Business

CAIRO (AP) — The standoff over the Strait of Hormuz quickly escalated again Saturday as Iran reversed its reopening of the crucial waterway and fired on ships attempting to pass, in retaliation after...

OTTAWA — A recent internal audit that outlined major problems in military procurement led to some of the changes to the system introduced under Prime Minister Mark Carney, the federal government said...

HOUSTON — When Canadian astronaut Jeremy Hansen first floated to the window after the Orion capsule's bone-rattling launch into space early this month, what he saw and felt left him grasping for words. He...

Millions of Canadians will receive a one‑time payment on June 5 as the federal government rolls out a temporary top‑up to help offset rising grocery and household costs. The payment is part of the...

Skyrocketing jet fuel costs threaten to push airfares up and flight numbers down well into the peak summer travel season, even as signs of hope emerge that oil flows from the Persian Gulf are set to resume. Iran’s...

TORONTO — Canada's main stock index rallied and U.S. markets moved further into record territory, as oil plunged after Iran's foreign minister said the Strait of Hormuz is fully open. “Without that...

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...