Business

ST. LOUIS (AP) — The creator of a Texas-based investment company has been sentenced to 11 years in federal prison for his role in a Ponzi scheme that prosecutors say bilked 64 victims, including Kansas City Chiefs tight end Travis Kelce.

WASHINGTON — After further escalating his trade war Wednesday, U.S. President Donald Trump said if Canada becomes the first associate member of the European Union it could be a "hostile act."

The White House jumped on a news report last week about tariffs prompting Sapporo Breweries to move production from Canada to the United States. The official White House X account posted a photo of Sapporo beer cans, reproducing the news headline and adding a caption saying, "Made in America." The brewery has since clarified that no final decision has been made, but the proposed move involves only non-alcoholic beer, which accounts for less than one per cent of its total production in Canada.

The union representing Canadian workers at Stellantis is urging the federal government to intervene as the automaker looks to sell its idled Brampton, Ont., assembly plant to Canadian armoured ⁠vehicle maker Roshel.

TORONTO (AP) — The 51st Toronto International Film Festival has unspooled against a backdrop of rising tensions between the U.S. and Canadian governments, though it would be hard to tell it from the convivial atmosphere on the ground.

LIVERPOOL — Prime Minister Mark Carney met for the first time face-to-face with British Prime Minister Andy Burnham on Wednesday, bonding over common values, a love of sports and a shared loss of their fathers to Alzheimer's disease.

WASHINGTON — U.S. President Donald Trump is again accusing Canada of not doing enough to clamp down on drugs — but did not include it in a list of major drug-producing countries released Wednesday.

EDMONTON — A report released Wednesday by the Alberta government says if the province wants to separate from Canada, it would need to shell out up to $170 billion and hire at least 70,000 civil servants to do it.

The study found visits for gambling disorders have doubled in Ontario since the expansion of online gambling and single-event sports betting.