National Business

Canada looks to take the first step back up the rugby sevens ladder when it competes in the Rugby Americas North (RAN) Sevens later this month.

FREDERICTON — New Brunswick's new Liberal finance minister is projecting a deficit of $92.1 million for the current fiscal year, a reversal from the $40.9-million surplus budgeted last spring by the previous Progressive Conservative government.

VIENNA (AP) — Russia’s state-owned natural gas company Gazprom will cut off supplies to Austria’s OMV utility early Saturday, Austria’s chancellor said, adding that his country’s underground gas storage was full and that it had alternative, non-Russi

TORONTO — Taylor Swift fans eager to score a last-minute ticket should be on alert for scams run by "well-organized" fraudsters.

MONTREAL — Management at the Port of Montreal says operations are set to resume Saturday after being disrupted by a labour dispute. The port authority confirms that the Canada Industrial Relations Board has ordered operations to resume as of 7 a.m.

MONTREAL — Fintech company Nuvei Corp. says it has completed its previously announced plan to go private.

HALIFAX — Nova Scotia’s Liberal and NDP leaders highlighted platform pledges related to housing and support for small businesses Friday, as Progressive Conservative Leader Tim Houston campaigned outside of Halifax.

DETROIT (AP) — General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market. The workers, mostly white collar, were notified about the decisions early Friday.

The Canadian Real Estate Association says the number of homes sold in October rose 30 per cent compared with a year ago, marking a shift from the market's holding pattern. On a seasonally adjusted month-over-month basis, national home sales rose 7.

TORONTO — Canadian Tire Corp. Ltd. has signed a deal to sell an industrial property in the Greater Toronto Area for $258 million. The company says the property in Brampton, Ont., includes 1.