Skip to content

National Business

Barrick Gold reports US$368M Q3 profit, up from US$241M a year ago

Barrick Gold reports US$368M Q3 profit, up from US$241M a year ago

TORONTO — Barrick Gold Corp. reported a third-quarter profit of US$368 million, up from US$241 million a year earlier, helped by higher gold prices. The Toronto-based gold miner, which keeps its books in U.S.
Countries at a UK summit pledge to tackle AI's potentially 'catastrophic' risks

Countries at a UK summit pledge to tackle AI's potentially 'catastrophic' risks

BLETCHLEY PARK, England (AP) — Delegates from 28 nations, including the U.S. and China, agreed Wednesday to work together to contain the potentially “catastrophic” risks posed by galloping advances in artificial intelligence.
Federal government to level out number of new permanent residents in Canada in 2026

Federal government to level out number of new permanent residents in Canada in 2026

OTTAWA — The federal government plans to level out the number of new permanent residents to Canada in 2026 in reaction to a crunch on housing and other services, the immigration minister announced Wednesday.
N.L. wants details on environmental impact before hydrogen project can move forward

N.L. wants details on environmental impact before hydrogen project can move forward

ST. JOHN'S, N.L. — The Newfoundland and Labrador government has asked the company vying to build one of the country's first large-scale green hydrogen plants to provide more information about the project's effects on the environment.
Parkland Corp.'s third-quarter earnings double on strong refinery performance

Parkland Corp.'s third-quarter earnings double on strong refinery performance

CALGARY — Fuel retailer Parkland Corp. says its third-quarter earnings more than doubled in 2023 thanks to favourable market conditions and the company's ongoing efforts to optimize its Burnaby refinery.
Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hike

Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hike

WASHINGTON (AP) — The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead.
Upcoming mortgage renewals part of why BoC held rate at 5%: Macklem

Upcoming mortgage renewals part of why BoC held rate at 5%: Macklem

OTTAWA — Bank of Canada governor Tiff Macklem says the central bank held its key interest rate at five per cent in part because of the effect a wave of upcoming mortgage renewals is expected to have on the economy.
Poilievre challenges Trudeau to lift carbon tax off all heating until next election

Poilievre challenges Trudeau to lift carbon tax off all heating until next election

OTTAWA — The Conservatives moved Wednesday to make carbon pricing the ballot box question in the next federal election, seizing on public anxiety about affordability and seeing a crack in the Liberal government's carbon-price armour.
Nutrien sees earnings drop in third quarter as lower selling prices take a toll

Nutrien sees earnings drop in third quarter as lower selling prices take a toll

SASKATOON — Nutrien Ltd. says it earned US$82 million in the third quarter, down from US$1.6 billion a year earlier. The Saskatoon-based company, which is the world's largest fertilizer producer, says sales were US$5.
Spin Master reports higher third-quarter earnings but lowers full-year guidance

Spin Master reports higher third-quarter earnings but lowers full-year guidance

TORONTO — Spin Master Corp. says its net income for the third quarter was US$155.4 million, up from US$141.4 million from a year earlier. The Toronto-based toy and entertainmentcompany says revenue for the quarter ended Sept. 30 was US$710.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks