National Business

UNITED NATIONS (AP) — France, Germany and the United Kingdom moved Thursday to reimpose United Nations sanctions on Iran over its nuclear program , further isolating Tehran after its atomic sites were repeatedly bombed during a 12-day war with Israel

TORONTO — A potentially precedent-setting showdown between Hudson's Bay and a group of landlords opposing the retailer's push to sell about two dozen of its leases to a B.C. billionaire got underway in court Thursday.

On the surface, banking with a credit union may seem a lot like a traditional bank. But it’s not.

TORONTO — TD Bank Group swung to a profit in its latest quarter compared to last year as it continues to restructure and recover from anti-money laundering failures. "This quarter, we made significant progress on our U.S. balance sheet restructuring.

CALGARY — The bad news for Alberta's oil-reliant budget is set to get worse. Finance Minister Nate Horner says softening oil prices mean this year's projected budget deficit is expected to grow by $1.3 billion, and will now finish at $6.

WINNIPEG — Manitoba's auditor general says a rural municipality failed to properly investigate a cyber attack that resulted in the loss of hundreds of thousands of dollars.

LONDON — Spirits maker Diageo will cease operations at its bottling facility in Amherstburg, Ont., early next year, as it shifts some bottling volume to the U.S., the company announced on Thursday.

TORONTO — As many young Canadians head off to college and university, some will be fortunate enough to be able to tap into a registered education savings plan.

TORONTO — The financial sector helped weigh down Canada's main stock index in late-morning trading on Thursday, while U.S. stock markets were mixed. The S&P/TSX composite index was down 64.36 points at 28,368.64.

CIBC reported a jump in profits that beat analyst expectations as its outgoing chief executive said the bank is well positioned to weather macroeconomic volatility ahead.