National Business

OTTAWA — Spending on tourism continued to grow last year as travellers returned to planes and patios, but it remained well below pre-pandemic levels, according to Statistics Canada.

An industry group set up to hammer out a Canadian grocery code of conduct is getting closer to a final document, even as the way its terms will be enforced remains unclear.

WASHINGTON (AP) — Weeks after the failure of two banks, President Joe Biden called Thursday for independent regulatory agencies to impose tighter rules on the financial system, telling them that they can act under current law without additional steps

MONTREAL — A new report finds that small and medium suppliers face growing expectations from their larger customers to report on environmental, social and governance (ESG) standards.

U.S. applications for jobless benefits rose last week but remain at historically low levels despite efforts by the Federal Reserve to cool the economy and the job market in its fight against inflation. Jobless claims in the U.S.

WASHINGTON (AP) — The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace, the government said Thursday in a slight downgrade from its previous estimate.

TORONTO — Constellation Software Inc. reported a fourth-quarter profit of US$152 million, up from $124 million a year earlier, as acquisitions helped its revenue grow. The company, which keeps its books in U.S.

VATICAN CITY (AP) — The Vatican on Thursday responded to Indigenous demands and formally repudiated the “Doctrine of Discovery,” the theories backed by 15th-century “papal bulls” that legitimized the colonial-era seizure of Native lands and form the

TOKYO (AP) — Asian shares were mixed Thursday following a rally on Wall Street as worries over banks following the collapses of several lenders in recent weeks eased further.

NEW ORLEANS (AP) — Oil companies offered a combined $264 million for drilling rights in federal waters in the Gulf of Mexico on Wednesday in a sale mandated by last year’s climate bill compromise .