Skip to content

National Business

PSP Investments earns 12.6 per cent return, tops reference portfolio

PSP Investments earns 12.6 per cent return, tops reference portfolio

MONTREAL — The Public Sector Pension Investment Board says it earned a return of 12.6 per cent for its latest financial year ended March 31. The results topped the investment fund's reference portfolio, which showed a one-year return of 11.
Republican enthusiasm for Musk cools after his feud with Trump, a new AP-NORC poll finds

Republican enthusiasm for Musk cools after his feud with Trump, a new AP-NORC poll finds

WASHINGTON (AP) — Tech billionaire Elon Musk has lost some of his luster with Republicans since his messy public falling-out with President Donald Trump last week, a new survey finds.
CN Rail warns of 'catastrophic impacts' as it seeks anti-flood barrier in Jasper park

CN Rail warns of 'catastrophic impacts' as it seeks anti-flood barrier in Jasper park

VANCOUVER — CN Rail warns flooding could have "catastrophic impacts" on cross-country services in legal action it has filed to force Parks Canada to consider a protective barrier for its main line through Jasper National Park.
Downtown businesses in Vancouver, Victoria decry desperate public safety situation

Downtown businesses in Vancouver, Victoria decry desperate public safety situation

VANCOUVER — Alan Goodall has owned the Aura nightclub in Vancouver's entertainment district for 16 years, and says the situation for his business has never been worse.
Ottawa puts latest Canada Post offer up for a vote by union members

Ottawa puts latest Canada Post offer up for a vote by union members

OTTAWA — The federal government is asking unionized Canada Post employees to vote directly on the latest offers from the postal service — a rare intervention in labour negotiations that one expert said could give the employer the "upper hand" in its
Alberta to explore injecting oilsands tailings underground as one management option

Alberta to explore injecting oilsands tailings underground as one management option

EDMONTON — The Alberta government says it is considering letting oil companies inject wastewater deep underground as a way to manage the toxic tailings that are accumulating in the oilsands.
Fiery Air India crash kills 241 people aboard, leaving 1 survivor, airline says

Fiery Air India crash kills 241 people aboard, leaving 1 survivor, airline says

AHMEDABAD, India (AP) — An Air India plane bound for London crashed in a residential area of Ahmedabad shortly after takeoff Thursday, killing 241 people on board, the airline said. One passenger who was thrown from the plane survived.
Liberals under fire for rushing bill through Parliament to speed up resource projects

Liberals under fire for rushing bill through Parliament to speed up resource projects

OTTAWA — Prime Minister Mark Carney’s government is coming under fire for seeking to rush through a major piece of legislation that grants cabinet sweeping powers to quickly approve major projects.
Former Alberta health agency CEO asks for speedy ruling in lawsuit against government

Former Alberta health agency CEO asks for speedy ruling in lawsuit against government

EDMONTON — A former health-care agency leader is asking a judge to deliver a quick decision on her wrongful dismissal lawsuit against the Alberta government, but the province says it will push back.
S&P/TSX composite index closes up as gold rises, U.S. markets also higher

S&P/TSX composite index closes up as gold rises, U.S. markets also higher

TORONTO — Canada's main stock index pushed to another record close on Thursday, helped by a rise in the price of gold, while U.S. markets also closed higher after mixed trading earlier in the day. The S&P/TSX composite index closed up 91.