National Business

NEW YORK (AP) — Depositors withdrew savings and investors broadly sold off bank shares Monday as the federal government raced to reassure Americans that the banking system was secure after two bank failures fed fears that more financial institutions

JUNEAU, Alaska (AP) — The Biden administration is approving a major oil project on Alaska's petroleum-rich North Slope that supporters say represents an economic lifeline for Indigenous communities in the region but environmentalists say is counter t

WINNIPEG — The Manitoba government introduced a bill Monday that would end a long-standing but hard to enforce ban on reselling tickets to sports and entertainment events at higher prices.

MONTREAL — The head of Flair Airlines went on the offensive Monday, saying the weekend seizure of some of its planes may have been instigated by another carrier attempting to disrupt Flair's operations.

TORONTO — Worries about the financial system after two recent bank failures saw bank stocks pull U.S. markets mostly down Monday, while Canadian markets fell on weakness in energy and financials.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,588.90, down 186.02): Toronto-Dominion Bank (TSX:TD). Financials. Down $2.87, or 3.43 per cent, to $80.90 on 14.4 million shares.

CALGARY — French fry giant McCain Foods Ltd. has announced it will spend $600 million to double the size of its potato processing facility in southern Alberta.

TORONTO — Ontario's economic development minister stood on the roof of a Volkswagen facility in Germany in October, overlooking a sprawling electric vehicle battery plant under construction, and had a "good feeling" the province could soon land one o

WASHINGTON — President Joe Biden dismayed progressive allies across the continent Monday by approving a controversial oil and gas project in Alaska, a sharp pivot from the climate change offensive that marked his first two years in office.

TORONTO — As regulators move to address the stunning collapse of Silicon Valley Bank, analysts say there is limited fallout risk for the Canadian financial sector.