National Business

MONTREAL — Laurentian Bank of Canada reported a slight increase in profits in the first quarter as it works through reform efforts. The bank said Friday it had a first-quarter profit of $38.6 million, up from $37.3 million a year earlier.

CALGARY — U.S. tariff threats are making politicians and the general public more receptive to Canadian energy infrastructure projects, the chief executive of Pembina Pipeline Corp. says.

REDMOND, Wash. (AP) — Microsoft is closing down Skype, the video-calling service it bought for $8.5 billion in 2011.

OTTAWA — Canada's economy was heating up heading into 2025, but the return of U.S. President Donald Trump to the White House threatens to snuff out those burgeoning flames. Statistics Canada reported Friday that real gross domestic product rose 2.

Police say an Oakville man is facing multiple charges after allegedly robbing 14 banks and two retail businesses this month in several cities across southern Ontario, including Toronto, Hamilton and Guelph.

EDMONTON — Imran Kayesh remembers the smell of lightly marinated chicken and fish sizzling on a grill inside a packed restaurant in Bangladesh just before sunrise during Ramadan. "It's like 4 or 5 a.m.

CALGARY — Pembina Pipeline Corp. announced it's investing in a proposed Edmonton-area natural gas power plant that could supply a massive data centre complex, as it reported a dip in quarterly earnings and a boost in pipeline volumes.

Shopify Inc. has listed a U.S. address alongside its Canadian headquarters for the first time in an annual regulatory filing it made with the U.S. Securities and Exchange Commission.

CALGARY — Meg Energy Corp. says it earned $106 million in its fourth quarter, up from $103 million a year earlier. The Calgary-based company says revenues totalled $1.15 billion, down from $1.44 billion during the same quarter last year.

VANCOUVER — For the second time this month, Telus is offering buyouts to hundreds of employees across the country. The telecom company said it's offering "generous" buyout packages as part of the company's push for more self-serve solutions.