National Business

WASHINGTON (AP) — President Joe Biden said Thursday that U.S.

The deadline for Canadian businesses to qualify for partial forgiveness of pandemic-era loans has arrived, as business groups warn struggling firms need more time to repay their debt.

Chad Rose was slated to take an afternoon flight from London, Ont., to Ottawa when WestJet cancelled his trip the day of. The airline put him in a taxi to Toronto's Pearson airport during rush hour for an evening departure instead.

Loblaw’s recent move to reduce discounts on last-day sale items is a normal practice in the industry, not a sign of collusion, according to an expert in Canadian competition.

Under changes proposed by Canada's transport regulator, the following reasons for a flight delay or cancellation would qualify travellers for compensation of up to $1,000 — though most already apply. - Flight crew or cabin crew shortage.

PANAMA CITY (AP) — A severe drought that began last year has forced authorities to slash ship crossings by 36% in the Panama Canal, one of the world's most important trade routes.

The number of Americans applying for unemployment benefits last week fell to its lowest level in more than a year, underscoring the resilience of the labor market despite elevated interest rates that are intended to cool the economy.

CALGARY — A series of electricity grid alerts in Alberta during the deep freeze last week made headlines across the country, but experts say power systems all across North America are increasingly at risk of being overloaded during severe weather.

OTTAWA — Canada's financial intelligence agency warns that illicit cash is being laundered through online gambling sites that provide a variety of ways to disguise shady funds.

WASHINGTON — Canada's international trade minister says the great North American softwood lumber standoff is putting a drag on the continent's already tight housing supply. Mary Ng says Ottawa will contest the U.S.