National Business

CANBERRA, Australia (AP) — King Charles III won’t feature on Australia's new $5 bill, the nation's central bank announced Thursday, signaling a phasing out of the British monarchy from Australian bank notes, although he is still expected to feature o

WASHINGTON (AP) — The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate a quarter-point, its eighth hike since March .

REGINA — Saskatchewan’s justice minister, while promoting a bill she touts as giving the province more autonomy, says Ottawa’s actions have a larger effect on investor confidence than pushback on the legislation from Indigenous and environmental grou

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,751.05, down 16.33): Enbridge Inc. (TSX:ENB). Energy. Down 36 cents, or 0.66 per cent, to $54.12 on 11.8 million shares.

TORONTO — Broad-based strength helped buoy Canada's main stock index against losses in the energy sector Wednesday, while U.S. markets rose, particularly the Nasdaq which gained two per cent. The S&P/TSX composite index was down 16.

NEW YORK (AP) — Wall Street rose to its highest level since the summer following the latest hike to interest rates by the Federal Reserve, which said it’s finally seeing improvements in inflation.

Higher grocery prices are expected to hit stores across Canada as a blackout on price increases over the holiday season comes to an end. Last fall, Loblaw Cos. Ltd. said it would lock-in prices on all its in-house No Name products until Jan.

TORONTO — BMO Financial Group says it has closed its US$16.3 billion acquisition of Bank of the West more than 13 months after initially announcing the deal. The bank says the closing of the deal adds nearly 1.

CALGARY — The Calgary Real Estate Board says January's new listings fell to a level not seen since the last 90s as home sales declined 40 per cent from the year before.

CALGARY — The estimated cost of the Coastal GasLink pipeline has increased by 29 per cent to $14.5 billion, as the company behind the project continues to be dogged by unexpected construction issues and rising labour costs.