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National Business
National Business
Mazda Canada CEO David Klan to retire, COO Amy Fleming named successor
RICHMOND HILL — Mazda Canada Inc. says president and chief executive David Klan will retire later this year. He will be succeeded by Amy Fleming, the company's chief operating officer, effective Oct. 1.
Jun 20, 2025 5:36 AM
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B.C. mall owner's push to buy 25 Hudson's Bay leases faces landlord opposition: docs
TORONTO — An agreement Hudson’s Bay signed to sell about two dozen leases to a B.C. entrepreneur has encountered a major barrier, new court filings show: landlords who own the properties are overwhelmingly opposed to her moving in.
Jun 19, 2025 4:45 PM
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Resident raises concerns with Cenovus well leak in Saskatchewan
PAYNTON — Cenovus Energy Inc. is facing questions over a well leak at a thermal facility in western Saskatchewan, where an area resident says some are concerned about their health.
Jun 19, 2025 4:44 PM
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Doug Ford apologizes over 'hat in hand' comment about First Nations
TORONTO — Ontario Premier Doug Ford has apologized for saying First Nations should not keep coming "hat in hand" to the government if they say no to mining projects, a comment many First Nation leaders called racist.
Jun 19, 2025 4:39 PM
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Steel industry groups say Carney's retaliatory plan for U.S. tariffs 'falls short'
Prime Minister Mark Carney announced a tariff countermeasure plan Thursday that includes retaliation against Trump's steel and aluminum tariffs a month from now.
Jun 19, 2025 2:47 PM
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Champagne says Canada won't pause digital services tax
OTTAWA — Canada won't put a hold on the digital services tax on big tech companies set to take effect on June 30, the finance minister said Thursday. Pressure has mounted on Ottawa to pause the tax ahead of trade discussions with the U.S.
Jun 19, 2025 2:16 PM
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S&P/TSX composite closes lower despite gains in energy stocks
Canada's main stock index ended lower on Thursday as investors continued to chew on the latest interest rate announcement out of the U.S. and the ripple effects of the Israel-Iran conflict. The S&P/TSX composite index was down 53.
Jun 19, 2025 2:03 PM
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Canada Post reaches deal with second-largest union, negotiations continue with CUPW
OTTAWA — Canada Post says it has reached a contract deal with its second-largest union as negotiations continue with the Canadian Union of Postal Workers.
Jun 19, 2025 1:57 PM
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Decades after Air India 182 bombing, families fear memories of tragedy are fading
Rob Alexander's father wasn't supposed to be on Air India Flight 182 on June 23, 1985. "My mother had actually booked him on an Air France flight to go see his mother in India," recalled Alexander, who was in his teens at the time.
Jun 19, 2025 1:44 PM
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Watchdog recommends foreign ownership of domestic airlines amid low competition
Canada should allow up to 100 per cent foreign ownership of domestic-only airlines in a bid to lower fares and boost flight options, the Competition Bureau says in a new report highlighting the country's "highly concentrated" aviation industry.
Jun 19, 2025 1:42 PM
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