National Business

TORONTO — Canadian business leaders say Donald Trump's threat to impose a 25 per cent tariff on all Canadian goods would be a "lose-lose" scenario in which local companies face pressure to lower their costs while their American counterparts pay more.

Alimentation Couche-Tard Inc.'s chief executive says the company is taking a "persistent" but "friendly" approach with the Japanese owner of the 7-Eleven convenience store chain it's trying to acquire.

TORONTO — Ontario's labour minister says the province is planning to introduce a job-protected leave of 16 weeks for people who adopt children or have kids through surrogacy.

TORONTO — Consumer debt rose to a record $2.5 trillion in the third quarter as many Canadians continue to struggle with high living costs and rising unemployment, new surveys from two credit bureaus say.

TORONTO — Another Canadian company is going private after a sovereign wealth fund of the United Arab Emirates reached a $4.7-billion deal to buy CI Financial Corp.

OTTAWA — Bank of Canada deputy governor Rhys Mendes says allowing for a period of price declines may sound tempting, but it would ultimately be more painful for Canadians.

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Groupe Dynamite Inc. says it has closed its initial public offering.

SMITHS FALLS, Ont. — Canopy Growth Corp. has named Luc Mongeau as the cannabis company's next chief executive officer.

MONTREAL — Documents supporting Via Rail's ongoing attempt to secure better access to tracks owned by Canadian National Railway Co. shed new light on an increasingly strained relationship between the carriers.