National Business

OTTAWA — A senior government official says Finance Minister Chrystia Freeland's fall economic statement will propose to tax corporate stock buybacks in a bid to encourage companies to invest in their domestic operations and workers.

TORONTO — Spin Master Corp. says it earned US$141.4 million in the third quarter of 2022, or $1.33 cents per diluted share, compared with earnings of $135.3 million a year earlier. The Toronto-based toy and entertainment company, which reports in U.

VAUGHAN, Ont. — GFL Environmental Inc. reported a revenue increase of almost 33 per cent at $1.8 billion for the third quarter of 2022, up from a year earlier and raised its guidance for the year on the strength of those gains. The Vaughan, Ont.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,277.01, down 240.70 points): Barrick Gold Corp. (TSX:ABX). Materials. Down 98 cents, or 4.76 per cent, to $19.60 on 12.

CALGARY — With oil and gas companies under increased scrutiny for how they choose to use their record-breaking profits in 2022, the chief executive of Cenovus Energy Inc.

TORONTO — Canada's main stock index was down more than 240 points by the end of Wednesday after a late-afternoon slump, while U.S. markets took a similar tumble, after another outsized rate hike by the Federal Reserve.

Sara Campos remembers being inspired to start skateboarding after playing Tony Hawk videogames on the California family’s PlayStation 2. Campos, 23, who uses they/them pronouns, never dreamed they would be part of Tony Hawk’s charitable work.

NEW YORK (AP) — Elon Musk said Wednesday that Twitter will not allow anyone who has been kicked off the site to return until it sets up procedures on how to do that, a process that will take at least a few weeks.

TORONTO — Elon Musk’s Twitter takeover has professionals considering fleeing the social media network, but some say abandoning the platform could give those who spread misinformation exactly want they want from credible voices: silence.

SECHELT, B.C. — A British Columbia First Nation has signed a multimillion-dollar agreement with Canada Infrastructure Bank to finance a badly needed wastewater treatment facility. A statement from the bank and shishalh Nation says the $6.