National Business

TORONTO — Toronto city council has taken a step toward banning misleading fossil-fuel advertising on city property, building on federal anti-greenwashing rules and a similar proposal approved by the city's transit agency.

Boeing plans to lay off about 10% of its workers in the coming months as it continues to lose money and tries to deal with a strike that is crippling production of the company’s best-selling airline planes.

North American stock markets hit record highs again Friday as strong earnings from some of the big U.S. banks painted a picture of an economy that is still humming. The S&P/TSX composite index was up 168.91 points at 24,471.

MONTREAL — Shippers are calling on Ottawa to better protect supply chains from labour disruptions after a string of work stoppages over the past 15 months, including a partial strike now playing out at the Port of Montreal.

NEW YORK (AP) — U.S. stocks closed at more all-time highs as JPMorgan Chase, Wells Fargo and other big financial companies rallied following better-than-expected profit reports. The S&P 500 rose 0.

Money laundering penalties levied against Toronto-Dominion Bank this week by U.S. regulators could be a drag on the bank's stock price long-term, analysts warn. On Thursday, TD agreed to pay fines totalling about US$3.

TORONTO — The Canadian Nuclear Safety Commission says it has approved a short extension to operate the Pickering Nuclear Generating Station until the end of 2026.

SASKATOON, Sask. — Saskatchewan New Democratic Leader Carla Beck has put her entire platform to voters before the Oct. 28 election. Beck says her plan offers change that is needed to help Saskatchewan hospitals, schools and families.

The Bank of Canada says consumers were less pessimistic about their finances as summer wound down but are still not upbeat about the situation.

HALIFAX — Wastewater tested in Halifax in 2023 contained almost twice the amount of cannabis metabolites compared with samples taken from other big cities in Canada, like Toronto or Montreal.