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National Business
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Steven Guilbeault to remain in cabinet: source
OTTAWA — Canadian Culture and Identity Minister Steven Guilbeault is among those names that will stay in cabinet on Tuesday when Prime Minister Mark Carney makes some hefty adjustments to his team, a Liberal source has confirmed to The Canadian Press
May 12, 2025 6:52 PM
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AFN chief calls for review of natural resource deals amid talk of Alberta separation
EDMONTON — The national chief of the Assembly of First Nations is calling for a federal review of nearly century-old natural resource transfer agreements in response to Alberta's government opening the door to a separation referendum.
May 12, 2025 3:29 PM
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Alberta government announces indefinite freeze on industrial carbon price
EDMONTON — Alberta Premier Danielle Smith says her government is freezing its industrial carbon price effective immediately at $95 per tonne of emissions.
May 12, 2025 3:05 PM
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B.C.'s low snowpack, melt signal drought, raising concern for hydro power
VANCOUVER — Drier, warmer weather in much of British Columbia last month has contributed to an early melt, raising concern for widespread drought this summer, the province's latest snowpack and water supply bulletin says.
May 12, 2025 2:54 PM
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Stocks surge on U.S.-China trade truce, while gold plummets
News of a 90-day truce in the U.S.-China trade war propelled markets higher on Monday, with the surge more pronounced south of the border than in Canada The S&P/TSX composite index was up 174.44 points at 25,532.18.
May 12, 2025 2:28 PM
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Dow leaps 1,100 points and S&P 500 rallies 3.3% following a 90-day truce in the US-China trade war
NEW YORK (AP) — Stocks rallied Monday after China and the United States announced a 90-day truce in their trade war .
May 12, 2025 1:57 PM
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Newfoundland and Labrador to end controversial tax on sugary drinks
ST. JOHN'S — Newfoundland and Labrador's premier says his government will end the province's controversial tax on sugar-sweetened beverages.
May 12, 2025 1:21 PM
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Group of investors submits revised offer to buy Quebec-based Lion Electric
MONTREAL — A group of investors has submitted a revised offer to buy Quebec vehicle-maker Lion Electric, providing a possible lifeline to the beleaguered company.
May 12, 2025 1:20 PM
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Carney needs to 'pick a lane' on climate priorities and energy boost, activist says
OTTAWA — Climate activists and energy leaders say Prime Minister Mark Carney will need to make some hard choices on whether to bolster the country’s oil and gas sector as means of achieving economic stability.
May 12, 2025 1:12 PM
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US businesses that rely on Chinese imports express relief and anxiety over tariff pause
NEW YORK (AP) — American businesses that rely on Chinese goods reacted with muted relief Monday after the U.S. and China agreed to pause their exorbitant tariffs on each other's products for 90 days .
May 12, 2025 1:07 PM
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