National Business

MONTREAL — Stella-Jones Inc. reported a first-quarter profit of $77 million, up from $60 million a year ago, as its revenue rose nine per cent. The maker of utility poles and railway ties says its profit amounted to $1.

MONTREAL — Air Canada ranks below most other major North American airlines on customer satisfaction, with airfares a particular sore point, according to a new survey.

CALGARY — Suncor Energy Inc. says it is leasing and operating a number of Aframax oil tanker ships to carry crude from the recently completed Trans Mountain pipeline expansion to Pacific markets.

SAINT JOHN, N.B. — Regional air service in New Brunswick will get a boost in September when Saint John Airport adds new weekday flights to Halifax, reviving a route that was cancelled because of the pandemic.

RICHMOND, B.C. — The president of London Drugs has issued a letter apologizing for a cybersecurity incident that forced the company to close stores for more than a week, but he says there's no evidence customer databases were compromised.

SECAUCUS, N.J. (AP) — Internet casino gambling is legal in only a handful of states, but the industry is convinced it is the future of betting, even as some worry about cannibalizing physical casinos.

TORONTO — Despite Canada's slowing economic growth, demand is propping up the retail leasing market as rents continue to trend upwards, said the chief executive of RioCan Real Estate Investment Trust.

Shopify Inc.'s shares slumped Wednesday as the company reported a loss in its latest quarter and forecast slower revenue growth for next quarter in its financial outlook. The e-commerce software company, which keeps its books in U.S.

TORONTO — Canada's main stock index was down more than 100 points as shares of tech heavyweight Shopify Inc. dropped nearly 20 per cent after it reported a loss in its latest quarter and forecast slower revenue growth.

TORONTO — Spin Master Corp. says it continues to face challenges as inflation and the high cost of living weigh on consumer discretionary spending on toys.