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Congress passes temporary bill to avoid shutdown as lawmakers punt spending decisions to December

Congress passes temporary bill to avoid shutdown as lawmakers punt spending decisions to December

WASHINGTON (AP) — Congress on Wednesday passed a temporary measure that keeps government agencies funded into December, avoiding a shutdown for now while punting final spending decisions until after the Nov. 5 election.
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Womenswear brands Ann Taylor, Loft returning to Canada through Hudson's Bay stores

Womenswear brands Ann Taylor, Loft returning to Canada through Hudson's Bay stores

TORONTO — Hudson's Bay says Ann Taylor and Loft will return to Canada through a partnership with the department store. The deal with Centric Brands LLC, a U.S.
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OSFI easing stress test requirements for uninsured mortgages when switching providers

OSFI easing stress test requirements for uninsured mortgages when switching providers

OTTAWA — The national banking regulator says it will no longer require borrowers with uninsured mortgages to undergo a stress test when switching providers.
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Judge approves $600 million settlement in fiery Ohio derailment

Judge approves $600 million settlement in fiery Ohio derailment

A federal judge approved the $600 million class-action settlement Wednesday that Norfolk Southern railroad offered to everyone who lived within 20 miles (32 kilometers) of last year's disastrous derailment i n East Palestine, Ohio, despite the object
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S&P/TSX composite moves lower Wednesday, U.S. stock markets mixed

S&P/TSX composite moves lower Wednesday, U.S. stock markets mixed

TORONTO — Canada's main stock index edged lower on Wednesday, weighed down by the energy sector as the price of oil fell, while U.S. stock markets were mixed, with the S&P 500 and Dow slipping from the records set the day before.
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Stock market today: Wall Street edges back from its record highs

Stock market today: Wall Street edges back from its record highs

NEW YORK (AP) — U.S. stocks edged back from their records as financial markets around the world take a pause following big recent moves. The S&P 500 fell 0.2% Wednesday, a day after setting its latest all-time high.
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Ford wants to build tunnel under Highway 401 across GTA, no cost estimates provided

Ford wants to build tunnel under Highway 401 across GTA, no cost estimates provided

TORONTO — Ontario is exploring the idea of digging a massive tunnel under Highway 401 to move traffic and transit across the Toronto area, with Premier Doug Ford pledging to build it regardless of what a feasibility study says.
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Ottawa finalizes $500M bailout to Nova Scotia Power to keep rates in check

Ottawa finalizes $500M bailout to Nova Scotia Power to keep rates in check

HALIFAX — Ottawa has finalized a $500-million bailout to help Nova Scotia Power keep rates from skyrocketing due to delivery delays of Muskrat Falls electricity.
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Nova Scotia wine growers walk away from government aid negotiations for industry

Nova Scotia wine growers walk away from government aid negotiations for industry

HALIFAX — The working group examining support for Nova Scotia’s wine industry has lost its co-chair, who resigned this week calling talks with the provincial government an “enormous disappointment.
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More Indigenous participation in labour market would boost Alberta economy: report

More Indigenous participation in labour market would boost Alberta economy: report

EDMONTON — Increased Indigenous participation in Alberta's labour market could boost the province's GDP by between two and three percentage points, the equivalent of $8 billion to $11 billion annually, according to the findings of a new report.
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