National Business

OTTAWA — The Canadian economy remains resilient despite the global uncertainty caused by the trade war between the United States and China, a senior Bank of Canada official said Thursday.

TORONTO — Canada's main stock index and its U.S. counterparts were down moderately in late-morning trading. The S&P/TSX composite index was down 45.67 points at 16,852. In New York, the Dow Jones industrial average was down 39.

OTTAWA — Statistics Canada says the country's merchandise trade deficit with the world was $1.1 billion in October. The result came as figures for September were revised to show a deficit of $1.

TORONTO — Canada's banking sector closed out its fourth-quarter earnings season Thursday with CIBC and TD providing more evidence of a challenging economic environment. Canadian Imperial Bank of Commerce reported $1.

TORONTO — About 400 Aeroplan workers have ratified a collective agreement that standardizes wages for employees of the newly acquired loyalty program.

OTTAWA — You may be reluctant to add one more item to an already daunting holiday to-do list, but financial experts want to make sure your financial plan doesn't get neglected in the year-end rush as 2019 comes to a close.

MISSISSAUGA, Ont. — The Second Cup Ltd. says it has agreed to buy Ottawa-based Bridgehead Coffee in a $9.5-million deal.

TORONTO — TD Bank Group's profit slipped in the fourth quarter compared with a year ago, missing analyst estimates for adjusted earnings. The bank says it earned $2.86 billion or $1.54 per share in the quarter ending Oct.

WASHINGTON — The U.S. trade deficit narrowed in October as imports fell faster than exports. The politically sensitive trade gap with China dropped.

LILLOOET, B.C. — Government officials say there is a "high risk" they won't be fully successful in rescuing salmon species threatened by a massive landslide on British Columbia's Fraser River.