National Business

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,344.25, down 316.06 points): Enbridge Inc. (TSX:ENB). Energy. Down 76 cents, or 1.41 per cent, to $53.15 on 18 million shares.

TORONTO — Canada's main stock index was down more than 300 points Wednesday with losses of more than four per cent in energy while U.S. markets also fell substantially.

TORONTO — An earnings boost from wider margins helped push up shares of EQ Bank owner Equitable Group Inc. by more than 12 per cent Wednesday. The jump came as the bank reported record third quarter earnings of $77.6 million, up from $72.

The head of Canopy Growth Corp. has high hopes for the U.S. Senate and potential cannabis legislation after Tuesday's midterm elections.

NEW YORK (AP) — Wall Street closed sharply lower, giving back a big chunk of the gains built in a three-day rally running up to Election Day. The S&P 500 lost 2.1% Wednesday. Several sources of disappointment were behind the drop.

TORONTO — As the busy winter travel season approaches, researchers are looking to use artificial intelligence and surveillance technologies at Canada's airports to help curb the spread of COVID-19.

TORONTO — A number of Canadian workers have been laid off by Meta Inc. as the tech giant announced plans to cut 13 per cent of its workforce in a bid to become "leaner and more efficient.

TORONTO — BMO Financial Group will record a $1.12-billion provision after a U.S. jury found it liable in relation to a Ponzi scheme alleged to have been facilitated by a bank it bought.

CALGARY — TC Energy Corp. is looking to divest $5 billion in assets next year, as the Calgary-based pipeline operator seeks to pay down debt and fund new projects.

Statistics Canada says consumer insolvencies rose 22.5 per cent in the third quarter compared with a year earlier, marking the largest percentage increase in 13 years. The federal agency says consumer insolvency filings increased 2.