National Business

TORONTO — Canada's main stock index gained almost one per cent on Thursday, while U.S. markets also rose, led by a 1.5 per cent gain on the Nasdaq. The S&P/TSX composite index closed up 200.60 points at 21,794.56.

Environmental groups are asking Ottawa to enforce its rules on an Alberta coal site that has started building an underground test mine without fisheries permits that officials have said are required.

NEW YORK (AP) — Stocks rose to another record, with easier interest rates beckoning on the horizon. The S&P 500 climbed 1% Thursday, beating the all-time high it set last week. The Dow added 0.3%, and the Nasdaq composite rose 1.5%.

TORONTO — Court documents show the company that runs the Just for Laughs comedy festival owes nearly $22.5 million to creditors. Groupe Juste pour rire Inc.

TORONTO — As the federal government pushes to reduce bank fees, a report from consultancy North Economics figures Canadians are overpaying by billions of dollars a year.

WASHINGTON (AP) — A sweeping bank regulatory proposal will be significantly revised by year's end, Federal Reserve Chair Jerome Powell said Thursday, a potential victory for the large banks that have aggressively opposed the likely changes.

OTTAWA — Canada posted a merchandise trade surplus of $496 million in January as imports fell to their lowest level since February 2022.

TORONTO — CIBC is making changes to its executive team as it looks to strengthen its senior leadership.

EDMONTON — AutoCanada Inc. reported a loss in its fourth quarter compared with a profit a year earlier as its revenue rose nearly seven per cent. The automobile dealership group said it lost $22.

Allison Venditti knows how hard the "should I stay or should I go" question can be.