National Business

WASHINGTON (AP) — President Donald Trump’s big bill making its way through Congress will cut taxes by $3.75 trillion but also increase deficits by $2.

Jobs Minister Patty Hajdu is calling on Canada Post and its union to return to the bargaining table to hash out terms for binding arbitration.

OTTAWA — The Bank of Canada held its policy interest rate at 2.75 per cent on Wednesday. Here is the text of the central bank's decision: ——— The Bank of Canada today maintained its target for the overnight rate at 2.

A pair of gloves worn by Wayne Gretzky during his last Stanley Cup run with the Edmonton Oilers is going up for auction.

QUÉBEC — Representatives of the Assembly of First Nations Quebec-Labrador urged a provincial legislature committee on Tuesday to abandon a forestry reform bill that would reserve large swaths of the province's forests for logging.

TORONTO — Toy maker Spin Master Corp. says it has cut jobs across the company as it tries to weather the impact of global tariffs on its business. In an emailed statement, spokeswoman Tammy Smitham did not say how many employees were affected.

ST. JOHN'S — The chief executive of Hydro‑Québec says a sweeping new energy deal with Newfoundland and Labrador Hydro is a signal to the United States that Canada can get "big things done." Michael Sabia was in St. John's, N.L.

TORONTO — Canadian Tire Corp. Ltd.'s historic purchase of Hudson's Bay trademarks will go ahead after an Ontario judge granted permission for the deal.

Canada's main stock index edged up and U.S. markets climbed as investors tried to tune out the latest noise from U.S. President Donald Trump's tariff war.

TORONTO — Come on down, eh! A Canadian spinoff of "The Price is Right" headlines Rogers' new slate of Canadian originals coming to Citytv. The media giant says Toronto-born comedian Howie Mandel will host a reimagining of the U.S.