Deputy Prime Minister and Minister of Finance Chrystia Freeland attended a cabinet meeting in Ottawa. The latest business news includes articles that are only available for subscribers, articles about top performers in the stock market and the closing market numbers for the day. The Liberal government’s fiscal update promises to keep deficits in check, with new fiscal anchors emphasizing financial restraint. In other news, Binance Holdings Ltd.’s chief executive Changpeng Zhao pleaded guilty to anti-money laundering violations and pays a $50 million fine. The United States Federal Reserve policymakers have agreed to “proceed carefully” on future interest-rate changes. Bell Media owner BCE Inc. has requested the national broadcasting regulator to create a news fund.
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