National Business

CALGARY — Fuel retailer Parkland Corp. says its third-quarter earnings more than doubled in 2023 thanks to favourable market conditions and the company's ongoing efforts to optimize its Burnaby refinery.

WASHINGTON (AP) — The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead.

SASKATOON — Nutrien Ltd. says it earned US$82 million in the third quarter, down from US$1.6 billion a year earlier. The Saskatoon-based company, which is the world's largest fertilizer producer, says sales were US$5.

TORONTO — Spin Master Corp. says its net income for the third quarter was US$155.4 million, up from US$141.4 million from a year earlier. The Toronto-based toy and entertainmentcompany says revenue for the quarter ended Sept. 30 was US$710.

NEW YORK (AP) — Donald Trump Jr. testified Wednesday that he never worked on his father's financial statements, the documents at the heart of the civil fraud trial that threatens former President Donald Trump’s real estate empire.

VAUGHAN, Ont. — Waste removal company GFL Environmental Inc. says it saw a boost in revenue last quarter thanks in part to higher prices. Revenue came in at $1.89 billion in the third quarter, up from $1.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,079, up 205.53 points): Enbridge Inc. (TSX:ENB). Energy. Up 48 cents, or 1.08 per cent, to $44.92 on 11.5 million shares.

TORONTO — Canada's main stock index gained one per cent Wednesday in a broad-based rally led by utilities, telecom and technology stocks, while U.S. markets also rose, particularly after the U.S.

NEW YORK (AP) — U.S. stocks rallied after the Federal Reserve indicated it may not need to pump the brakes any harder on Wall Street and the economy. The S&P 500 rose 1.1% Wednesday. The Dow gained 221 points, and the Nasdaq composite jumped 1.

OTTAWA — The Canadian Agricultural Human Resource Council says labour shortages cost the agriculture sector $3.5 billion in sales in 2022. Research by the Conference Board of Canada on behalf of the council found the sector has a vacancy rate of 7.