National Business

TORONTO — It’s not every day, or even every decade, that a big foreign bank decides to have a go at Canada’s retail banking market.

OTTAWA — The federal government has pushed its target to achieve a net-zero electricity grid back 15 years to 2050 as part of new clean electricity regulations announced Tuesday — though officials maintain that target date was always the goal.

CALGARY — With timelines tightening, Calgary city council wants to return to the bargaining table with the Alberta government to discuss a reworked plan to build a multibillion-dollar light-rail-transit line connecting the city's southeast to downtow

OTTAWA — Prime Minister Justin Trudeau is taking some time to reflect after Chrystia Freeland's bombshell resignation as finance minister, Energy Minister Jonathan Wilkinson said Tuesday.

Luigi Mangione, the man accused of killing the CEO of UnitedHealthcare, was charged in New York with murder as an act of terrorism, prosecutors announced Tuesday.

OTTAWA — The Conservatives are calling for Parliament to hold hearings in January on Canada-U.S.

British Columbia's new finance minister said she is "realistic" about the economic challenges facing the province after announcing this year's record deficit is projected to reach $9.4 billion.

NEW YORK (AP) — The man accused of killing UnitedHealthcare's CEO has been charged with murder as an act of terrorism, prosecutors said Tuesday as they worked to bring him to a New York court from a Pennsylvania jail.

WASHINGTON (AP) — Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the winter holiday shopping season. Retail sales rose 0.

TORONTO — The loonie fell below 70 cents US on Tuesday after the latest reading on inflation dropped below two per cent. The Canadian dollar traded for 69.91 cents US compared with 70.