National Business

TORONTO — Canada's main stock index struggled to find direction and finished flat on Thursday, while U.S. markets reached new highs and investors digested key earnings reports on both sides of the border.

CALGARY — The bad news for Alberta's oil-reliant budget is set to get worse. Finance Minister Nate Horner says softening oil prices mean this year's projected budget deficit is expected to grow by $1.3 billion, and will now finish at $6.

WINNIPEG — Manitoba's auditor general is suggesting the province should have more oversight over the operations of municipalities following an investigation into allegations of financial mismanagement, improper governance practices and lack of accoun

UNITED NATIONS (AP) — France, Germany and the United Kingdom moved Thursday to reimpose United Nations sanctions on Iran over its nuclear program , further isolating Tehran after its atomic sites were repeatedly bombed during a 12-day war with Israel

A new global report says record-breaking 2023 wildfires drove Canada's air pollution to levels not seen since at least the late 1990s and exposed half the country to pollution concentrations above the national standard.

Stocks moved further into record territory on Wall Street. The S&P 500 rose 0.3% Thursday, its second record in a row. The Dow Jones Industrial Average climbed 0.2%, eking out an all-time high of its own. The Nasdaq composite added 0.5%.

The tone was more cautious than doom-and-gloom this week as executives at Canada's big six banks released third-quarter results and discussed how geopolitical unrest and trade turmoil is likely to continue clouding the picture in the months ahead.

OTTAWA — Representatives from the German government and submarine builder ThyssenKrupp Marine Systems insist there's no question they can meet Canada's tight delivery deadline for getting its first new submarine by 2035.

TORONTO — TD Bank Group swung to a profit in its latest quarter compared to last year as it continues to restructure and recover from anti-money laundering failures. "This quarter, we made significant progress on our U.S. balance sheet restructuring.

LONDON — Spirits maker Diageo will cease operations at its bottling facility in Amherstburg, Ont., early next year, as it shifts some bottling volume to the U.S., the company announced on Thursday.