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National Business
National Business
National Bank of Canada reports Q1 profit of $932M boosted by trading revenue
Heightened market volatility drove up National Bank of Canada trading revenue and first quarter profits, its chief executive said Friday.
Feb 25, 2022 12:20 PM
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CIBC revenue growth outpaces expenses, proposes stock split
TORONTO — CIBC's strategy of investing in its own growthhas led to increased revenue and earnings from loans, fees and capital markets in the first quarter that outpaced rising expenses, chief executive Victor Dodig said Friday.
Feb 25, 2022 11:23 AM
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FRANKFURT, Germany (AP) — Even as gunfire sounded in Ukraine's capital, natural gas kept flowing normally Friday through the major pipelines from Russia to Europe.
Feb 25, 2022 11:16 AM
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Key inflation gauge hit 6.1% in January, highest since 1982
WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve jumped 6.
Feb 25, 2022 9:50 AM
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'We can't keep on slamming the brakes:' N.S. gym owner on reopening plans
HALIFAX — In less than 24 months, Hannah Kovacs temporarily closed her gym Move East three times.
Feb 25, 2022 9:05 AM
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Federal government posts $70.1B deficit for April-to-December period
OTTAWA — The federal government posted a budgetary deficit of $70.1 billion for the April-to-December period of its 2021-22 fiscal year. In its monthly fiscal monitor report, the Finance Department says the result compared with a deficit of $248.
Feb 25, 2022 9:03 AM
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Hydro One reports $159M Q4 profit, down from $161M a year ago
TORONTO — Hydro One Ltd. reported a fourth-quarter profit attributable to common shareholders of $159 million, down from $161 million a year earlier. The utility says the profit amounted to 27 cents per share for the quarter ended Dec.
Feb 25, 2022 6:47 AM
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J&J, distributors finalize $26B landmark opioid settlement
CAMDEN, N.J.
Feb 25, 2022 6:28 AM
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CWB Financial reports Q1 profit up from year ago, beats expectations
EDMONTON — CWB Financial Group reported its first-quarter profit rose compared with a year ago and beat expectations. The Edmonton-based bank says the profit attributable to common shareholders amounted to $87.
Feb 25, 2022 5:54 AM
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Hudson's Bay closing one of two downtown Toronto stores in May
TORONTO — Hudson's Bay is closing one of its two stores in downtown Toronto after 48 years. The department store retailer says its Bloor Street location will close May 31, joining stores in Edmonton, Winnipeg and Dorval, Que.
Feb 24, 2022 4:45 PM
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