National Business

OTTAWA — The federal government ran a budget deficit of $73.7 billion for the April to November period of the current fiscal year. The Finance Department says the result compared with a deficit of $232 billion in the same period a year earlier.

TORONTO — Drake and Migos producer Murda Beatz is selling off publishing rights to hundreds of his songs to an upstart Canadian music investment fund.

VANCOUVER — Teck Resources Ltd. said Friday that its coal sales fell below its guidance because of extreme weather in British Columbia and warned that COVID-19 was leading to higher costs and could disrupt production.

WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve rose 5.

PARIS (AP) — The name Kim Jones dominated Paris fashion for a second week running as the indefatigable Briton who designs for Dior Men’s returned to the runway for his latest couture collection for Fendi.

CALGARY — Canadian Pacific Railway Ltd.'s grain-hauling revenues took a hit in the fourth quarter of 2021, even as the company increased corn shipments from south of the border to address a livestock feed shortage in Western Canada.

WHITBY, Ont. — The union representing Sobeys warehouse workers in Ontario says they have ratified a four-year contract with "massive wage increases.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,544.11, down 51.78 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 92 cents, or 2.6 per cent, to $36.28 on 11.8 million shares.

TORONTO — North American stock markets continued to gyrate Thursday in the aftermath of central bank plans to start raising interest rates in the coming weeks. Markets received a morning boost after a report that the U.S.

HALIFAX — Nova Scotia's power utility is asking for an average general rate increase for residential customers of 9.9 per cent over three years, with possible additional costs due to severe weather and energy efficiency costs.