National Business

LOS ANGELES (AP) — As the former captain in charge of the Hollywood Division of the Los Angeles Police Department, Cory Palka was a star himself.

TORONTO — RioCan Real Estate Investment Trust reported net income in the third quarter of $3.2 million, down from $137.6 million the year before, attributing the drop to a net fair value loss on investment properties.

OTTAWA — Finance Minister Chrystia Freeland’s fall economic update creates two new federal tax credits for clean technology and low-emitting hydrogen production, with the caveat that companies that pay fair wages and train apprentices will get a bigg

OTTAWA — The federal Liberals unveiled their fall economic update Thursday — a 92-page mini-budget setting out Canada’s fiscal situation and outlining new policies to tackle cost-of-living woes.

TORONTO — Fairfax Financial Holdings Ltd. says it recorded a net loss of US$75.1 million in the third quarter, down from earnings of $462.4 million in the third quarter of last year. The Toronto-based holding company, which reports in U.S.

TORONTO — The move by the federal government to force Chinese companies to sell their investments in three critical mineral companies is being called a meaningful and necessary escalation of Canada's defensive posturing on strategic assets.

MOORESVILLE, N.C. — Lowe's Companies, Inc. is selling its Canadian retail business to New York-based private equity firm Sycamore Partners for US$400 million plus a performance-based deferred consideration.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,241.22, down 35.79 points): Barrick Gold Corp. (TSX:ABX). Materials. Down $1.62, or 8.27 per cent, to $17.98 on 19.1 million shares.

WATERLOO, ONTARIO — OpenText Corp. reported a net loss of US$116.9 million in its latest financial quarter, compared with net income of $131.9 million in the same quarter last year. The Waterloo, Ont.-based tech company, which reports in U.S.

Ottawa plans to make permanent its pandemic-era pause on student loan interest in an effort to reduce some of the current financial pressures on young Canadians as the cost of living rises.