National Business

MONTREAL — Last week, Justin Trudeau said out loud what many were wondering as the postal strike dragged into its fourth week. “It is endangering the long-term viability of Canada Post as a service that Canadians rely on,” the prime minister said.

VANCOUVER — Bank of Canada governor Tiff Macklem says the central bank is preparing for a future that looks more uncertain and more prone to shocks.

Some business leaders worry the resignation of Finance Minister Chrystia Freeland from the federal cabinet leaves Canada without a "quarterback" at a critical moment for the country's economy and trade relationships.

HOLYROOD, N.L. — Four people in eastern Newfoundland are facing charges after a stolen backhoe was used to tear the front off the RBC bank in Holyrood. RCMP say they received a report of a break-in around 3:45 a.m. on the Conception Bay Highway.

The Canadian Real Estate Association says the number of homes sold in November rose 26 per cent compared with a year ago, marking the second straight month of large year-over-year gains.

WASHINGTON (AP) — TikTok on Monday asked the Supreme Court to step in on an emergency basis to block the federal law that would ban the popular platform in the United States unless its China-based parent company agreed to sell it.

NEW YORK (AP) — Former talk show host Carlos Watson was sentenced Monday to nearly 10 years in prison in a federal financial conspiracy case that cast his once-buzzy Ozy Media as an extreme of fake-it-'til-you-make-it startup culture.

WASHINGTON (AP) — TikTok on Monday asked the Supreme Court to step in on an emergency basis to block the federal law that would ban the popular platform in the United States unless its China-based parent company agreed to sell it.

VANCOUVER — The company behind what will be Canada's first major liquefied natural gas export facility has appointed a new CEO. LNG Canada says Chris Cooper will succeed current chief executive Jason Klein, effective April 1, 2025.

Operations at Canada Post will resume at 8 a.m. local time on Tuesday, Dec. 17, the company said, after the Canada Industrial Relations Board ordered a return to work.