National Business

A running list of election promises announced by the Ontario Progressive Conservatives, NDP, Liberals and Greens in the province's snap election campaign. The vote is set for Feb. 27. Progressive Conservatives Feb.

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations.

TORONTO — Pension fund manager OMERS says it earned a return of 8.3 per cent in 2024, net of expenses. The fund says the result topped its 7.5 per cent benchmark for the year. Its net assets totalled $138.2 billion at Dec. 31, 2024, up from $128.

As companies report their earnings for the latest quarter, they’ve fielded question after question from analysts about how they’re preparing for potential tariffs from the U.S.

VANCOUVER — Equinox Gold Corp. has signed an all-stock deal to acquire Calibre Mining Corp. and its Valentine gold mine in Newfoundland and Labrador in a proposal that values the company at about $2.6 billion.

REGINA — Saskatchewan Premier Scott Moe is travelling to Washington, D.C., again to push against proposed tariffs from the United States on Canadian goods.

CALGARY — Canadian Pacific Kansas City Ltd. and Unifor say 1,200 mechanics have ratified a new collective agreement.

TORONTO — The Canada Infrastructure Bank has signed a deal to loan $194 million to Australian electric vehicle charging company Jolt, to help it grow its network in Canadian cities.

TORONTO — Brookfield Asset Management and its institutional partners have signed a deal to buy National Grid Renewables. The deal values the U.S. onshore renewable power business of National Grid plc. at US$1.74 billion.

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations.