National Business

MONTREAL — The Quebec government has made payments in less than 10 per cent of the nearly 10,000 claims it has received since the remnants of Hurricane Debby hit the province in August, causing severe flooding and damage.

It was a busy 2024 for Canadian business: the Bank of Canada began cutting interest rates as inflation moderated and labour unions looked to make gains.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Fall economic update Finance Minister Chrystia Freeland will present the federal government's fall economic statement on Monday.

VANCOUVER — British Columbia business owner Joe Chaput will spend $5,500 a month on security guards during the holiday season and plans on upgrading his store's video camera system for around $5,000 more.

OTTAWA — The Liberals' fall economic statement Monday is expected to show a larger-than-promised deficit and offer details on how the government will tackle the threat of U.S. tariffs ahead of Donald Trump's inauguration in the new year.

OTTAWA — Canada's Northern premiers are pitching the federal government to dip into its defence budget as a way to bolster Arctic infrastructure and help meet the NATO spending target in the process.

TORONTO — As the federal government looks to drastically reduce its immigration targets over the next few years, the mayors of northern Ontario's largest cities say they need more immigrants to sustain local economies and population.

CALGARY — The ripple effect of the wildfire that devastated the town of Jasper last summer could continue to reverberate through Alberta's tourism sector in 2025, industry insiders say.

TORONTO — Inflation likely hovered at or a little above the Bank of Canada's two per cent target rate in November, economists expect, after Taylor Swift's Eras Tour swept through Toronto and offered a temporary economic boost.

NEW YORK (AP) — ABC News has agreed to pay $15 million toward Donald Trump’s presidential library to settle a lawsuit over anchor George Stephanopoulos' inaccurate on-air assertion that the president-elect had been found civilly liable for raping wri