Skip to content

National Business

Former Liberal cabinet minister Scott Brison joins BMO Capital Markets

Former Liberal cabinet minister Scott Brison joins BMO Capital Markets

TORONTO — The Bank of Montreal has hired former Liberal cabinet minister Scott Brison as its vice-chair of investment and corporate banking.
Indigenous banking a bright spot for big banks as capital flows into communities

Indigenous banking a bright spot for big banks as capital flows into communities

TORONTO — From complex energy-sector investments to infrastructure projects and businesses, the increase of capital flowing into Canada's Indigenous communities represents a bright spot for the country's big banks.
Oilpatch AI keeps a wary eye on remote wells after human officials go home

Oilpatch AI keeps a wary eye on remote wells after human officials go home

CALGARY — From a computer in his downtown office, Jeremy Bernard calls up live video of an oil well site in rural Alberta, clicking to bring up a cluster of small buildings, then a gravel road that leads across snowy pasture.
UK's May fights to avoid another defeat on Brexit strategy

UK's May fights to avoid another defeat on Brexit strategy

LONDON — British Prime Minister Theresa May was scrambling Thursday to avoid another defeat on her Brexit plans amid opposition from members of her own party who claim she is moving in the wrong direction in efforts to overcome the impasse blocking a
Papua New Guinea on hunt for 275 cars missing after APEC

Papua New Guinea on hunt for 275 cars missing after APEC

WELLINGTON, New Zealand — A Papua New Guinea police superintendent on Thursday was hot on the trail of one of the many high-end cars he's trying to recover after an international summit.
Threat of closure is best tool to urge roof safety in N.S. coal mine:minister

Threat of closure is best tool to urge roof safety in N.S. coal mine:minister

HALIFAX — Nova Scotia's labour minister says the threat of closure is his best tool to penalize a coal mine that broke mining rules by not reporting two massive cave-ins within the required 24 hours.
US wholesale prices dip 0.1 per cent in January

US wholesale prices dip 0.1 per cent in January

WASHINGTON — U.S. wholesale prices fell for a second straight month in January as energy costs fell sharply again. The monthly declines were more evidence that inflation remains under control.
Statistics Canada reports manufacturing sales down 1.3 per cent in December

Statistics Canada reports manufacturing sales down 1.3 per cent in December

OTTAWA — Statistics Canada says manufacturing sales fell 1.3 per cent to $56.4 billion in December as sales of petroleum and coal products fell. The agency says the drop for the final month of 2018 was the third consecutive month to see a decline.
US unemployment claims rise by 4,000 to 239,000

US unemployment claims rise by 4,000 to 239,000

WASHINGTON — The number of Americans applying for unemployment benefits rose last week but remains at levels low enough to show that most workers enjoy job security.
Canadian Tire Q4 profit dips on one-time charge, tops expectations

Canadian Tire Q4 profit dips on one-time charge, tops expectations

TORONTO — Canadian Tire Corp. Ltd. reported a dip in its fourth-quarter profit compared with a year ago, as it took a one-time charge related to its financial services deal with Scotiabank.