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National Business
PSP Investments earned 4.4 per cent return for its latest financial year
MONTREAL — The Public Sector Pension Investment Board says it earned a 4.4 per cent return for its most recent financial year as it faced a challenging market environment. The investment manager says net assets under management grew to $243.
Jun 7, 2023 2:12 PM
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Dollarama profits skyrocket as consumers visit more often — for bigger purchases
MONTREAL — Dollarama Inc. enjoyed a 21 per cent year-over-year jump in sales in its latest quarter as the discount retailer scooped up consumers seeking cheaper products amid high inflation.
Jun 7, 2023 1:53 PM
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What to know about the latest interest rate increase from the Bank of Canada
OTTAWA — The Bank of Canada raised its key interest rate target by a quarter of a percentage point to 4.75 per cent on Wednesday, the first raise since it announced a pause in January.
Jun 7, 2023 1:45 PM
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'Vanderpump' star Lala Kent on Scandoval, ex Randall Emmett and building 'a freaking empire'
Lala Kent would like to thank her “Vanderpump Rules” co-stars Tom Sandoval and Raquel Leviss. Since their secret monthslong affair — dubbed “Scandoval” — went public in early March, the Bravo reality show’s heat meter has skyrocketed.
Jun 7, 2023 1:27 PM
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Shopify launches fight against 'patent trolls' and their funders, files Texas lawsuit
Shopify Inc. says it wants to push back against the trend of companies filing hundreds of patent infringement lawsuits against businesses every year, and is waging a court battle to make its point.
Jun 7, 2023 12:30 PM
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Statistics Canada reports merchandise trade surplus rose to $1.9B in April
OTTAWA — Canada merchandise trade surplus increased to $1.9 billion in April, helped by higher exports of gold, oil and cars and light trucks, Statistics Canada said Wednesday. The result followed a revised surplus of $231 million in March.
Jun 7, 2023 12:15 PM
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Tim Hortons to launch credit card through mobile rewards app
TORONTO — Tim Hortons is launching a credit card that can be used through its mobile app, the latest move into an increasingly competitive rewards space.
Jun 7, 2023 11:34 AM
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Shell's clean energy campaign is misleading, UK advertising watchdog says
LONDON (AP) — A marketing campaign by oil major Shell has been banned by the U.K.
Jun 7, 2023 9:23 AM
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PGA Tour and European tour agree to merge with Saudis and end LIV Golf feud
The PGA Tour abruptly dropped its expensive fight with Saudi Arabia’s LIV Golf venture on Tuesday and instead announced a stunning merger that creates a global operation featuring the world’s top players backed by the Saudis' massive wealth.
Jun 6, 2023 7:32 PM
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Analyst worried as union for 7,000-plus B.C. port workers to hold strike vote
VANCOUVER — A global trade analyst says a potential strike for more than 7,000 terminal cargo movers in ports throughout British Columbia could have dire consequences for not only the Canadian economy, but globally as well.
Jun 6, 2023 6:50 PM
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