National Business

TORONTO — Thomson Reuters Corp. says it has acquired a U.S. tax and accounting software business for $600 million. The Michigan-based company is called cPaperless LLC but operates under the SafeSend name. It has 235 employees.

TORONTO — Altus Group Ltd. says it has closed a deal with tax services and software company Ryan LLC to sell its global property tax business for $700 million.

After recently graduating from college with an advanced diploma in graphic design, Hannah Remillard knows launching her career will likely come with personal challenges.

DETROIT (AP) — Tesla's global sales rose 2.3% in the fourth quarter, but the increase wasn't enough to overcome a sluggish first half, and sales for the full year fell short of 2023 numbers.

WASHINGTON (AP) — The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that suggest most workers enjoy unusual job security.

TORONTO — The parent company of EQ Bank says it has filed notice of its intention to renew its stock buyback plan. EQB Inc. says it has also received approval of the plan from the Toronto Stock Exchange, which allows it to repurchase up to 2.

FREDERICTON — North Atlantic right whales should live well past 100 years, but threats to the endangered species, including from commercial crab and lobster fishing, have cut their lifespan to a fraction of that, a recent study suggests.

Canada’s 100 highest-paid CEOs earned $13.2 million on average in 2023 from salaries, bonuses and other compensation, according to the Canadian Centre for Policy Alternatives.

EDMONTON — Alberta’s electricity “rate of last resort” starts today, replacing the province’s previous default rate for consumers who don't have a contract. The rate is set at about 12 cents per kilowatt hour until 2027.

There are a few changes in federal policies that could affect Canadians' finances in the new year. Brian Quinlan, a chartered professional accountant with Allay LLP, says many of the changes are routine.