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Calfrac reports $7.8-million Q1 profit, revenue up 12 per cent from year ago

Calfrac reports $7.8-million Q1 profit, revenue up 12 per cent from year ago

CALGARY — Calfrac Well Services Ltd. reported a first-quarter profit of $7.8 million compared with a loss of $2.9 million a year earlier as its revenue rose 12 per cent.
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US applications for jobless benefits hold firm as layoffs remain low despite tariff uncertainty

US applications for jobless benefits hold firm as layoffs remain low despite tariff uncertainty

WASHINGTON (AP) — U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty over how President Donald Trump’s tariffs will impact the economy.
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Dick's Sporting Goods to buy struggling shoe chain Foot Locker for $2.4 billion

Dick's Sporting Goods to buy struggling shoe chain Foot Locker for $2.4 billion

Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with uncertainty over U.S.
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Walmart says it will raise prices due to tariff costs after posting solid first quarter sales

Walmart says it will raise prices due to tariff costs after posting solid first quarter sales

NEW YORK (AP) — Walmart’s first quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.
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Winnipeg company 'will never forget' history making Hudson's Bay striped items

Winnipeg company 'will never forget' history making Hudson's Bay striped items

For four generations, the family behind Winnipeg garment maker Freed & Freed International has worked with the fabric of our nation, crafting police regalia like the scarlet tunics worn by the RCMP and uniforms for Canada's Olympic teams.
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Joly says Honda still committed to EV investments after $15-billion project delayed

Joly says Honda still committed to EV investments after $15-billion project delayed

OTTAWA — Industry Minister Mélanie Joly says Honda Canada remains "fully committed" to major electric-vehicle investments in Canada after the company announced Tuesday that it was pausing a multibillion-dollar EV project in Ontario.
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Eby to visit Japan, South Korea and Malaysia on trade trip to reduce U.S. reliance

Eby to visit Japan, South Korea and Malaysia on trade trip to reduce U.S. reliance

VICTORIA — B.C. Premier David Eby said a trade mission to Asia next month will help the province become the "engine of a new Canada," but an economist says B.C. also needs to take steps at home to become more competitive.
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Canada welcomes UN body's decision holding Russia responsible for MH17 tragedy

Canada welcomes UN body's decision holding Russia responsible for MH17 tragedy

OTTAWA — The Canadian government is welcoming a recent decision by the Council of the International Civil Aviation Organization to hold Russia responsible for the downing of Malaysia Airlines Flight MH17.
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New housing minister says he'll 'leverage' his past as Vancouver mayor in new role

New housing minister says he'll 'leverage' his past as Vancouver mayor in new role

OTTAWA — Canada's new housing minister says he didn't have the tools he needed to address housing affordability issues when he was mayor of Vancouver — the country's most expensive housing market.
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Uranium added to Nova Scotia critical minerals list as province seeks exploration

Uranium added to Nova Scotia critical minerals list as province seeks exploration

HALIFAX — The Nova Scotia government added uranium to its list of priority critical minerals on Wednesday and issued a request for exploration proposals at three sites the province says have known deposits of the heavy metal.
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