National Business

GATINEAU, Que. — The Competition Bureau has cleared RBC's proposed $13.5-billion takeover of HSBC Bank Canada despite concerns about concentration in Canada's financial sector.

WASHINGTON (AP) — America's employers added 187,000 jobs in August, evidence of a slowing but still-resilient labor market despite the high interest rates the Federal Reserve has imposed.

OTTAWA — Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada's rate hiking campaign may be coming to an end.

NEW YORK (AP) — Stocks are opening higher on Wall Street after a closely watched report showed that the job market, while still healthy, has been showing some signs of cooling.

TORONTO — Restaurant Brands International Inc. has received approval from its board of directors to allow it to repurchase up to US$1 billion of its common shares over the next two years. Through the approval, which last until Sept.

EDMONTON — CWB Financial Group reported its third-quarter profit rose compared with a year ago. The Edmonton-based bank says its common shareholders' net income totalled $83.1 million for the quarter ended July 31, up from $70 million a year earlier.

LITTLE ROCK, Ark.

TORONTO — Intact Financial Corp. in a report Thursday estimated that its catastrophe losses due to wildfires and other weather events totalled about $570 million for the third quarter so far.

TORONTO — Affordability is the top reason cited among Canadians who opted for co-ownership with family members and friends, according to a new Royal LePage survey.

A popular ride at the Canadian National Exhibition in Toronto has reopened after a rider was injured earlier this week.