National Business

OTTAWA — Tamara Vrooman is leaving her role as chair of the Canada Infrastructure Bank. Federal Infrastructure Minister Sean Fraser says Vrooman's departure after three years in the job takes effect tomorrow.

The federal government has announced a two-year limit on new study permits to get a handle on a soaring international student program. 

WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge cooled further last month even as the economy kept growing briskly , a trend sure to be welcomed at the White House as President Joe Biden seeks re-election in a race that could pivot

OTTAWA — The federal government posted a deficit of $19.1 billion for the first eight months of its 2023-24 fiscal year. The result for the April-to-November period compared with a deficit of nearly $3.

TORONTO — Ontario's information and privacy commissioner says she feels "a sense of urgency" to act on artificial intelligence as her list of concerns with the technology mounts.

CALGARY — The Alberta Investment Management Corporation (AIMCo) has expressed an interest in purchasing a potential stake in the Trans Mountain pipeline.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,101.54, up 75.76 points): Royal Bank of Canada. (TSX:RY). Finance. Unchanged, at $132.34 on 10.2 million shares.

TORONTO — Strength in energy and utilities helped Canada's main stock index post a modest gain Thursday, while U.S. markets also moved higher following a stronger-than-expected GDP report. The U.S. economy grew 3.

SURREY, B.C. — A power line that fell over Highway 99 in Surrey, B.C., cut off a key route to and from the U.S. Peace Arch Border Crossing for nearly three hours on Thursday.

EDMONTON — The Alberta government says the expansion of pharmacy care clinics across the province could help reduce the strain on the province's emergency departments and family doctors.