National Business

OTTAWA — The federal government is barring a company previously co-owned by a Liberal MP and former minister from bidding on contracts with the federal government.

OTTAWA — Canada's financial intelligence agency says it is modernizing with the aim of providing valuable information to police and security officials in real time — or as close to that goal as it can get.

The threat of tariffs added a further drag on the loonie, which has been moving lower against the U.S. dollar since September.

Here are five things to know about Donald Trump's tariff threat and what it means for Canada.

TORONTO — Canadian business leaders say Donald Trump's threat to impose a 25 per cent tariff on all Canadian goods would be a "lose-lose" scenario in which local companies face pressure to lower their costs while their American counterparts pay more.

Alimentation Couche-Tard Inc.'s chief executive says the company is taking a "persistent" but "friendly" approach with the Japanese owner of the 7-Eleven convenience store chain it's trying to acquire.

TORONTO — Ontario's labour minister says the province is planning to introduce a job-protected leave of 16 weeks for people who adopt children or have kids through surrogacy.

TORONTO — Consumer debt rose to a record $2.5 trillion in the third quarter as many Canadians continue to struggle with high living costs and rising unemployment, new surveys from two credit bureaus say.

TORONTO — Another Canadian company is going private after a sovereign wealth fund of the United Arab Emirates reached a $4.7-billion deal to buy CI Financial Corp.

OTTAWA — Bank of Canada deputy governor Rhys Mendes says allowing for a period of price declines may sound tempting, but it would ultimately be more painful for Canadians.