National Business

OTTAWA — The parliamentary budget officer says a single-payer universal drug plan would cost federal and provincial governments an additional$11.2 billion in the first year of the program, and $13.4 billion in the fourth year.

TORONTO — A lobby group for Canada's newspapers and magazines says it agrees with many of the issues raised by Google about a law that will force the tech giant to compensate those same publishers for use of their work.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,500.24, down 163.60 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 91 cents, or 1.03 per cent, to $89.48 on 8.

TORONTO — Canada's main stock index declined Thursday, led by losses in utilities, base metals and telecom, while U.S. markets also fell after the latest report on inflation south of the border. Headline inflation in the U.S.

NEW YORK (AP) — U.S. stocks slipped as the clamps tightened on Wall Street from rising yields in the bond market. The S&P 500 fell 0.6% Thursday, breaking a four-day winning streak. The Dow lost 173 points, and the Nasdaq composite gave back 0.

VANCOUVER — Home sales in British Columbia were up in September by more than 10 per cent from the same time last year. However, the B.C.

TORONTO — Taylor Swift's concert movie is proving to be a fairy tale for Canada's largest cinema chain. The film "Taylor Swift: The Eras Tour," which hit theatres Thursday, generated $6.2 million in pre-sales for Cineplex Inc.

OTTAWA — The Ottawa Senators have entered into a multiyear agreement with the Canadian Imperial Bank of Commerce that will see the bank's logo featured on the NHL club's home jersey.

CALGARY — TC Energy Corp. is bringing back former chief executive Hal Kvisle to serve as chair of the board of the new liquids pipeline company it plans to spin off. Kvisle was president and chief executive of TransCanada Corp.

TORONTO — A new study says U.S. tech workers are paid 46 per cent more on average than their Canadian counterparts.