump's big tax breaks bill in a stunning setback

WASHINGTON (AP) — In a massive setback, House Republicans failed Friday to push their big package of tax breaks and spending cuts through the Budget Committee, as a handful of conservatives joined all Democrats in a stunning vote against it.
European leaders consult Trump, then agree joint response to Russian foot-dragging in truce talks

European leaders consult Trump, then agree joint response to Russian foot-dragging in truce talks

TIRANA, Albania (AP) — European leaders agreed on Friday to press ahead with joint action against Russia over the failure to agree to a ceasefire in Ukraine, U.K. Prime Minister Keir Starmer said, after consultations with U.S. President Donald Trump.
Separation referendum would be 'bad for the country': Calgary Chamber of Commerce

Separation referendum would be 'bad for the country': Calgary Chamber of Commerce

CALGARY — The head of a group representing Calgary’s business community says a referendum on separation would inflict grave damage on the economies of Alberta and Canada — regardless of the result.
US consumer sentiment slides to 3-year lows as trade war raises inflation anxiety

US consumer sentiment slides to 3-year lows as trade war raises inflation anxiety

WASHINGTON (AP) — U.S. consumer sentiment fell slightly in May for the fifth straight month, surprising economists, as Americans increasingly worry that President Donald Trump’s trade war will worsen inflation.
In Canada's housing crisis, are modular homes a cheaper and faster solution?

In Canada's housing crisis, are modular homes a cheaper and faster solution?

TORONTO — When a church in Toronto's west end was converted into affordable housing nearly 15 years ago, the group behind the project was already thinking ahead. Andrea Adams, the executive director of the non-profit developer St.