National Business

MONTREAL — The City of Montreal is promising to speed up construction permits, raise taxes on owners of vacant lots and spend tens of millions more dollars to help develop affordable housing as part of its 2025 budget. The $7.

OTTAWA — Randy Boissonnault is leaving his post as employment minister in Prime Minister Justin Trudeau's Liberal cabinet after weeks of questions about the Edmonton MP's shifting claims of Indigenous identity and his business dealings.

TORONTO — Manulife Financial Corp. says it has struck another deal to off-load lower-return assets through a $5.4-billion reinsurance deal. The insurer says the agreement with Reinsurance Group of America includes $2.

The trip to Los Angeles will include Spencer Chandra Herbert, minister of tourism, arts, culture and sport, Finance Minister Brenda Bailey and Nina Krieger, the Parliamentary secretary for arts and film.

TORONTO — Canada's main stock index crept higher Wednesday thanks to strength in energy stocks, while U.S. stock markets were mixed, recovering from larger losses earlier in the day ahead of earnings from Nvidia expected after the bell.

NEW YORK (AP) — An Indian businessman who is one of the world’s richest people has been indicted in the U.S.

The Competition Bureau has obtained a court order in an investigation centering around whether Leon's Furniture Ltd. and its subsidiary The Brick deceptively marketed their products.

NEW YORK (AP) — U.S. stocks drifted to a mixed finish, though the modest moves for indexes masked some thrashing underneath the surface. The S&P 500 ended barely changed Wednesday after trading lower for much of the day.

TORONTO — All 13 provincial and territorial premiers are aligned on a push for the federal government to negotiate a bilateral trade deal with the United States, Ontario Premier Doug Ford said Wednesday.

The heat has been turned up on two Canadian frozen-potato giants who have been named in separate price-fixing lawsuits south of the border. McCain Foods Ltd.