National Business

OAKVILLE, Ont. — Algonquin Power and Utilities Corp. has signed a deal to buy a majority stake in a water utility in Chile for US$92.3 million (C$121.5 million). The Ontario-based company says the agreement would see it acquire a 53.

CANBERRA, Australia — Rio Tinto chief executive Jean-Sebastien Jacques will leave the Anglo-Australian mining giant by March over the destruction of Australian Indigenous sacred sites to access iron ore, the company said on Friday.

WASHINGTON — Senate Democrats scuttled a scaled-back GOP coronavirus rescue package on Thursday as the parties argued to a standstill over the size and scope of the aid, likely ending hopes for coronavirus relief before the November election.

TORONTO — Renting out properties for short-term stays is about to get more complicated in Canada's largest city. Starting Thursday, Toronto homeowners must register with the city if they want to fill their units for any period less than 28 days.

TORONTO — North American stock markets moved lower Thursday after the U.S. Senate failed to approve a scaled back fiscal stimulus package.

OTTAWA — The slower rebound facing women, youth and low-wage workers could pose a threat to a broader economic recovery from the COVID-19 pandemic, Canada's top central banker said Thursday in a push to find ways to even out an uneven path out of the

FRANKFURT — European Central Bank head Christine Lagarde said the bank would “likely” use all of the 1.35 trillion euros ($1.

ST. JOHN'S, N.L. — Newfoundland and Labrador will see its first budget under newly installed Premier Andrew Furey at the end of the month, the province's finance minister announced Thursday.

WASHINGTON — U.S. wholesale prices rose 0.3% in August, just half the July gain, as food and energy prices decline.

TORONTO — Popeyes' much-hyped chicken sandwich will go on sale Canada-wide on Monday, after trial launches in Edmonton and southern Ontario earlier this year. The sandwich made headlines for rapidly selling out after it was released in the U.S.