Business

Canada posts largest trade surplus in four years at $4.2B in May

OTTAWA — Canada's merchandise trade surplus increased to $4.2 billion in May, the largest surplus in four years, as exports rose to a record high, Statistics Canada said Tuesday. The agency said the...

1h ago

NATO looks to Saab to build up to 10 surveillance planes using Canadian jets

NATO Secretary-General Mark Rutte says the alliance is looking to work with Swedish manufacturer Saab on up to 10 radar jets largely built in Canada. Rutte told an audience at the NATO summit in Ankara,...

4h ago

Many Canadian manufacturers eyeing U.S. move as trade tensions take a toll: KPMG

A new survey shows trade tensions have some Canadian manufacturers deciding to move production south of the border or delay capital investments. KPMG Canada said on Tuesday that 42 per cent of Canadian...

7h ago

Rogers' MLSE play the latest shift for Canadian sports landscape, experts say

TORONTO — Sports business experts say Rogers Communications Inc.'s full takeover of Maple Leaf Sports & Entertainment is the latest sign of a shift in Canada's professional sports landscape. The...

1h ago

Carney meets with allied nations in Turkey on margins of NATO summit

ANKARA — Prime Minister Mark Carney met with Turkish President Recep Erdogan and Ukrainian President Volodymyr Zelenskyy Tuesday on the margins of the NATO leaders' summit in Ankara. Carney met with...

2h ago

Champagne defends fiscal track as defence, infrastructure spending ratchets up

OTTAWA — Finance Minster François-Philippe Champagne says the Liberals are keeping federal finances under control even as key defence and infrastructure spending details remain under wraps. Champagne...

19h ago

Republican to introduce bill prompting trade investigation into Canadian booze bans

WASHINGTON — A Republican congresswoman for New York said she is introducing legislation to compel the United States Trade Representative to conduct an investigation into Canadian provinces that are...

19h ago

Astronaut Jeremy Hansen leaving Canadian Space Agency

OTTAWA — Astronaut Jeremy Hansen, who made a historic trip around the moon aboard NASA's Artemis 2 mission in April, is leaving the Canadian Space Agency. A statement released by the agency said Hansen...

19h ago

Five things you should know about Canada's new fleet of submarines

OTTAWA — Prime Minister Mark Carney's Liberal government on Monday named Germany's ThyssenKrupp Marine Systems as the preferred bidder to build the navy's next fleet of submarines. That means Canada...

19h ago

Air Canada scales back U.S. flights again amid high fuel costs and weak demand

MONTREAL — Air Canada is once again scaling back flights to the U.S. amid high jet fuel costs and lower demand for trips south of the border. Schedule changes by the country's largest carrier show it...

23h ago