National Business

Canadian beef consumers have a chance of getting some relief from high prices after a second class-action lawsuit has been filed alleging that the country's largest beef suppliers conspired to restrict competition and raise prices.

CALGARY — A forthcoming federal tax credit for carbon capture and storage is spurring debate between those who say it will help Canada achieve its emissions reduction goals, and those who view it as a thinly veiled subsidy for the oil and gas industr

EDMONTON — Alberta is proposing rules that would make it easier for entrepreneurs to test products in the emerging field of cryptocurrencies and online banking.

TORONTO — Doubts about Russia's promised troop withdrawal from the Ukrainian capital pushed Canada's main stock index off its record high while the loonie moved above 80 cents to its highest level in nearly five months.

TORONTO — The Ontario Real Estate Association says London, Ont. broker Stacey Evoy is its new president.

TORONTO — Real estate experts say Ontario’s decision to increase and expand its foreign buyers tax won’t do much to cool the province’s hot real estate market.

Canada's largest dollar store is introducing a new $5 price tag as it looks to recoup higher costs and bring in new products. Dollarama Inc.

TORONTO — RIV Capital, Inc. says it will purchase medical marijuana retailer Etain in a US$247 million transaction.

MONTREAL — Air Canada plans to more than double its capacity this year compared with 2021, but says that is still below its pre-pandemic level.

WASHINGTON (AP) — The U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October through December, the government reported Wednesday , a slight downgrade from its previous estimates.