National Business

TORONTO — As more than one million mortgages come up for renewal in Canada this year, a new survey says the majority of those homeowners expect to pay more in their monthly borrowing costs.

The list of potential American tariffs that could affect Canada grew Wednesday night when U.S. President Donald Trump dropped the idea of a 25 per cent levy on lumber and forest products.

TORONTO — Delta Air Lines is offering US$30,000 to passengers who were on the plane that crashed at Toronto's Pearson airport earlier this week, with a company spokesperson saying the money "has no strings attached and does not affect rights.

Alberta Premier Danielle Smith removed her government's deputy minister of health Wednesday but bucked calls for a public inquiry into allegations of government interference in lucrative medical contracts.

British Columbia-based forestry giant Interfor reaped an estimated $1.8 million in net profit from logging in old-growth areas that were meant to be preserved, a decision by the province's Forest Appeals Commission says.

SASKATOON, Sask. — Nutrien Ltd. says it earned US$118 million in its fourth quarter, down 33 per cent from US$176 million a year earlier. The Saskatoon-based company says its sales totalled US$5.1 billion, down from US$5.

WASHINGTON (AP) — The new head of the Social Security Administration said Wednesday that deceased centenarians are “not necessarily receiving benefits," contradicting claims that tens of millions of dead people over the age of 100 are getting payment

OTTAWA — The government's fiscal watchdog says a guaranteed basic income program at the federal level could cut poverty rates in Canada by up to 40 per cent.

TORONTO — Manulife Financial Corp. says its earnings dipped slightly in the fourth quarter but rose overall in 2024. The company's net income attributable to shareholders was $1.6 billion in the fourth quarter, down three per cent from $1.

ST. JOHN'S, N.L. — Bell is looking for answers after its subsea fibre-optic cable connecting western Newfoundland to Nova Scotia was severed for the second time in the space of a year. The telecommunications cable was most recently cut on Dec.