National Business

OTTAWA — The government's fiscal watchdog says a guaranteed basic income program at the federal level could cut poverty rates in Canada by up to 40 per cent.

TORONTO — Manulife Financial Corp. says its earnings dipped slightly in the fourth quarter but rose overall in 2024. The company's net income attributable to shareholders was $1.6 billion in the fourth quarter, down three per cent from $1.

ST. JOHN'S, N.L. — Bell is looking for answers after its subsea fibre-optic cable connecting western Newfoundland to Nova Scotia was severed for the second time in the space of a year. The telecommunications cable was most recently cut on Dec.

OTTAWA — Conservative Leader Pierre Poilievre is slamming Liberal leadership candidate Mark Carney's plan to split the federal budget, calling it a "sneaky accounting trick" to avoid balancing the books.

SASKATOON, Sask. — Saskatchewan Premier Scott Moe says U.S. President Donald Trump "may not be entirely accurate with perceived facts" but is someone Canada must work with. Moe said Wednesday the U.S.

TFI International Inc. says it earned US$88.1 million dollars in its fourth quarter, down from US$131.4 million a year earlier. The company says revenues were US$2.1 billion, up from US$2.0 billion during the fourth quarter of 2023.

TORONTO — Canada's main stock index ticked lower on Wednesday, weighed down by losses in technology and base metals, while U.S. stock markets eked out another gain to reach a new all-time high for the S&P 500.

The Ministry of Agriculture says the money will be handed out as one-time payments to farmers and can be used to help with needs like tools, training, capital for farm improvement, farm debt repayment and farm wages.

A new report shows Bombardier retained its position as the world’s second-largest business jet manufacturer by value in 2024, despite falling a few planes short of its projected output.

MONTREAL — The federal government is moving ahead with the next phase of a high-speed rail network between Quebec City and Toronto, Prime Minister Justin Trudeau announced Wednesday.