National Business

The chair of Canada Post’s board says the organization’s financial situation is unsustainable. "The board and senior management recognize that Canada Post is at a critical juncture," said André Hudon at its annual general meeting on Wednesday.

WASHINGTON (AP) — The Supreme Court on Wednesday kept on hold the latest multibillion-dollar plan from the Biden administration that would have lowered payments for millions of borrowers, while lawsuits make their way through lower courts.

WASHINGTON (AP) — The Supreme Court on Wednesday kept on hold the latest multibillion-dollar student debt relief plan from the Biden administration, while multiple lawsuits make their way through lower courts.

VANCOUVER — When food safety researcher Tianxi Yang became a mother, she wondered how much microplastic her son would ingest when drinking milk out of widely available plastic containers.

Certain solar farms will be banned on prime agricultural land in Ontario as the province expands energy production to meet demand in the coming decades, Energy Minister Stephen Lecce said Wednesday.

VANCOUVER — Flair Airlines is looking for partners to inject fresh capital into the discount carrier in order to "restructure" its finances and build out its fleet.

OTTAWA — A Federal Court of Appeal judge has acquitted Canadian Pacific Kansas City Ltd. of contempt of court related to excessively long hours worked by employees.

OTTAWA — Shopify Inc. has named a new chief technology officer, filling a role that has been empty since January 2023. The Ottawa-based e-commerce software firm says Mikhail Parakhin will take on the job.

WARSAW, Poland (AP) — Polish Prime Minister Donald Tusk says the 2025 state budget will include record-high spending on defense.

MONTREAL — National Bank of Canada reported a third-quarter profit of $1.03 billion, up from $830 million a year ago, helped by strength across its operations. The Montreal-based bank said Wednesday its net income amounted to $2.