National Business

CALGARY — The chief executive of oilfield services provider Calfrac Well Services has abruptly resigned a day after the company reported a quarterly loss.

Before COVID-19, it might have been unthinkable to have a stranger picking out bananas or selecting the perfect pork roast for your Sunday dinner.

About 70 faculty members at Kwantlen Polytechnic University in Metro Vancouver will receive lay-off notices Friday after a "sharp decline" in international students resulted in a revenue loss of about $49 million.

Russian President Vladimir Putin said Thursday that he agrees in principle with a U.S.

SASKATOON — Saskatchewan Premier Scott Moe says workers at canola crushing plants in his province would be out of jobs should China move ahead with planned retaliatory tariffs on canola oil and meal.

VICTORIA — British Columbia Opposition Leader John Rustad has introduced legislation that if passed would put a stop residents from having to change their clocks twice a year.

TORONTO — Canadian and U.S. markets continued their sell-off Thursday as U.S. President Donald Trump's tariff streak continued, taking the S&P 500 into its first correction since 2023.

NEW YORK (AP) — Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the S&P 500 more than 10% below its record , which was set just last month.

Empire Co. Ltd.'s CEO says the grocer is seeing sales of products from the U.S. "rapidly dropping" as shoppers look to support the Canadian economy and avoid the potential effects of tariffs.

MONTREAL — The head of Transat A.T. Inc. says Canadians' appetite for travel remains unsated — at least for overseas trips — even as pocketbook worries grow amid a trade war with the United States.