National Business

TORONTO — A surprise production cut by the Organization of Petroleum Exporting Countries and its allies (OPEC plus) is just one factor lifting the spirits of Canada's energy sector executives these days, as experts say crude prices could return to US$100 a barrel later this year.

TORONTO — The heads of CIBC and Scotiabank kicked off this year's round of shareholder meetings Tuesday by emphasizing their sound financial footing in the wake of several high-profile bank failures while also acknowledging they have more work to do.

MONTREAL — Canada Jetlines has pressed pause on its domestic routes as the upstart airline refocuses on sun destinations and leasing its planes, but says it plans to resume in-country flights come fall.

CHARLESTON, W.Va.

ZURICH (AP) — Credit Suisse shareholders on Tuesday upbraided the Swiss bank's leaders for years of mismanagement, scandal and obfuscation that sent its stock price into the gutter, while executives apologized and insisted that the only way forward f

TORONTO — DesRosiers Automotive Consultants Inc. says auto sales rose 3.7 per cent in March from a year earlier for a fifth month in a row of gains.

WASHINGTON (AP) — U.S. job openings slipped to 9.9 million in February, fewest since May 2021 and a sign that the job market may be starting to cool, which would be welcome news for the inflation fighters at the Federal Reserve.

OTTAWA — The Bank of Canada says deputy governor Paul Beaudry will be leaving his position at the central bank at the end of July. According to a news release, Beaudry will return to his academic position at the University of British Columbia.

VANCOUVER — The Real Estate Board of Greater Vancouver says home sales fell 42.5 per cent in March from a year ago and were 28.4 per cent below the 10-year seasonal average.

In 2020, Jonathan Atwin and his partner jumped on the personal finance wagon, teaching themselves all about money and how to manage it better. “At the time, we were carrying some debt, so we wanted to try to tackle that,” said Atwin.