National Business

VANCOUVER — Investment firm Luxor Capital Group LP remains opposed to Ritchie Bros. Auctioneers Inc.'s deal to buy IAA Inc. despite changes to the agreement. Luxor, which holds a 3.

OTTAWA — Oilsands executives insist they are all in on cutting emissions and will make big investments in green technology, but they maintain there isn't a place to invest that money yet.

OTTAWA — The Federal Court of Appeal has dismissed the Competition Bureau's effort to overturn a key approval of Rogers Communications Inc.'s takeover of Shaw Communications Inc.

Canadian National Railway Co. warned Tuesday of rockier times ahead in 2023, even as it celebrated double-digit earnings gains for the fourth quarter of 2022.

WASHINGTON — Canada's international trade minister says the United States appears to be pressing ahead with what she calls "unjustified" duties on softwood lumber imports. Mary Ng says the anti-dumping and countervailing duties the U.S.

HAMILTON — Canada's economy is facing a "turbulent" year, but the federal government still has some spending room for big priorities including a new health-care deal with the provinces, Associate Finance Minister Randy Boissonnault said Tuesday.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,629.55, down 2.03): Enbridge Inc. (TSX:ENB). Energy. Down 46 cents, or 0.82 per cent, to $55.55 on 12.7 million shares.

Hudson's Bay is laying off two per cent of its total workforce, estimated to be about 250 employees, largely within Canada.

TORONTO — Canada's main stock index was largely unchanged Tuesday as weakness in energy was offset by gains in telecom and industrials, while U.S. markets were mixed. The S&P/TSX composite index was down 2.03 points at 20,629.55.

TORONTO — Sources say newspaper publisher Postmedia Network Corp. is laying off 11 per cent of its editorial staff, less than a week after workers were told the company was grappling with "economic contraction.