National Business

CALGARY — Precision Drilling Corp. is anticipating a significant increase in activity this winter, thanks to the most positive backdrop the company has experienced for its business in "more than a decade," according to chief executive Kevin Neveu.

Torontonians are being asked for their input on a new tax aimed at boosting housing supply amid the city's ongoing affordability crisis.

TORONTO — Ontario business groups expect strong uptake of the new provincial app used to verify patrons' proof of COVID-19 vaccination but say they'd like financial support from the government to cover extra costs associated with it.

EDMONTON — Shares in Stantec Inc. gained more than 10 per cent Thursday after the company announced a deal to buy Cardno Ltd.'s North American and Asia Pacific engineering and consulting business for US$500 million.

TORONTO — Rarely a week goes by without Toronto tech worker Karthik Ramakrishnan seeing another example of artificial intelligence gone wrong.

CALGARY — Kim and Dave Bailey knew they wanted to build their new home on a lot that would accommodate a three-car garage.

DETROIT (AP) — A driver was behind the wheel when a Tesla electric car crashed and burned last April in Houston, killing two men, neither of whom was found in the driver's seat. The U.S.

Sales of previously occupied U.S. homes bounced back in September to their strongest pace since January as worries about higher mortgage rates motivated buyers to get off the sidelines.

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week to a new low point since the pandemic erupted, evidence that layoffs are declining as companies hold onto workers.

TORONTO — CI Financial Corp. has signed a deal to buy U.S. wealth management firm McCutchen Group LLC. Financial terms of the agreement were not immediately available. Seattle-based McCutchen Group has US$3.4 billion in assets under management.