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National Bank sees profit rise as consumers save, invest more

National Bank sees profit rise as consumers save, invest more

National Bank of Canada topped expectations as it reported its first-quarter profit rose more than 20 per cent compared with a year ago, boosted by growth across its business.
Banks pressed on risks in pandemic recovery amid climbing profits

Banks pressed on risks in pandemic recovery amid climbing profits

TORONTO — Several Canadian banks have posted blockbuster profit growth this winter — despite the ongoing COVID-19 pandemic — but are facing questions about how long the streak will endure.
FlightHub reaches $5-million settlement after investigation by Competition Bureau

FlightHub reaches $5-million settlement after investigation by Competition Bureau

Travel booking company FlightHub Group Inc. reached a $5-million settlement with the Competition Bureau of Canada after an investigation into the company's marketing practices.
Trans Mountain pipeline owner asks regulator to hide identity of its insurers

Trans Mountain pipeline owner asks regulator to hide identity of its insurers

CALGARY — Federal government-owned Trans Mountain is asking the Canada Energy Regulator to keep secret the identities of the companies that provide insurance coverage for its pipeline system because of fears environmental activists will target them.
Toronto stock market climbs on strong gains by energy and financials sectors

Toronto stock market climbs on strong gains by energy and financials sectors

TORONTO — Canada's main stock index had its best day in more than two weeks Wednesday as the energy sector rose and financials was propelled by better-than-expected results from Royal Bank and National Bank.
Cadillac Fairview partners with ReturnBear to ease returns for stores and shoppers

Cadillac Fairview partners with ReturnBear to ease returns for stores and shoppers

TORONTO — One of Canada's biggest shopping centre operators is teaming up with ReturnBear, a service that allows shoppers to return items from multiple retailers. Cadillac Fairview Corp. Ltd.
Online reservations for thousands of B.C. campsites set to open on March 8

Online reservations for thousands of B.C. campsites set to open on March 8

VICTORIA — Camping enthusiasts in British Columbia will be able to book summer campsites in parks across the province starting March 8.
Purolator expanding rural facilities amid demand from remote workers

Purolator expanding rural facilities amid demand from remote workers

Purolator Inc. is building up capacity at its more remote distribution centers in response to rising demand from consumers who have fled the city in search of more space amid the pandemic.
Chairman Powell: Fed is in no hurry to raise interest rates

Chairman Powell: Fed is in no hurry to raise interest rates

WASHINGTON — Federal Reserve Chairman Jerome Powell told Congress on Wednesday that the central bank will not start raising interest rates until it believes its goals on maximum employment and inflation have been reached.
Crescent Point vows to pay down debt from Shell acquisition with rising oil profits

Crescent Point vows to pay down debt from Shell acquisition with rising oil profits

CALGARY — The CEO of Crescent Point Energy Corp. says the company is poised to benefit from rising oil prices after two years of transformation through selling assets, cutting debt and reducing costs.
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