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Home Capital inks deal to sell $1.2B of mortgage assets to KingSett Capital

TORONTO — Home Capital Group is selling $1.

Markets Right Now: Drop in oil price sinks energy stocks

The latest on developments in financial markets (All times local): 4:00 p.m. Another drop in crude oil prices helped bring energy stocks lower, bringing the market back from the record highs it set a day earlier.

B.C. Liberals say electric vehicles to get $50-million boost in throne speech

VICTORIA — British Columbia's Liberals are promising a $50-million jolt to charge up more electric vehicles across the province.

Cenovus Energy CEO Brian Ferguson will retire, shares take tumble

CALGARY — Cenovus Energy (TSX:CVE) shares fell more than 10 per cent on Tuesday after the oil company announced plans for more asset sales, deeper cost-cutting and the unexpected retirement of CEO Brian Ferguson. Its stock fell as low as $9.11 or 11.
Amazon Canada to hire additional 200 workers at Toronto office

Amazon Canada to hire additional 200 workers at Toronto office

TORONTO — Amazon Canada plans to hire 200 more workers at its headquarters in Toronto including for positions in software development, engineering, programming, marketing and sales and human resources.
Barclays, former CEO charged with fraud over Qatar deal

Barclays, former CEO charged with fraud over Qatar deal

LONDON — British regulators charged Barclays bank and four former executives, including then-CEO John Varley, with conspiracy to commit fraud when they asked Qatar for a cash infusion to avoid a government bailout at the height of the financial crisi

Nova Scotians developing thirst for locally crafted wine, spirits and beer

HALIFAX — Nova Scotians are growing thirstier for locally crafted beer and spirits — with vodka, rum and ciders named in honour of their maritime roots leading the charge. New year-end figures released by the Nova Scotia Liquor Corp.
Experts: Takata bankruptcy means air bag victims get less

Experts: Takata bankruptcy means air bag victims get less

DETROIT — A bankruptcy filing by Japanese air bag maker Takata will leave little money for dozens of people who sued the company over deaths and injuries caused by its exploding air bag inflators, according to outside legal experts and lawyers suing
As Brexit talks begin, Europe sees economic upswing over UK

As Brexit talks begin, Europe sees economic upswing over UK

LONDON — When Britain voted to leave the European Union a year ago, proponents argued that the British economy was being held back by the slow-growing, dysfunctional bloc.
GOP budget deadlock imperils Trump hopes for tax overhaul

GOP budget deadlock imperils Trump hopes for tax overhaul

WASHINGTON — If Republicans can't pass a budget, forget about a major overhaul of the nation's tax code — at least if they want a GOP-only approach with President Donald Trump that would avoid Democratic delaying tactics.