National Business

CALGARY — Calgary Mayor Jyoti Gondek says the city can no longer afford its long-sought Green Line light rail transit project after the Alberta government announced it's pulling funding from the plan in its current form.

TORONTO — The Insurance Bureau of Canada says this summer saw a record number of insurance claims driven by four major weather events and natural disasters over the span of four weeks.

The chief executive officer of Kroger insisted Wednesday that merging with rival Albertsons would allow the two supermarket companies to lower prices and more effectively compete with retail giants like Walmart and Amazon.

VANCOUVER — Greater Vancouver Realtors says home sales in the region dropped 17.1 per cent in August from a year earlier and were more than a quarter below the 10-year seasonal average.

HALIFAX — The Nova Scotia government is spending $42 million over five years to help improve access to health information through Google Cloud's search tools and artificial intelligence.

HAMILTON — Hamilton police have arrested a car salesman as part of an investigation into an alleged fraud where luxury vehicles were bought under stolen identities and then re-registered or exported overseas. A 44-year-old man from London, Ont.

Real estate experts say the Bank of Canada's third consecutive interest rate cut will be cheered by those with variable-rate mortgages, but it could still be a while yet before lower borrowing costs translate into a meaningful boost to sales activity

WASHINGTON (AP) — America's employers posted fewer job openings in July than they had the previous month, a sign that hiring could further cool in the coming months. The Labor Department reported Wednesday that there were 7.

OTTAWA — The Bank of Canada cut its key interest rate target by 25 basis points to 4.25 per cent on Wednesday. Here is the text of the central bank's decision: The Bank of Canada today reduced its target for the overnight rate to 4.

WASHINGTON (AP) — America's employers posted fewer job openings in July than they had the previous month, a sign that hiring could cool in the coming months. The Labor Department reported Wednesday that there were 7.