National Business

TORONTO — Canada's main financial index ticked lower Monday, with broad-based but shallow weakness across sectors including energy, financials, industrials and tech.

MONTREAL — WestJet's decision to bring Sunwing Airlines under its main banner could mean less service and higher fares — particularly in Western Canada and smaller cities across the country, experts say.

TORONTO — The head of Canada's housing agency says measures such as extending mortgage amortizations and changing the threshold to qualify for an insured mortgage are not the answer to the country's housing affordability challenges.

PARIS — The federal government says it will invest nearly $350 million to support decarbonization of the aerospace industry.

STELLARTON, N.S. — Empire Co. Ltd. says it's launching its Voilà online grocery home-delivery service in Calgary, Edmonton and the surrounding areas.

TORONTO — Several Canadian tech organizations are forming a group to advance the country's semiconductor industry. The group is called the Semiconductor Industry Leadership and Innovation Canada Action Network.

Retail sales growth in Canada is continuing to outperform much of the world so far this year, a sign of the ongoing resiliency of Canadian shoppers despite higher inflation and recession predictions, a new report has found.

OTTAWA — Conservative Leader Pierre Poilievre's attempt to block the federal government's budget bill from passing earlier this month is the latest example of government spending coming under scrutiny amid high inflation.

Marty Walsh wasn't a man in a hurry to leave the Biden administration. Less than halfway through the president's term, Walsh was in a comfortable spot in the Cabinet as labor secretary.

TORONTO — For as long as she has worked, Marie Chevrier Schwartz has paid into Canada's Employment Insurance program. Yet when she eventually needed to collect the benefit, she was denied support.