As the shipping industry faces pressure to cut climate-altering greenhouse gases, one answer is blowing in the wind.

North American stock markets plunged in early trading amid worries that the arrest of a senior executive at Chinese telecom equipment maker Huawei could derail progress in China-U.S. trade talks.

Falling oil prices took a bite out of exports in October as Canada’s merchandise trade deficit increased to roughly $1.2 billion in October compared with $891 million in September, Statistics Canada said Thursday.

Asian stock prices skidded Thursday following the arrest of a senior official at Chinese telecoms equipment maker Huawei that could derail progress in China-U.S. trade talks.

National Bank of Canada had $566 million of net income in its fourth quarter, up eight per cent from the same period last year as each of its three main business units improved earnings.

Toyota’s top U.S. executive says car sales nationwide have nearly bottomed out, but his company will keep making them despite a dramatic shift to trucks and SUVs.

Oilsands producer Canadian Natural Resources is setting its 2019 capital budget at $1-billion less than its “normalized” range but says it will ramp up spending if heavily discounted oil prices in Western Canada rebound.

A report by Canada Mortgage and Housing Corp. suggests a majority of landlord investors who bought properties in large, high-rise condominium buildings in downtown Montreal are not collecting enough rent to recoup their operating expenses.

Teck Resources Ltd. has sold a 30 per cent stake in its Quebrada Blanca Phase 2 project to Sumitomo Metal Mining Co. Ltd. and Sumitomo Corp. for US$1.2 billion.

Enbridge Inc. has signed a deal to sell its natural gas distribution business in New Brunswick to Algonquin Power and Utilities Corp. for $331 million in cash.