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OTTAWA — A consequential report on Canada Post largely backs the Crown corporation's story about its flagging business, experts say, and bodes poorly for the union attempting to negotiate a better deal for the postal service's workers.

MONTREAL — A Quebec labour tribunal has begun hearing a case against Amazon over the e-commerce giant's closure in January of seven warehouses in the province.

CALGARY — The executive chairman of Strathcona Resources Ltd. says his company aims to join two complementary oilsands players with its unsolicited takeover bid for MEG Energy Corp., but one analyst calls the $5.

CALGARY — The May long weekend is when gasoline prices tend to start levelling off ahead of the high-demand summer driving season.

MONTREAL — Small businesses and shipping firms are preparing for a possible Canada Post strike as early as next week, a disruption they warn could strain supply chains and freeze millions of parcels as well as billions of dollars in sales.

TORONTO — Hudson's Bay is getting a second life with a new owner — Canadian Tire Corp. Ltd. Canadian Tire said Thursday that it will pay $30 million for intellectual property belonging to the retailer, which is Canada's oldest company.

CALGARY — For more than 65 years, Enbridge Inc.'s Westcoast pipeline has been pumping natural gas through First Nations territories across British Columbia.

The Canadian Real Estate Association says home sales in April fell 9.8 per cent compared with the same month last year, as the national housing market has returned "to the quiet markets we’ve experienced since 2022.

WASHINGTON (AP) — U.S. wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Donald Trump’s sweeping taxes on imports .

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in April rose 30 per cent compared with March.