Economy, Law & Politics

John David Lunam solicited clients to invest in private placements connected to a penny stock promoter since found liable for securities fraud in the United States.

OTTAWA — President-elect Donald Trump was joking when he suggested Canada become the 51st U.S. state during a dinner with Prime Minister Justin Trudeau in Florida on Friday, said a Liberal minister who attended the meeting.

TORONTO — The Canadian Union of Postal Workers says a new framework for negotiations that Canada Post presented over the weekend moved closer to the union's position on some issues, but that it remains far from what members could ratify.

A search has started for a new CEO, the chamber said in a statement late Monday.

Scams related to parcels and deliveries typically increase this time of year, but the work stoppage at Canada Post has led to even more fraud attempts, says Equifax Canada.

The Canada Emergency Business Account program lent 898,000 small businesses $49.1 billion to help cover expenses such as rent and payroll during the pandemic.

TORONTO — Canada's main stock index moved lower Monday, weighed down by weakness in energy stocks, while U.S. stock markets were mixed on the first trading day of December.

VANCOUVER — The British Columbia Securities Commission has imposed more than $18 million in sanctions on a cryptocurrency trading platform and its owner who it says diverted customers' assets to gambling and personal accounts.