National Business

The chief executive of Imperial Oil Ltd. says he hopes Canada can avoid potential tariffs from the U.S. on energy products, but believes his company should be well-positioned to withstand the negative effects.

Former “Meet the Press” moderator Chuck Todd is leaving NBC News after nearly 18 years at the network. Todd said in a memo to NBC News colleagues that Friday was his last day.

WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing.

OTTAWA — The Finance Department says the federal deficit was $22.7 billion between April and November. That compares with a $19.1 billion deficit over the same period last year. According to the monthly fiscal monitor, revenues were up $29.

OTTAWA — The federal government says it is deferring the implementation of a hike to the capital gains inclusion rate to next year. The deferral moves back the implementation of the change from June 25, 2024 to January 1, 2026.

TORONTO — AFC Toronto added an important midfield piece Friday, acquiring Canadian international Victoria Pickett from the NWSL's North Carolina Courage on a season-long loan. The 28-year-old from Barrie, Ont.

WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and starts.

OTTAWA — The organization administering the $100 million Google agreed to pay Canadian news outlets in exchange for an exemption from the Online News Act says the payments will begin later than first expected.

FREDERICTON — Premier Susan Holt warned that New Brunswick faces "serious headwinds" if the United States imposes tariffs but promised to hold the line and meet the targets her government has set out for itself.

TORONTO — Jessica Miao has been stressed out since November, when U.S. President Donald Trump first threatened to slap 25 per cent tariffs on Canadian goods.