National Business

HALIFAX — Nova Scotia’s premier cast doubt Friday on a corporate tax rebate that was a key promise in his party’s 2021 election platform.

Growing up on the North Shore near Vancouver, Peter Hlynsky recalls riding his 1990s mountain bike with deep sea fishing lights strapped to his handlebars in the dead of night, while wearing hockey padding.

TORONTO — With interest rates likely at or near their peak in Canada, experts say consumers shouldn’t expect rates to return to pre-pandemic levels.

MONTREAL — Stornoway Diamonds Inc. says it is suspending operations at its Renard mine in northern Quebec.

NEW YORK (AP) — Ivanka Trump must take the witness stand in the civil fraud case against her father, her brothers and their family business, a judge ruled Friday.

OTTAWA — The federal government posted a budgetary deficit of $4.3 billion from April to August. In its monthly fiscal monitor, the Finance Department says this compares to a surplus of $3.9 billion during the same period of the 2022-23 fiscal year.

TORONTO — Sleep Country Canada Holdings Inc. will give one of its newest acquisitions its first ever brick-and-mortar store next month.

TORONTO — A potential move by Canada's telecommunications regulator to ease some Canadian content spending requirements for Corus Entertainment Inc.

WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth .

ST. JOHN'S, N.L. — Fortis Inc. reported a third-quarter profit of $394 million, up from $326 million a year earlier. The gas and power utility says the profit amounted to 81 cents per diluted share for the quarter ended Sept.