Business Brief: Why are universities cutting sports?

Good morning. Universities across the country have been straining under budgetary pressures for years. Now, after slashing academic programs and staff, administrators have begun to cut what some students and alumni consider a sacred heart of the postsecondary experience: varsity sports. That’s in focus today along with the power of wind in Nova Scotia. Up first In the news Alberta budget: The province is forecasting a $9.37-billion deficit, while also projecting oil prices far higher than other analysts predict Trade: Negotiations between Canadian and American trade officials are “business-like, cordial, amicable” and even “very friendly,” says Dominic LeBlanc Artificial intelligence:…