National Business

MONTREAL — A U.S. investor looking to replace a majority of the board of directors at Gildan Activewear Inc. says it will offer its slate of candidates for election at the company's annual meeting instead of a separate shareholder gathering.

OTTAWA — Canada's economy appears to have ended 2023 on a stronger note than expected, which economists say could push back the timeline for interest rate cuts this year. Statistics Canada reported Wednesday the economy grew 0.

Rent prices in Canada soared last year as supply struggled to keep up with demand, leading to the lowest national vacancy rate on record since the Canada Mortgage and Housing Corp. began tracking that data in 1988.

MONTREAL — The Desjardins Group says it will cut its service centres and ATMs by 30 per cent before 2027.

PEBBLE BEACH, Calif. (AP) — The PGA Tour is getting a $3 billion investment from Strategic Sports Group in a deal that would give players access to more than $1.5 billion as equity owners in the new PGA Tour Enterprises.

WASHINGTON (AP) — Pay and benefits for America’s workers grew in the final three months of last year at the slowest pace in two and a half years, a trend that could affect the Federal Reserve's decision about when to begin cutting interest rates.

EDMONTON — Aurora Cannabis Inc. has announced a plan to consolidate its shares on a one-for-10 basis.

MONTREAL — CGI Inc. reported its first-quarter profit and revenue rose compared with a year ago. The Montreal-based business and technology consulting firm says it earned $389.8 million or $1.67 per diluted share for the quarter ended Dec. 31.

REGINA — A case of old hockey cards uncovered in a Regina home is being hailed as a "once-in-a-generation" treasure trove of the game’s Great One. And the bidding has already topped $1 million.

The CEO of Canadian Pacific Kansas City Ltd. says he remains unperturbed by a decree from Mexico’s president that will force freight railways to allow passenger service on their tracks.