National Business

HALIFAX — When Jacob Ritchie and his wife Krista first had kids, setting money aside for their children’s post-secondary education seemed like a luxury they couldn’t afford.

CALGARY — Canadian Pacific Railway Ltd.'s acquisition of Kansas City Southern could be complete by next fall, the Calgary-based railway said Thursday.

HALIFAX — Nova Scotia's deficit for the 2020-21 fiscal year is $341.6 million — a figure the province's finance minister says won't affect the new Tory government's election promise to spend significantly on health care.

TORONTO — The Globe and Mail and a union representing some 250 employees have reached a tentative deal on a new collective agreement.

NEW YORK (AP) — Colleen Hoover's years as a published — and self-published — novelist have been one long, pleasant surprise. The Texas-based writer broke through in 2012 when, through an Amazon.

OTTAWA — Statistics Canada says wholesale sales fell 2.1 per cent to $70.1 billion in July, as building material and supplies sales plunged due to a drop in prices for softwood lumber.

WASHINGTON (AP) — The number of Americans seeking unemployment benefits moved up last week to 332,000 from a pandemic low, a sign that the spread of the delta variant may have slightly increased layoffs.

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in August slowed compared with July as the rate of new home construction continued to slow from their highs earlier this year.

CALGARY — TC Energy Corp. says it has signed a deal to sell its remaining 15 per cent stake in the Northern Courier Pipeline to a partnership including Suncor Energy Inc. and eight Indigenous communities.

JAKARTA, Indonesia (AP) — An Indonesian court ruled Thursday that President Joko Widodo and six other top officials have neglected to fulfill citizens’ rights to clean air and ordered them to improve the poor air quality in the capital.