National Business

LONDON (AP) — The Bank of England kept its main interest rate unchanged on Thursday at the 15-year high of 5.

TORONTO — Barrick Gold Corp. reported a third-quarter profit of US$368 million, up from US$241 million a year earlier, helped by higher gold prices. The Toronto-based gold miner, which keeps its books in U.S.

BLETCHLEY PARK, England (AP) — Delegates from 28 nations, including the U.S. and China, agreed Wednesday to work together to contain the potentially “catastrophic” risks posed by galloping advances in artificial intelligence.

OTTAWA — The federal government plans to level out the number of new permanent residents to Canada in 2026 in reaction to a crunch on housing and other services, the immigration minister announced Wednesday.

ST. JOHN'S, N.L. — The Newfoundland and Labrador government has asked the company vying to build one of the country's first large-scale green hydrogen plants to provide more information about the project's effects on the environment.

CALGARY — Fuel retailer Parkland Corp. says its third-quarter earnings more than doubled in 2023 thanks to favourable market conditions and the company's ongoing efforts to optimize its Burnaby refinery.

WASHINGTON (AP) — The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead.

OTTAWA — Bank of Canada governor Tiff Macklem says the central bank held its key interest rate at five per cent in part because of the effect a wave of upcoming mortgage renewals is expected to have on the economy.

OTTAWA — The Conservatives moved Wednesday to make carbon pricing the ballot box question in the next federal election, seizing on public anxiety about affordability and seeing a crack in the Liberal government's carbon-price armour.

SASKATOON — Nutrien Ltd. says it earned US$82 million in the third quarter, down from US$1.6 billion a year earlier. The Saskatoon-based company, which is the world's largest fertilizer producer, says sales were US$5.