National Business

BRAMPTON, Ont. — Space technology firm MDA Ltd. says it earned $13.8 million in net income in its first quarter, down from $16.1 million a year earlier, as its revenue edged higher.

TORONTO — Canadian Tire Corp. Ltd. is the latest retailer to warn of softening consumer demand as high costs of living continue to rein in spending.

TORONTO — Ontario's electricity system operator says it has secured new power supply from 10 battery storage facilities and three natural gas and biogas facilities, which should meet the province's needs until the 2030s.

Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted Thursday to elect three of the board members an activist investor nominated, but he won’t be fired right away.

SASKATOON — Nutrien’s chief executive says improved mine automation helped the fertilizer giant increase potash production in the first quarter amid strong demand for its products.

OTTAWA — The federal anti-money laundering agency has issued a $6-million fine to cryptocurrency exchange company Binance Holdings Ltd. Fintrac says Binance failed to register with the agency as a foreign money services business.

MONTREAL — WSP Global says acquisitions will remain a key part of its expansion strategy, even after snapping up four companies so far this year.

From certified financial planners to wealth managers, chartered professional accountants to money coaches, there are no shortage of people out there providing financial advice and services.

VANCOUVER — Telus Corp. raised its quarterly dividend as it reported its first-quarter profit fell compared with a year ago. The telecommunications company says it will now make a quarterly payment to shareholders of 38.

TORONTO — Brookfield Corp. reported distributable earnings of US$1.22 billion for the first quarter, up from $1.