National Business

OTTAWA — The coming federal budget should lower taxes, cap spending and make it easier to build new houses, Conservative Leader Pierre Poilievre said Sunday as he pinned blame for current economic woes on the Liberals.

TORONTO — When it comes to saving on groceries or trips to the mall, Nichole Schaubroeck is a pro.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Household debt Statistics Canada will release on Monday its national balance sheet and financial flow accounts for the fourth quarter of 2022.

WILMINGTON, Del. (AP) — Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank , but is working to help depositors who are concerned about their money .

DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco reported Sunday earning $161 billion last year, claiming the highest-ever recorded annual profit by a publicly listed company and drawing immediate criticism from activists.

LVIV, Ukraine — Two women sit at a table near the front door of a small, nondescript bar in western Ukraine. Speak the password, and they will escort you to a closet, inside which is a staircase that leads down to a stone cellar.

Passengers travelling with Flair Airlines were "impacted" on Saturday after four of its leased aircraft were seized in Toronto, Edmonton and Waterloo, Ont., in what the company described as a "commercial dispute.

TORONTO — A union representing 200 employees of Indigo Books & Music Inc. is calling on the retailer to disclose more information about the scope of its recent data breach and offer additional support to staff affected by the cyberattack.

OTTAWA — Canadians would no longer be able to access news on Facebook or Instagram if the federal government's proposed Online News Act passes in its current form, the parent company behind the two popular social media platforms said.

BEIJING (AP) — China on Saturday named Li Qiang , a close confidant of top leader Xi Jinping , as the country’s next premier nominally in charge of the world’s second-largest economy now facing some of its worst prospects in years.