National Business

MONTREAL — Air Canada plans to more than double its capacity this year compared with 2021, but says that is still below its pre-pandemic level.

WASHINGTON (AP) — The U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October through December, the government reported Wednesday , a slight downgrade from its previous estimates.

CALGARY — Cannabis retailer High Tide Inc. has signed a deal to buy Livonit Foods Inc., which operates two stores in Ontario under the Bud Heaven banner. The company is paying $2.8 million in shares for the stores located in Bracebridge, Ont.

TORONTO — Kinross Gold Corp. says it is in exclusive talks to sell its Russian assets. The Toronto-based gold miner owns the Kupol underground mine in the country's Chukotka region as well as the Udinsk development-stage project.

WARSAW, Poland (AP) — Poland announced steps Wednesday to end all Russian oil imports by the end of 2022, as Germany issued a warning over natural gas supplies and called on consumers to conserve energy in a sign of escalating economic tensions in Eu

California’s first-in-the-nation task force on reparations has decided to limit state compensation to the descendants of free and enslaved Black people who were in the U.S.

California’s first-in-the-nation task force on reparations voted Tuesday to limit state compensation to the descendants of free and enslaved Black people who were in the U.S.

TORONTO — A broad-based rally led by technology lifted Canada's main stock index to a record high and cushioned the blow to the energy and materials sectors from possible progress in talks between Russia and Ukraine.

CALGARY — Canada's oil and gas industry remains in the dark about exactly how much it will be required to reduce its emissions in the coming decade, though a sweeping new plan unveiled by Ottawa on Tuesday suggests the goalposts will be ambitious.

TORONTO — Kinross Gold Corp. says it is in negotiations to sell all of its Russian assets, nearly a month after announcing the suspension of a development in Far East Russia, following the invasion of Ukraine.