National Business

WASHINGTON (AP) — The Biden administration on Friday recommended an overhaul of the nation's oil and gas leasing program to focus on areas that are most suitable for energy development and raise costs for energy companies to drill on public lands and

OTTAWA — The federal government ran a deficit of nearly $69 billion over the first half its fiscal year, almost $130 billion less than the treasury pumped out during the same stretch one year earlier.

TORONTO — When the December holidays near, Lee Piccoli will thank his staff for a year of hard work over an informal toast at his homebuilding company's Guelph, Ont. office.

CALGARY — Mexican regulators have given their approval to Canadian Pacific Railway Ltd.'s deal to buy U.S. railway Kansas City Southern.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,613.18, up 64.75 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up 15 cents, or 0.61 per cent, to $24.93 on 13.

GATINEAU, Que. — BCE Inc. urged the CRTC to reject Rogers Communications Inc.'s $26-billion proposed takeover of Shaw Communications Inc. on Thursday, while independent operators have called for more safeguards.

CALGARY — Canada’s main stock index ticked slightly higher Thursday, driven largely by gains in the technology sector on what was otherwise a quiet trading day due to the Thanksgiving holiday south of the border.

MOSCOW (AP) — A devastating explosion in a Siberian coal mine Thursday left 52 miners and rescuers dead about 250 meters (820 feet) underground, Russian officials said.

OTTAWA — The C.D. Howe Institute thinks the Bank of Canada should issue a digital currency that can be converted into cash.

THE HAGUE, Netherlands (AP) — The European Union's drug regulator on Thursday authorized Pfizer’s coronavirus vaccine for use on children from 5 to 11 years old, clearing the way for shots to be administered to millions of elementary school pupils am