National Business

TORONTO — Canadian retail sales surged higher at the end of last year to post their largest monthly increase since May 2022, but Statistics Canada says its early estimate for January pointed to a pullback to start 2025.

Canadian grocers, large and small, are seeking alternatives to U.S. products ahead of a potential trade war, while highlighting homegrown products already available on their shelves.

TORONTO — As more than one million mortgages come up for renewal in Canada this year, a new survey says the majority of those homeowners expect to pay more in their monthly borrowing costs.

SASKATOON, Sask. — Nutrien Ltd. says it earned US$118 million in its fourth quarter, down 33 per cent from US$176 million a year earlier. The Saskatoon-based company says its sales totalled US$5.1 billion, down from US$5.

WASHINGTON (AP) — The new head of the Social Security Administration said Wednesday that deceased centenarians are “not necessarily receiving benefits," contradicting claims that tens of millions of dead people over the age of 100 are getting payment

TORONTO — Manulife Financial Corp. says its earnings dipped slightly in the fourth quarter but rose overall in 2024. The company's net income attributable to shareholders was $1.6 billion in the fourth quarter, down three per cent from $1.

ST. JOHN'S, N.L. — Bell is looking for answers after its subsea fibre-optic cable connecting western Newfoundland to Nova Scotia was severed for the second time in the space of a year. The telecommunications cable was most recently cut on Dec.

SASKATOON, Sask. — Saskatchewan Premier Scott Moe says U.S. President Donald Trump "may not be entirely accurate with perceived facts" but is someone Canada must work with. Moe said Wednesday the U.S.

TFI International Inc. says it earned US$88.1 million dollars in its fourth quarter, down from US$131.4 million a year earlier. The company says revenues were US$2.1 billion, up from US$2.0 billion during the fourth quarter of 2023.

TORONTO — Canada's main stock index ticked lower on Wednesday, weighed down by losses in technology and base metals, while U.S. stock markets eked out another gain to reach a new all-time high for the S&P 500.