National Business

WASHINGTON — Federal Reserve Chair Jerome Powell on Wednesday underscored the Fed's commitment to reducing unemployment to multi-decade lows, where it stood before the pandemic, while signalling little concern about the risk of potentially high infla

CALGARY — Estimated costs for a proposed Alberta natural gas liquids pipeline put on hold last year amid the COVID-19 pandemic and commodity price uncertainty have jumped by $300 million to $1.6 billion, Keyera Corp. reported Wednesday.

TORONTO — Ontario will spend all of the $13.3 billion in pandemic funding it received from the federal government by the end of March, although that won't change the record deficit it expects to rack up this year.

ALBUQUERQUE, N.M. — One of the nation’s premier nuclear laboratories isn’t taking the necessary precautions to guard against wildfires, according to an audit by the U.S. Energy Department’s inspector general.

TORONTO — As Krystal Abotossaway navigated corporate Canada over the last decade, the Toronto woman with Anishinaabe Kwe heritage always paid always took care to be on time, to watch her drinking at after-work events and to be agreeable in meetings.

TORONTO — When Lola Adeyemi started a company making chickpea stews and roasted carrot soups like the ones she grew up eating in Africa, she was expecting an uphill battle.

CALGARY — Less than a month after U.S. President Joe Biden nixed the Keystone XL pipeline as part of a sweeping climate plan, another pipeline with implications for Canada is in the crosshairs of a U.S. politician.

VANCOUVER — Lumber producer Interfor Corp. is buying a sawmill in South Carolina from WestRock Co. for US$59 million in cash.

NEW YORK — LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury group, has put Rihanna's Fenty fashion collection on hold.

JOHANNESBURG — South Africa will start vaccinating front-line health workers next week with a shot that is still in testing — an unorthodox strategy announced Wednesday after officials abandoned plans to use another vaccine that a small study suggest