National Business

MONTREAL — BRP Inc. announced an ambitious expansion into electric vehicles on Thursday, investing $300 million over five years as the company looks to adapt to market trends and broaden its appeal to a new set of customers.

TORONTO — The Ontario budget's promise of $2.8 billion for improved broadband internet and cellular service in underserved areas has raised the hopes for many rural cities, towns and counties that are outside the province's major urban areas.

HALIFAX — Nova Scotia's Liberal government is projecting a $585-million deficit driven by pandemic costs in a budget that critics say is light on investment in areas where the virus took its greatest toll.

Canada's second-largest grocery retailer and an industry group representing food manufacturers agreed on Thursday to a draft grocery code of practice they say takes aim at unfairness in the market. Empire Company Ltd.

CALGARY — The Supreme Court of Canada's ruling that the federal carbon price is constitutional raises questions about Canada's ongoing ability to compete with other energy producers around the world, an oil and gas expert said Thursday.

TORONTO — Significant price increases and overvaluation are causing Toronto, Ottawa, Hamilton, Halifax and Moncton's housing sectors to face "high" levels of vulnerability, while rural areas are heating up the national outlook, says the country's hou

NEW YORK — Steven Spielberg said Thursday that he will donate his $1 million Genesis Prize to 10 nonprofits that are working for racial and economic justice.

TORONTO — Canadian landlords are renegotiating contracts and leases as several of the country's top real estate markets shift in favour of renters during the COVID-19 pandemic.

HALIFAX — Nova Scotia Finance Minister Labi Kousoulis tabled the 2021-22 Nova Scotia budget Thursday. Here are some highlights. - A deficit of $584.9 million is projected on a spending program of $12.5 billion, with total debt hitting $17.

TORONTO — The recent auction of an artwork has created a stir in the art and tech worlds, and not just because of the US$69.4-million final bid it fetched.