National Business

EDMONTON — Alberta's government has ditched a new fee schedule for breweries that would have seen the province's oldest beer maker pay significantly more in taxes.

NEW YORK (AP) — U.S. stocks drifted lower as financial markets locked in their final moves before a highly anticipated update coming Friday about the U.S. job market. The S&P 500 fell 0.5% Thursday. The Dow Jones Industrial Average lost 0.

Indigenous communities are set to get access to more capital to buy businesses as the First Nations Bank of Canada and the Business Development Bank of Canada launch a new initiative.

HALIFAX — In response to Prime Minister Mark Carney's bid to make Canada an "energy superpower," Nova Scotia Premier Tim Houston is floating the idea of dramatically ramping up the province's nascent offshore wind energy industry.

Shoppers at Loblaw Cos. Ltd.'s stores will soon no longer be able to get a coffee fix by purchasing Folgers-brand products after a pricing dispute prompted the grocer to pull them from its shelves.

KANANASKIS — Darren Robinson had some very important news to tell U.S. president George Bush and José María Aznar, the prime minister of Spain. The pro shop was open.

WASHINGTON (AP) — President Donald Trump said Thursday that his first call with Chinese leader Xi Jinping since returning to office was “very positive,” announcing that the two countries will hold trade talks in hopes of breaking an impasse over tari

TORONTO — Nearly half of homeowners facing a mortgage renewal in the next year expect their monthly payments to go up — with many anticipating having to adjust their budget to keep up with the higher cost, a survey published on Thursday shows.

FRANKFURT, Germany (AP) — The European Central Bank cut its benchmark interest rate for an eighth time, aiming to support businesses and consumers with more affordable borrowing as U.S.

TORONTO — BMO Financial Group has made changes to its senior executive ranks including new leadership in its U.S. division as it looks to boost operations in the country.