National Business

VALCOURT, Que. — BRP Inc. reported a fourth-quarter profit loss compared with a profit a year earlier as its revenue fell and it took an impairment charge on its marine business that it has put up for sale.

While fewer Canadians may be looking to buy a vacation home in some regions compared with years past, a new report says prices are expected to increase in 2025 as demand still outpaces supply across most markets.

OTTAWA — Beijing's ambassador to Canada says China is interested in stepping up trade with Ottawa, arguing the U.S. is pursuing a trade war that will hurt the global economy as it struggles to fully recover from the COVID-19 pandemic.

REGINA — Two workers were assessed for minor injuries following a fire at the Co-op Refinery Complex in Regina. Federated Co-operatives Ltd. says the blaze has been contained and an "all clear" has been issued.

LYNN LAKE, Man. — Ground has broken on a gold mining project in northern Manitoba.

EDMONTON — Alberta Premier Danielle Smith is defending her plan to fly to Florida to appear at an event alongside a far-right U.S.

REGINA — Saskatchewan Premier Scott Moe says a plan by the United States to restore Russia's ability to sell fertilizer is a backchannel that funds Ukrainian death and suffering. "This is the most disturbing action that I think we've seen from (U.S.

CHARLOTTETOWN — Prince Edward Island's Progressive Conservative government delivered a throne speech Tuesday focused on the economic uncertainty, rising costs and trade instability caused by U.S. tariff threats.

VICTORIA — British Columbia's government says it will table legislation on Monday that eliminates the consumer carbon tax in the province.

QUÉBEC — Quebec Finance Minister Eric Girard introduced his budget on Tuesday, under a cloud of possible U.S. tariffs on Canadian goods that he forecasts will average 10 per cent in the next two years. Here are some highlights: — Deficit of $13.