National Business

TORONTO — High interest rates and rising costs have pushed RioCan Real Estate Investment Trust to put a halt to starting any major new construction projects.

OTTAWA — Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.

TORONTO — Long associated with morning coffee runs and breakfast, Tim Hortons is setting its sights on dominating the second half of the day too. "We are really super excited about the opportunities to be had in the p.m.

CALGARY — Canadian pipeline giant Enbridge Inc. has signed a deal to purchase seven existing renewable natural gas facilities in Texas and Arkansas for US$1.2 billion.

TORONTO — The Ontario Securities Commission has approved an $8-million settlement with Royal Bank of Canada over issues with its tracking of costs related to internal software development.

CALGARY — The company building the Trans Mountain pipeline expansion has been issued a temporary stop-work order due to environmental non-compliance related to a wetland near Abbotsford, B.C.

OTTAWA — Canada’s unemployment rate rose to 5.7 per cent last month as job opportunities became less plentiful in an economy weighed down by high interest rates.

Magna International Inc. is reporting a jump in profits and revenues for its third quarter, beating analyst expectations. The auto parts manufacturer, which keeps its books in U.S.

OTTAWA — The national unemployment rate was 5.7 per cent in October. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

OTTAWA — Canada's national unemployment rate was 5.7 per cent in October. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10 per cent (9.7) _ Prince Edward Island 6.