National Business

ST. JOHN'S, N.L. — An idled oil refinery in the town of Come By Chance, N.L., has new owners and a planned new life producing renewable diesel and sustainable aviation fuel beginning in mid-2022.

EDMONTON — Alberta's budget outlook for this year is turning a rosier shade of red ink with jobs up, the deficit down and oil and gas prices humming along at unexpectedly high levels.

Lululemon Athletica Canada Inc. has launched a lawsuit against exercise equipment company Peloton Interactive Inc., accusing the stationary bicycle and treadmill maker of patent infringement. In documents filed in a U.S.

OTTAWA — The federal telecommunications regulator says new technology will help reduce the frequency and impact of caller ID spoofing.

TORONTO — Steph Davidson grew up with two sets of parents who approached their finances from opposite ends of the spectrum. One set of parents was very frugal, only spending money on the most basic of necessities.

TORONTO — Scotiabank became the first big bank to raise its dividend since restrictions on doing so were lifted as it kicked off a week of bank earnings Tuesday.

WASHINGTON (AP) — Chair Jerome Powell said Tuesday that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation, which Powell acknowledged will likely persist well into next

A new survey of Canadian manufacturers has found 82 per cent of respondents are facing labour shortages and 75 per cent feel their hiring troubles are even worse than last year.

WASHINGTON (AP) — U.S. consumer confidence fell to a nine-month low in November, clipped by rising prices and concern about the coronavirus. The Conference Board reported Tuesday that its consumer confidence index dropped to a reading of 109.

SAN JUAN, Puerto Rico (AP) — Barbados stopped pledging allegiance to Queen Elizabeth II on Tuesday as it shed another vestige of its colonial past and became a republic for the first time in history.