National Business

After more than a half century in limbo, the federal government has abandoned plans for an airport at a site in Pickering, Ont., and will instead look to expand the area's urban national park.

HALIFAX — The Nova Scotia government says a program to bring wind-generated electricity to 11 large customers is keeping the province on track to meet its goal of producing 80 per cent of its electricity with renewables by 2030.

OTTAWA — Canada Post and representatives from its union squared off on Monday at a federal inquiry into the month-long strike that halted mail delivery across the country and the viability of the postal service's business model.

TORONTO — Premier Doug Ford's decision to speed up the rollout of alcohol sales in corner stores — which first sparked early election speculation last spring — will cost the province more than $600 million, Ontario's budget watchdog said Monday.

A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and fueling debates over the economic and geopolitical competition between the U.S. and China in developing AI technology.

A law firm acting on behalf of a B.C. company is seeking an injunction stopping the Canada Revenue Agency from enforcing a proposed capital gains tax hike that has yet to pass in Parliament.

WASHINGTON (AP) — The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates.

SAGUENAY, Que. — A fuel leak at the Saguenay-Bagotville Airport today forced officials to evacuate the terminal and cancel flights.

TORONTO — Newmont Corp. has signed a deal to sell its Porcupine operation in Ontario to Discovery Silver Corp. in an agreement worth US$425 million.

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.