National Business

TORONTO — Even with 1.8 million followers on TikTok, Wallace Wong says he feels like he's been dealt a huge blow after the federal government directed the app to shut down its Canadian operations this week.

HALIFAX — Nova Scotia's incumbent Progressive Conservatives released their election platform Friday, announcing that if elected to govern Nov. 26, they will impose a cap on electricity rate increases.

Experts say Donald Trump’s election victory could shift interest rate policy in the U.S. as his promised policies risk higher inflation, which could ultimately have implications for Canadian rates and the loonie.

Telus Corp. says it is avoiding offering "unprofitable" discounts as fierce competition in the Canadian telecommunications sector shows no sign of slowing down.

FREDERICTON — New Brunswick says a parasite threatening the country's oyster industry may have spread to the province's east coast.

MONTREAL — Montreal-based women's clothing retailer Groupe Dynamite Inc. says it has filed a preliminary prospectus for an initial public offering to list on the Toronto Stock Exchange.

TORONTO — When the world's hottest acts announce Canadian tour dates, fans have become accustomed to the ticket-buying experience being a mix of luck and loss.

EDMONTON, ALBERTA, CANADA — Alberta Forestry Minister Todd Loewen says the decision to lift limits on trapping and harvesting for animals like wolverines is being done to get more data on how many there are.

EDMONTON — Alberta’s finance minister has sacked the chief executive officer and entire board of directors of Alberta Investment Management Corp.

MONTREAL — Saputo Inc. says it earned $126 million in its second quarter, down from $156 million a year earlier. The Montreal-based company says revenues for the quarter ended Sept. 30 were $4.71 billion, up from $4.