National Business

CALGARY — Shell Canada Ltd. is exiting the oilsands in a deal with Canadian Natural Resources Ltd. that will see it increase its stake in the Scotford upgrader and Quest Carbon Capture and Storage facility.

MISSISSAUGA, Ont. — Chartwell Retirement Residences has signed a deal to buy a retirement residence complex in Montreal for $136 million.

WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.

CAPE CANAVERAL, Fla. (AP) — NASA’s two stuck astronauts took their first spacewalk together Thursday, exiting the International Space Station almost eight months after moving in.

FRANKFURT, Germany (AP) — Europe’s economy stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight year of shrinking output, officials said Thursday.

VICTORIA — The British Columbia government has approved a legal order to extend temporary protections to an old-growth forest on Vancouver Island even as the minister of forests acknowledged that the RCMP are investigating reports of tree spiking in

CALGARY — As the threat of 25 per cent tariffs looms over Canada, Alberta's premier says Ottawa should appoint a "border czar" to work collaboratively with the United States.

EDMONTON — The right to hunt a single bighorn sheep, Alberta's official mammal, has netted the province US$400,000 at auction.

MONTREAL — Economic dependence between Canada, the United States and Mexico is too strong for tariffs to kneecap trade, says the head of Canadian Pacific Kanas City Ltd. "How many engines and transmissions are built in the U.S.

WINNIPEG — Manitoba Premier Wab Kinew said Wednesday he still hopes Canada can avoid United States tariffs, but the country will have to respond strongly if U.S.