National Business

OTTAWA — Prime Minister Justin Trudeau has assembled a new Canada-U. S. relations council to support the federal government as it deals with the incoming Trump administration's vow to impose tariffs.

Canada's telecommunications regulator says it is working to improve internet reliability and affordability in Northern Canada after years of complaints from local residents about outages and expensive plans.

TORONTO — Strength in technology and utility stocks pushed Canada's main stock index higher on Thursday, while U.S. stock markets were down after a choppy day of trading. The S&P/TSX composite index closed up 56.90 points at 24,846.20.

NEW YORK (AP) — U.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies. The S&P 500 slipped 0.

The Bank of Canada says it expects to end its quantitative tightening process in the first half of this year and start purchasing assets again as it moves past the extraordinary measures it took during the pandemic.

HALIFAX — A threat by U.S. president-elect Donald Trump to impose 25 per cent tariffs on Canadian products could cost thousands of jobs in Nova Scotia, Premier Tim Houston warned Thursday.

DENVER (AP) — An incident involving an elevator at a former Colorado gold mine that led to the death of a tour guide and trapped a group of tourists for hours last year was caused by “operator error,” authorities said Wednesday.

OTTAWA — The federal government's decision to pause a key initiative meant to boost electric vehicles sales won't prevent Canada from meeting its targets for getting more EVs on the road, some proponents say.

DENVER (AP) — An incident involving an elevator at a former Colorado gold mine that led to the death of a tour guide and trapped a group of tourists for hours last year was caused by “operator error,” authorities said Wednesday.

CBC News is planning to boost coverage in nearly two dozen underserved communities across Canada by hiring up to 30 permanent journalists.