Business

MONTRÉAL — Ottawa is drawing inspiration from the North American Free Trade Agreement as it works to develop a new alliance with the European Union, Industry Minister Mélanie Joly says.

OTTAWA — The federal government posted a deficit of $5.36 billion for the first five months of its 2026-27 fiscal year.

TORONTO — CIBC is naming former federal finance minister Bill Morneau as the next chair of its board of directors.

Signs that economic growth stalled over the summer have some economists debating the timing of the Bank of Canada's next interest rate hike. Statistics Canada said Friday that real gross domestic product...

An annoying but fleeting point of friction for many businesses is being tossed aside this fall as parts of the country do away with the twice-annual time change starting Sunday.

MONTREAL — Prime Minister Mark Carney and his European Union counterparts are closing a major summit by announcing what they call an alliance for the future.

MONTREAL — Air Canada says it expects lower earnings this year due to sky-high fuel costs after a tough quarter that saw its bottom line nearly cut in half.

OTTAWA — Defence Minister David McGuinty says the federal government's planned purchase of 88 F-35 stealth fighters remains under review, even after the military received its first two F-35s in recent days.

OTTAWA — Canadian labour leaders are warning that unions could bring about a nationwide job action if Ottawa rams through a contentious suite of proposed changes to the Canada Labour Code.