National Business

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,679.54, down 45.46): Enbridge Inc. (TSX:ENB). Energy. Down $1.47, or 2.69 per cent, to $53.16 on 13.7 million shares.

TORONTO — Best friends, siblings and cousins across Canada may soon find themselves locked out of a shared Netflix account as the streaming giant begins cracking down on password sharing.

TORONTO — Losses in tech, utilities and industrials weighed down gains in some of the other sectors on Canada's main stock index Wednesday, while U.S.

OTTAWA — The Bank of Canada contemplated not raising interest rates last month but with the economy outperforming expectations, its governing council ultimately decided in favour of one more rate hike before taking a pause.

NEW YORK (AP) — Wall Street gave back some of its recent gains as uncertainty about interest rates and inflation continued to reign. The S&P 500 fell 1.1% Wednesday, the Nasdaq fell 1.7% and the Dow Jones Industrial Average gave back 0.6%.

OTTAWA — In a first for the Bank of Canada, it has released a summary of deliberations by its governing council regarding its policy decision to raise its key interest rate target by a quarter of a percentage point to 4.5 per cent in January.

OTTAWA — A new Desjardins report suggests Canada's immigration target increase could spur economic growth, with the Prairies standing to benefit the most.

TORONTO — Protracted labour shortages in Canada could fuel more rapid wage growth and inflation over time, potentially prompting the need for higher interest rates long-term, a new RBC Economics report released Wednesday said.

PARIS (AP) — France's TotalEnergies SE doubled its profits in 2022, joining other international oil and gas companies in fattening their bottom lines as high energy prices surged after Russia’s invasion of Ukraine . Adjusted net income rose to $36.

TORONTO — Urgency was the key word at an electric vehicle conference Wednesday as manufacturers emphasized the need for more coordination and government support in order to take advantage of the tectonic shift underfoot in the automotive industry.