National Business

TORONTO — A new report lays out how an innovative funding model for community groups could be scaled up.

MONTREAL — BCE Inc. reported its first-quarter profit fell compared with a year ago as it faced higher severance, acquisition and other costs related mainly to job cuts.

MONTREAL — Air Canada reported a loss of $81 million in its first-quarter as its operating revenue rose seven per cent from a year ago. The airline says the loss amounted to 22 cents per diluted share for the quarter ended March 31.

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. reported a profit in its latest quarter compared with a loss a year ago as its sales edged lower. The company says its profit amounted to $51.

TORONTO — Traditional wealth management firms are at an increasing risk of losing younger clients, particularly as new rules to make investment fees more transparent loom, a new survey shows. An investor satisfaction study by J.D.

A signature carbon capture and storage project in Saskatchewan continues to miss emissions reduction goals, raising questions about the cost-effectiveness of the technology, says a report.

WASHINGTON (AP) — The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably t

As Gildan Activewear Inc. executives continued to argue with its top shareholders over who should lead the company, which is open to a sale, the business reported its earnings fell almost 20 per cent in its first quarter.

Employees at Canada's two biggest railways have authorized a strike that could see thousands of workers walk off the job in three weeks if they are unable to reach new deals on contract demands. About 6,000 employees at Canadian National Railway Co.

VICTORIA — British Columbia's hotel association says a new central booking portal will help speed up the process of finding places to stay for emergency evacuees.