National Business

OTTAWA — The national banking regulator says it will no longer require borrowers with uninsured mortgages to undergo a stress test when switching providers.

A federal judge approved the $600 million class-action settlement Wednesday that Norfolk Southern railroad offered to everyone who lived within 20 miles (32 kilometers) of last year's disastrous derailment i n East Palestine, Ohio, despite the object

TORONTO — Canada's main stock index edged lower on Wednesday, weighed down by the energy sector as the price of oil fell, while U.S. stock markets were mixed, with the S&P 500 and Dow slipping from the records set the day before.

NEW YORK (AP) — U.S. stocks edged back from their records as financial markets around the world take a pause following big recent moves. The S&P 500 fell 0.2% Wednesday, a day after setting its latest all-time high.

TORONTO — Ontario is exploring the idea of digging a massive tunnel under Highway 401 to move traffic and transit across the Toronto area, with Premier Doug Ford pledging to build it regardless of what a feasibility study says.

HALIFAX — Ottawa has finalized a $500-million bailout to help Nova Scotia Power keep rates from skyrocketing due to delivery delays of Muskrat Falls electricity.

HALIFAX — The working group examining support for Nova Scotia’s wine industry has lost its co-chair, who resigned this week calling talks with the provincial government an “enormous disappointment.

EDMONTON — Increased Indigenous participation in Alberta's labour market could boost the province's GDP by between two and three percentage points, the equivalent of $8 billion to $11 billion annually, according to the findings of a new report.

HALIFAX — Chorus Aviation Inc. says its shareholders have voted to approve the sale of the company's regional aircraft leasing business to HPS Investment Partners. The Halifax-based company says the $1.9-billion deal was greenlighted by 98.

WINNIPEG — The Manitoba government is extending the provincial fuel-tax holiday until the end of the year. It's the second time the government has extended the temporary tax break since introducing it in January.