National Business

TORONTO — Canada's main stock index fell almost 300 points Friday after a surprising rise Thursday, pulled down by losses in energy and base metals, while the U.S. markets fell at a steeper rate. The S&P/TSX composite index closed down 287.

WASHINGTON — Canada is leading, not lagging, the global energy shift in the wake of Russia's invasion of Ukraine, Deputy Prime Minister Chrystia Freeland said Friday, dismissing the notion that her recent call to arms was aimed in part at her own gov

CALGARY — Canada's biggest oilsands companies say they will spend $16.5 billion before 2030 on a massive proposed carbon capture and storage facility that is the centrepiece of their net-zero-by-2050 pledge.

NEW YORK — Stocks ended broadly lower on Wall Street, leaving most major indexes in the red for the week, as more concerns emerged about inflation. Markets fell after a report showed U.S.

Canada’s oldest candy and chocolate company Ganong Bros., Ltd. is teaming up with the head of seafood giant Cooke Inc. in a bid to grow the family-run confectionery business.

The Canadian Real Estate Association (CREA) says the country's housing market continued to slow in September — a stark contrast from the flurried pace of sales the fall usually delivers. The association said Friday that September sales were down 3.

OTTAWA — Manufacturing sales fell 2.0 per cent to $70.4 billion in August as petroleum and coal sales edged down on lower prices and volumes, Statistics Canada said Friday.

NEW YORK (AP) — Dolly Parton laughs at the idea that she is some sort of secret philanthropist.

LONDON (AP) — Embattled British Prime Minister Liz Truss sacked her Treasury chief and reversed course on a major part of her tax-cutting economic plan Friday as she struggled to hang on to her job after weeks of turmoil on financial markets.

NEW YORK (AP) — JPMorgan Chase and the rapper formerly known as Kanye West are ending their business relationship, but the breakup is not a result of the controversy over the hip-hop star's recent antisemitic comments .