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CALGARY — Shaw Communications Inc. says revenue for its first quarter ended Nov. 30, 2022 saw revenue decrease by 1.2 per cent year over year. The Calgary-based company says net income for the quarter was down 14.

TORONTO — An RBC subsidiary in the U.S. has reached a US$31-million settlement with the Department of Justice over allegations of discrimination by limiting mortgage lending in predominately Black and Latino communities.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,211.20, up 186.15): Algonquin Power & Utilities Corp. (TSX:AQN). Utilities. Down 42 cents, or 4.22 per cent, to $9.53 on 14.

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index gained almost one per cent Thursday, buoyed by strength in the energy and financial sectors, while U.S. markets also rose. The S&P/TSX composite index was up 186.15 points at 20,211.20.

TORONTO — Stricter rules around qualifying for a mortgage could be coming as sa¹ú¼Ê´«Ã½'s banking regulator seeks feedback on several proposals to limit the number of overstretched borrowers.

Canadian fashion brand Aritzia Inc.'s sales momentum continued unabated in its latest quarter, appearing nearly immune to the spending pullback plaguing much of the retail industry amid high inflation.

NEW YORK (AP) — Wall Street closed higher after a report showed inflation slowed again last month. The S&P 500 rose 0.3% Thursday. The Nasdaq and the Dow each rose 0.6%.

PRINCE GEORGE, sa¹ú¼Ê´«Ã½ — An estimated 300 jobs in British Columbia will likely be gone by the end of the year as Canfor Pulp Products closes the pulp line at its Prince George pulp and paper mill.

WASHINGTON (AP) — The Republican-controlled House on Thursday voted to block oil from the country's emergency stockpile from going to China.

WASHINGTON (AP) — Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it .