National Business

CALGARY — Investors applauded with higher stock prices for both Arc Resources Ltd. and Seven Generations Energy Ltd. on Thursday following the announcement of an oilpatch marriage one analyst described as "a merger of high quality equals.

When Catherine Ikeda-Blazys moved next door to her aging parents eight years ago, it was the perfect spot for her to care for them in their golden years.

TORONTO — Brookfield Asset Management Inc. raised its dividend as it reported a fourth-quarter profit of US$1.8 billion, up from US$1.6 billion a year earlier. The asset manager, which keeps its books in U.S.

HALIFAX — Canadians are expected to spend less this Valentine’s Day as COVID-19 lockdowns and ongoing economic uncertainty dampens consumer enthusiasm for the February mass-market holiday, retail experts say.

LOS ANGELES — Lucasfilm says Gina Carano is no longer a part of “The Mandalorian” cast after many online called for her firing over a social media post that likened the experience of Jews during the Holocaust to the U.S. political climate.

EDMONTON — Alberta Premier Jason Kenney, responding to two of his United Conservative caucus members who are openly challenging his government's COVID-19 economic lockdown rules, says it’s a matter of free speech.

HIGHLANDS, N.J. — Bruce Springsteen is facing a drunken driving charge in New Jersey, prompting Jeep to put on pause the Super Bowl television commercial that features him. Springsteen was arrested Nov.

MISSISSAUGA, Ont. — Russel Metals says it lost more money in the fourth quarter than in the same period in 2019. The Mississauga-based company says it had a net loss of $9 million in the three months that ended Dec.

TORONTO — Merck Mercuriadis is holding a Canadian treasure in his hands. Deep into a conversation about the future of the music industry, the head of the Hipgnosis Songs Fund steps away from his webcam to pull a vinyl record from his shelf.

TORONTO — Manulife Financial Corp. says its fourth-quarter profits rose 45 per cent from a year ago, as gains from interest rates and bond sales offset lower volumes of new business during the COVID-19 pandemic last year.