National Business

THOMPSON, Man. — The Canada Infrastructure Bank has signed a deal to lend $52 million to help pay for the redevelopment of Manitoba's Thompson Regional Airport including the replacement of the terminal building which is sinking into the permafrost.

Before reaching financial milestones such as a car, home, or savings account, a credit rating might be the only thing young people own.

American consumers are feeling slightly more confident this month as the all-important holiday shopping season kicks into high gear. The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 102 from 99.

CALGARY — TC Energy Corp. is raising its financial guidance for the year. The company says it now expects its comparable earnings before interest, taxes, depreciation and amortization for 2023 to be up about eight per cent from 2022.

TORONTO — Canada Goose Holdings Inc. says it has acquired a long-standing knitwear supplier and its European manufacturing facility. Financial terms of the deal for the operating assets of Paola Confectii Manufacturing were not immediately available.

FRANKFURT, Germany (AP) — German Chancellor Olaf Scholz vowed Tuesday that his government will work “as fast as possible” to lay out how to solve a budget crisis, but he offered few details on how he would achieve his goals of promoting clean energy

MOSCOW (AP) — A court in Moscow on Tuesday extended the detention of Wall Street Journal reporter Evan Gershkovich, arrested on espionage charges, until Jan. 30, Russian news agencies reported.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,032.66, down 70.45 points) Suncor Energy Inc. (TSX:SU). Energy. Down 71 cents, or 1.6 per cent, to $43.94 on 17 million shares.

TORONTO — Canada's main stock index closed down moderately Monday along with U.S. markets as investors stuck to a cautious outlook on the economy.

CALGARY — The oilsands industry group that has proposed building what would be one of the world's largest carbon capture and storage projects says it is more confident than ever it will go ahead with construction.