National Business

HALIFAX — For the second year in a row, passenger traffic at Halifax Stanfield International Airport in 2021 was down 75 per cent from pre-pandemic levels.

OTTAWA — The federal government ran a budget deficit of $73.7 billion for the April to November period of the current fiscal year. The Finance Department says the result compared with a deficit of $232 billion in the same period a year earlier.

TORONTO — Drake and Migos producer Murda Beatz is selling off publishing rights to hundreds of his songs to an upstart Canadian music investment fund.

VANCOUVER — Teck Resources Ltd. said Friday that its coal sales fell below its guidance because of extreme weather in British Columbia and warned that COVID-19 was leading to higher costs and could disrupt production.

WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve rose 5.

PARIS (AP) — The name Kim Jones dominated Paris fashion for a second week running as the indefatigable Briton who designs for Dior Men’s returned to the runway for his latest couture collection for Fendi.

CALGARY — Canadian Pacific Railway Ltd.'s grain-hauling revenues took a hit in the fourth quarter of 2021, even as the company increased corn shipments from south of the border to address a livestock feed shortage in Western Canada.

WHITBY, Ont. — The union representing Sobeys warehouse workers in Ontario says they have ratified a four-year contract with "massive wage increases.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,544.11, down 51.78 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 92 cents, or 2.6 per cent, to $36.28 on 11.8 million shares.

TORONTO — North American stock markets continued to gyrate Thursday in the aftermath of central bank plans to start raising interest rates in the coming weeks. Markets received a morning boost after a report that the U.S.