National Business

WINNIPEG — Manitoba Opposition leader Obby Khan stripped a Progressive Conservative caucus member of his critic duties Thursday, as questions continued to swirl about the former government’s actions related to a proposed silica sand mine.

Sales of previously occupied U.S. homes fell in April, as elevated mortgage rates and rising prices discouraged prospective homebuyers during what’s traditionally the busiest time of the year for the housing market. Existing home sales dropped 0.

Automaker Stellantis is postponing production of the Dodge Charger Daytona R/T at its assembly plant in Windsor, Ont., for the 2026 model year, saying it continues to assess the effects of U.S. tariff policies.

TORONTO — Canada's main stock index edged higher on Thursday, helped by strength in the financial sector, while U.S. stock markets were mixed. The S&P/TSX composite index was up 14.84 points at 25,854.01.

TORONTO — Canadian Soccer Business and the Canadian Premier League have a new boss and leadership structure with English-born Australian James (JJ) Johnson in the role of group chief executive officer.

NEW YORK (AP) — U.S. stocks ended a wobbly day mostly lower in what has been a rocky week because of worries coming out of the bond market about the U.S. government’s mounting debt. The S&P 500 slipped less than 0.1% Thursday.

MONTREAL — A Quebec Superior Court judge has approved the sale of vehicle-maker Lion Electric to a group of Quebec investors, giving the struggling manufacturer a new lease on life.

WASHINGTON (AP) — The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday.

TORONTO — TD Bank Group said Thursday that it's cutting about two per cent of its workforce as the bank works to reduce costs and refocus spending under new leadership.

WASHINGTON (AP) — The Senate voted on Thursday to block California’s first-in-the nation rule banning the sale of new gas-powered cars by 2035, acting to kill the nation’s most aggressive effort to transition toward electric vehicles as President Don