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National Bank CEO Louis Vachon to retire, Laurent Ferreira named successor

National Bank CEO Louis Vachon to retire, Laurent Ferreira named successor

MONTREAL — National Bank of Canada chief executive Louis Vachon will retire at the end of October after nearly 15 years in the job, the bank said Wednesday. Chief operating officer Laurent Ferreira will replace him in the top post starting Nov.
Labrador's Innu Nation suing federal government and N.L. over Muskrat Falls deal

Labrador's Innu Nation suing federal government and N.L. over Muskrat Falls deal

ST. JOHN'S, N.L. — Labrador's Innu Nation says it has launched a lawsuit against Ottawa and the Newfoundland and Labrador government over a recent $5.2-billion deal involving the troubled Muskrat Falls hydroelectric project.
Canada's big three grocers see shifting shopping habits as pandemic restrictions ease

Canada's big three grocers see shifting shopping habits as pandemic restrictions ease

Financial results from Canada's three largest grocers offered a clearer picture of how the COVID-19 crisis has shaped shopping habits — and how consumers respond when public health restrictions are eased. Metro Inc.
US consumer prices rose in July but at slower pace

US consumer prices rose in July but at slower pace

WASHINGTON (AP) — Prices for U.S. consumers rose last month but at the slowest pace since February, a sign that Americans may gain some relief after four months of sharp increases that have imposed a financial burden on the nation's households.
CAE reports Q1 profit, revenue up nearly 40% compared with year ago

CAE reports Q1 profit, revenue up nearly 40% compared with year ago

MONTREAL — CAE Inc. reported a profit in its latest quarter compared with a loss a year ago as its revenue rose nearly 40 per cent. The simulator and training company says its profit attributable to equity holders was $46.
Instagram apologizes for Almodóvar film's poster censorship

Instagram apologizes for Almodóvar film's poster censorship

MADRID (AP) — Instagram has apologized for removing the official poster for Spanish director Pedro Almodóvar's new film from the social network because it showed a female nipple, after the poster's designer complained of censorship.
Canada Goose reports Q1 revenue more than doubled compared with last year

Canada Goose reports Q1 revenue more than doubled compared with last year

TORONTO — Canada Goose Holdings Inc. more than doubled its revenue in its latest quarter amid strong sales in Canada and China, even as it reported a higher net loss. The maker of luxury winter parkas said Wednesday its revenue grew by 126.
China sentences Canadian to 11 years in case tied to Huawei

China sentences Canadian to 11 years in case tied to Huawei

DANDONG, China (AP) — A Canadian entrepreneur was sentenced to 11 years in prison Wednesday in a spying case linked to Beijing’s effort to push his country to release an executive of tech giant Huawei, prompting an unusual joint show of support for C
China recalls Lithuania ambassador in row over Taiwan office

China recalls Lithuania ambassador in row over Taiwan office

BEIJING (AP) — China on Tuesday recalled its ambassador to Lithuania and expelled the Baltic nation’s top representative to Beijing over the country’s decision to allow self-governing Taiwan to open an office in Lithuania under its own name.
Canadian faces spy ruling in China as Huawei decision looms

Canadian faces spy ruling in China as Huawei decision looms

BEIJING (AP) — A Canadian entrepreneur who was charged with spying after his government arrested an executive of Chinese tech giant Huawei faces a possible verdict Wednesday as Beijing steps up pressure on Canada ahead of a court ruling on whether to
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