National Business

TORONTO — The prime minister must take a threat from U.S. president-elect Donald Trump on tariffs seriously, Ontario Premier Doug Ford said on Tuesday, promising the province will also take steps of its own.

WASHINGTON (AP) — With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves.

CROWSNEST PASS, Alta. — A mayor in southwestern Alberta is hoping for an immediate meeting with Premier Danielle Smith to discuss a coal project his community has voted in favour of being built.

TORONTO — Barrick Gold Corp. says four employees at its Loulo-Gounkoto mine in Mali have been charged and detained pending trial. The Canadian gold miner says it refutes the charges, but did not say what they entailed.

TORONTO — Financial regulators say they're looking into allegations of high-pressure sales practices in Canadian bank branches.

Donald Trump posted to Truth Social on Monday that he plans to sign an executive order imposing a 25 per cent tariff on all products coming into the United States from Canada and Mexico.

The Canadian dollar fell to its lowest level since May 2020 after Donald Trump threatened to impose tariffs on Canadian goods shipped to the United States once he takes office in January.

Alimentation Couche-Tard Inc.'s chief executive says the company is taking a "persistent" but "friendly" approach with the Japanese owner of the 7-Eleven convenience store chain it's trying to acquire.

TORONTO — Ontario's labour minister says the province is planning to introduce a job-protected leave of 16 weeks for people who adopt children or have kids through surrogacy.

TORONTO — Consumer debt rose to a record $2.5 trillion in the third quarter as many Canadians continue to struggle with high living costs and rising unemployment, new surveys from two credit bureaus say.