National Business

To someone who doesn’t have a lot of assets, knowing their net worth might seem pointless, but experts say it’s an important indicator of financial health, no matter how big or small the number.

TORONTO — The Canadian agriculture industry needs to expand its international exports to hold its own against U.S. tariffs and global competitors, according to a new report from RBC.

TORONTO — Dye & Durham Ltd. says it has received an unsolicited offer to buy the company, but that it is not in talks regarding any such deal.

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. reported a profit of $53.5 million in its fourth quarter compared with a loss of $9.3 million a year earlier. The company says the profit amounted to 43 cents per share for the quarter ended Dec.

WINNIPEG — Exchange Income Corp. has entered into an agreement to buy Canadian North. The northern airline is set to be purchased for $205 million.

TORONTO — Spin Master Corp. says it earned US$21.1 million in the fourth quarter. That's up from a loss of US$30.1 million a year earlier. Revenues for the toy and entertainment company totalled US$649.1 million, up from US$502.

CALGARY — Alberta Premier Danielle Smith says her government plans to spend $180 million over three years to build two involuntary drug addiction treatment centres.

MONTREAL — TFI International Inc. says it's going to stay a Canadian corporation instead of moving to the U.S. as previously announced. The company announced last week it would relocate its legal headquarters south of the border to boost U.S.

TORONTO — Canada's main stock index edged higher Monday as gains in the telecom sector helped offset losses in energy and industrials, while U.S. stock markets were mixed and the Nasdaq lost 1.2 per cent.

SAINT JOHN, N.B. — Irving Paper Ltd. announced Monday it is shutting down half of its operations, blaming what it called "uncompetitive" industrial electricity rates in New Brunswick.