National Business

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company. Ancora is opposed to U.S.

TORONTO — Economic forecasts suggest the Bank of Canada will likely lower its key policy rate by a quarter of a percentage point on Wednesday in light of recent inflation and jobs data, bringing it down to three per cent.

BOGOTA, Colombia (AP) — The White House claimed victory in a showdown with Colombia over accepting flights of deported migrants from the U.S.

OTTAWA — The working group tasked with measuring productivity within Canada's federal public service has not looked at remote work, one of its members says.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Metro results Metro Inc. is expected to release its first-quarter results on Tuesday and hold its annual meeting of shareholders.

BUFFALO, N.Y. (AP) — A freighter was on its way to Canada on Sunday after it was freed from ice that trapped it in a frozen Lake Erie for days, the U.S. Coast Guard said.

For Canadian renters, it may feel like the years since the COVID-19 pandemic have brought one hit after another. After a 4.6 per cent increase in the average asking price of a rental unit in 2021, monthly payments surged 12.

ST. JOHN'S, N.L. — Norwegian energy giant Equinor has contracted two companies to do preliminary work for the stalled Bay du Nord offshore oil project in Newfoundland and Labrador.

MONTREAL — The International Brotherhood of Electrical Workers says it has given Canadian National Railway a 72-hour strike notice. The union represents about 750 employees at CN who work in signals and communications.

OTTAWA — The Canadian Food Inspection Agency has issued a recall notice for two kinds of canned Century-brand flaked tuna.