National Business

OTTAWA — Oil and gas producers in Canada will be required to cut greenhouse gas emissions by about one-third over the next eight years under new regulations published Monday.

TORONTO — A "difficult" economic environment took a bite out of Restaurant Brands International Inc.

OTTAWA — Canada's merchandise trade deficit narrowed to $1.3 billion in September as imports fell more than exports, Statistics Canada said Tuesday. The result compared with a revised deficit of $1.5 billion for August.

Aircraft assembly workers at Boeing factories near Seattle and elsewhere voted to end a seven-week strike overnight.

British Columbia's Crown utility says crews have restored power to 95 per cent of some 290,000 businesses and homes that were in the dark at some point Monday as strong winds battered coastal areas and parts of the central Interior.

MONCTON, N.B. — Major Drilling Group International Inc. has signed a deal to buy South American specialty drilling contractor Explomin Perforaciones in a deal worth up to US$85 million.

ST. JOHN'S, N.L. — Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year. The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept.

TORONTO — Thomson Reuters reported its third-quarter profit fell compared with a year ago as its revenue rose eight per cent. The company, which keeps its books in U.S.

OTTAWA — The head of the United Nations refugee agency says it is wise of Canada to scale back the number of new refugees it plans to resettle if that helps stabilize the housing market and prevents backlash against newcomers.

OTTAWA — The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation's economy is actually doing a lot better. Inflation is now at 1.