National Business

TORONTO — Stock markets in Canada and the U.S. were down in late-morning trading after the performance of Chinese artificial intelligence startup DeepSeek rattled technology stocks.

NEW YORK (AP) — Wall Street’s superstars are tumbling Monday as a competitor from China threatens to upend the artificial-intelligence frenzy that’s created a spending bonanza.

After half a century in limbo, the federal government says it will scrap plans to build an airport on thousands of acres in Pickering, Ont., and instead look to transfer the land to Parks Canada.

TORONTO — Premier Doug Ford's decision to speed up the rollout of alcohol sales in corner stores – which first sparked early election speculation last spring – will cost the province more than $600 million, Ontario's budget watchdog said Monday.

TORONTO — Newmont Corp. has signed a deal to sell its Porcupine operation in Ontario to Discovery Silver Corp. in an agreement worth US$425 million.

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.

TORONTO — Economic forecasts suggest the Bank of Canada will likely lower its key policy rate by a quarter of a percentage point on Wednesday in light of recent inflation and jobs data, bringing it down to three per cent.

BOGOTA, Colombia (AP) — The White House claimed victory in a showdown with Colombia over accepting flights of deported migrants from the U.S.

OTTAWA — The working group tasked with measuring productivity within Canada's federal public service has not looked at remote work, one of its members says.