Business

TORONTO — Canadian and U.S. stock markets surged higher in late-morning trading, while the price of oil fell more than 10 per cent after Iran's foreign minister said the Strait of Hormuz is fully open...

The Ontario government has confirmed it has purchased a used Challenger 650 jet to support the premier's travel across the province, Canada, and the United States. In a statement from the Premier's...

Canada Mortgage and Housing Corp. says the seasonally adjusted annual rate of housing starts in March fell six per cent compared with February. The national housing agency says the seasonally adjusted...

OTTAWA — An internal federal government audit delivered late last year warned the work of buying and upgrading military technology was still being plagued by bureaucratic hurdles. The report was released...

TORONTO — RBC and Scotiabank say they're dropping their 2030 targets for reducing financed emissions as governments pull back on climate action and artificial intelligence drives a surge in energy demand. In...

OTTAWA — Canada's privacy commissioner says he hopes laws around private sector data sharing are strengthened as the federal government prepares to open the domestic market to Chinese electric vehicles. Speaking...

OTTAWA — Conservative Leader Pierre Poilievre says a new Liberal majority government means Prime Minister Mark Carney no longer has any excuse for failing to deliver on his economic promises. Poilievre...

NEW YORK (AP) — The owner of home shopping network pioneer QVC — which for years garnered the attention of millions of TV viewers looking for a deal on baubles and housewares, is planning to file for...

OTTAWA — Canada Post is starting preliminary work to convert addresses that receive door-to-door mail to community mailboxes, and to phase out some post offices. The Crown corporation said in a news...