National Business

EDMONTON — Severe storms in Alberta and the Prairies this summer resulted in more than $300 million in insured losses, according to initial estimates from the Insurance Bureau of Canada.

SMITHS FALLS, Ont. — BioSteel Sports Nutrition Inc. owes a slew of top-ranking sports teams and leagues millions of dollars.

TORONTO — Canada's shrinking flyer industry and the slew of businesses who rely on it for advertising were dealt another blow last week when one of Ontario's most prominent media conglomerates stopped printing 70 community newspapers and announced th

VANCOUVER — Shares of Equinox Gold Corp. fell nearly 20 per cent in early trading Tuesday after the company announced a deal to raise US$150 million in an offering of convertible debt.

STELLARTON, N.S. — David Sobey, a former chief executive and chair of the Sobeys Inc. grocery store chain, has died. He was 92 years old. Empire Co. Ltd.

NEW YORK (AP) — Stocks are drifting again as Wall Street waits for the Federal Reserve’s latest decision on interest rates. The S&P 500 was off 0.2% early Tuesday. The Dow slipped 37 points and the Nasdaq composite was down 0.4%.

OTTAWA — Canada's annual inflation rate was 4.0 per cent in August, Statistics Canada says.

OTTAWA — Canada's national annual inflation rate was 4.0 per cent in August, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 3.8 per cent (2.5) — Prince Edward Island: 3.

WASHINGTON — Shutting down Line 5 would cause Canada "grave harm" and violate its treaty rights, government lawyers argued Monday as the federal government rejoined the legal fray over the controversial cross-border oil and gas pipeline.

The backlog of air passenger complaints at Canada’s transport regulator has hit a new high topping 57,000, as dissatisfaction over cancellations and compensation persist three and a half years after the outbreak of the COVID-19 pandemic.