National Business

Canadian telecommunications giant Telus and U.S. artificial intelligence tech heavyweight Nvidia have announced plans to build what they call a "sovereign AI factory" in eastern Quebec.

CALGARY — Alberta's energy minister says the government will not draw on the public purse to clean up abandoned oil and gas wells. “We will not put public tax dollars into cleaning up wells,” Brian Jean told reporters Tuesday.

OTTAWA — Shopify Inc. is moving its U.S. stock exchange listing to the Nasdaq from the New York Stock Exchange, beginning March 31.

KELOWNA, B.C. — The B.C. government is contributing $6.6 million in grant funding to food manufacturing firms across the province, saying it will help create jobs and bolster domestic food security.

LAVAL, Que. — Alimentation Couche-Tard Inc. says it earned US$645 million in its third quarter. That's up 3.3 per cent from US$624.4 million during the same quarter a year earlier. For the quarter ended Feb. 2, revenues were US$20.9 billion, up 6.

TORONTO — The possible liquidation of Hudson's Bay is also bringing into question the future of its huge retail footprint, and highlighting the hit other companies could take as part of its downfall.

REGINA — Saskatchewan’s finance minister says more details are coming Wednesday as the province introduces a 2025 budget facing a vise-squeeze from both China and the United States.

FREDERICTON — New Brunswick Finance Minister René Legacy has tabled the province's budget for the 2025-26 fiscal year, which includes measures to help workers and businesses affected by U.S. tariff threats.

TORONTO — Canada's main stock index moved lower Tuesday, led by losses in the technology and industrial sectors, while U.S. stock markets also fell, led by a 1.7 per cent loss on the Nasdaq.

SAN FRANCISCO (AP) — Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the tech giant's biggest-ever acquisition at the same time it's facing a potential breakup of its internet empire.