National Business

WASHINGTON — Territorial premiers said it is a critical time for the Arctic amid U.S. President Donald Trump's increasing rhetoric of American expansion and actions to disrupt global trade. But they are very clear: the Arctic is not for sale.

TORONTO — Fairfax Financial Holdings Ltd. says it earned US$1.3 billion in the fourth quarter of 2024, down from US$1.7 billion during the same quarter in 2023. The company, which keeps its books in U.S. dollars, says the profit amounted to US$50.

A major winter storm disrupted travel plans, closed schools and shuttered city services across Ontario, Quebec and the Atlantic provinces Thursday, as communities dug out from a wintry cocktail that brought upwards of 20 centimetres of snow.

BOISSEVAIN, Man. — The International Peace Garden that straddles the Canada-United States border has for more than 90 years been a quiet, pastoral place to celebrate friendship between the two countries.

WASHINGTON (AP) — President Donald Trump on Thursday rolled out his plan to increase U.S.

WASHINGTON — Manitoba Premier Wab Kinew says a trip by Canada's premiers to Washington, D.C., has been a success even though there's no sign of a change in American plans to impose steep tariffs on Canadian goods.

MONTREAL — CAE Inc. says it earned $168.6 million in its third quarter, up from $56.5 million during the same quarter last year. The company says revenues were $1.2 billion, up 12 per cent from $1.1 billion a year earlier.

TORONTO — Strength in technology, base metals and telecom stocks helped lift Canada's main stock index Thursday, while U.S. markets also rose. The S&P/TSX composite index closed up 135.40 points at 25,698.51.

TORONTO — Sun Life Financial Inc.'s share price was under pressure Thursday after the insurance giant reported a big earnings miss driven by various factors including claims headwinds in its U.S. division.

CHARLOTTETOWN — The Prince Edward Island government has ordered an investigation into the land holdings of two Buddhist organizations in the province.