National Business

Loblaw chairman Galen Weston, as well as the company's new chief executive, pushed back on what they called “misguided criticism” of the grocer as a boycott againstthe company gains steam online.

MONTREAL — Canadian airlines have enjoyed a two-year boom amid consumer hunger for post-pandemic travel. But as that pent-up demand recedes, the country's largest carrier hopes to ramp up ticket sales to corporate customers instead.

Frustration over BCE Inc.'s 4,800 job cuts earlier this year spilled over at the company's annual general meeting on Thursday, as investors and employees questioned executives on their compensation during a period of belt-tightening for staff.

CALGARY — Fuel retailer Parkland Corp. said Thursday the 157 Canadian fuel and convenience store locations it has put up for sale are generating a great deal of interest from prospective buyers.

EDMONTON — An analyst says a corporate decision to mothball Canada's largest carbon capture and storage project is likely the result of financial uncertainty and technological risks.

HALIFAX — Nova Scotia’s public works minister says that after a review by her department, the province will be keeping its current motor vehicle inspection requirement in place.

OTTAWA — Canada posted a merchandise trade deficit of $2.3 billion in March, its largest deficit since June last year, Statistics Canada said Thursday.

CALGARY — Canadian Natural Resources Ltd.

CALGARY — Paramount Resources Ltd. raised its dividend by 20 per cent as it reported a first-quarter profit of $68.1 million. The oil and gas producer says it will now pay a monthly dividend of 15 cents per share, up from 12.5 cents per share.

TORONTO — DesRosiers Automotive Consultants Inc. says April car sales were up 14 per cent compared with the same month last year, though they're still below levels seen pre-pandemic.