National Business

TORONTO — Canada's main stock index closed lower Thursday as mining and telecom stocks weighed, while U.S. stocks were mixed. The S&P/TSX composite index closed down 22.07 points at 24,551.

OTTAWA — The federal government slashed immigration targets to levels that will flatten population growth as Prime Minister Justin Trudeau admitted Thursday the government did not get the balance right after the COVID-19 pandemic.

NEW YORK (AP) — Wall Street drifted to a mixed finish after Tesla surged and IBM slumped following their latest profit reports. The S&P 500 rose 0.2% Thursday to break its first three-day losing streak since early September.

RENO, Nev.

TORONTO — Cineplex Inc. has launched an appeal of a record $38.9-million fine for deceptive marketing practices imposed by the Competition Tribunal.

Alberta golfers squeaking out their last rounds before winter hits might not have to put their carts away quite yet.

The share price of Teck Resources Ltd. took a hit Thursday as the Canadian mining company announced it is once again lowering its full-year forecast for copper production.

RENO, Nev.

MONTREAL — Dockworkers at the Port of Montreal are set to walk off the job for 24 hours starting Sunday morning in a bid to ramp up pressure on management amid a labour standoff.

TORONTO — Rogers Communications Inc. is selling a minority stake in a portion of its wireless network infrastructure for $7 billion amid a "pivot" in strategy as it seeks to pay down debt.