National Business

CALGARY — Shares in Veren Inc. jumped as the oil and gas producer said it finished 2024 with improved performance out of its wells in northwestern Alberta and would take a breather from big asset deals.

TORONTO — TD Bank Group's restructuring is well underway, said chief executive Raymond Chun, as the bank works to complete its anti-money laundering reforms and prepare for growth despite imposed U.S. limitations.

LOCKEPORT, N.S. — Halifax-based Clearwater Seafoods announced Thursday plans to change its lobster operations, which will result in permanent and temporary job losses in Nova Scotia.

Quebecor Inc. raised its quarterly dividend as it reported its fourth-quarter profit rose compared with a year ago, as the company continued to boost the number of wireless phone customers it serves.

OTTAWA — New Democrat MP Charlie Angus is calling for a countrywide consumer boycott of Amazon to protest the online retail giant's closure of seven of its warehouses in Quebec.

TORONTO — RBC reported a surge in impaired loans in its first quarter but says overall results were boosted by better-than-expected economic and banking conditions. Canada's largest bank reported gross impaired loans of $7.

OTTAWA — U.S. President Donald Trump on Thursday said he still intends to slap Canada with tariffs next week after a monthlong reprieve. But Canadians confused about Trump's plans aren't alone, with the U.S.

MONTREAL — The Japanese owner of 7-Eleven says it's in talks with Alimentation Couche-Tard Inc. after a management buyout proposal from a member of the family that helped found the company was unable to secure financing. Seven & i Holdings Co.

OTTAWA — The Supreme Court of Canada will not hear constitutional challenges of the no-fly regime from two men who were prevented from boarding flights in Vancouver.

TORONTO — When Harpreet Singh decided to convert his basement into a rental suite, funding the renovation essentially came down to two options: using his own savings or borrowing money.