National Business

TORONTO — Canada's main stock index closed down 1.2 per cent Tuesday as part of a broad selloff caused by surging bond yields that also pushed U.S. stock markets down. The S&P/TSX composite index closed down 262.88 points at 21,274.

TORONTO — Another year, another Netflix price increase.

PRINCE RUPERT, B.C. — Port officials in Prince Rupert, B.C., say 2021 was a difficult year as cargo volumes fell, but they are optimistic about a strong recovery.

CALGARY — The chief executive of Suncor Energy Inc. says the company must do more to improve workplace safety after a truck crash earlier this month resulted in the death of a contractor at the company's Base Mine site near Fort McMurray, Alta.

TORONTO — The "meme stock" phenomenon of early 2021, which saw social media-based investors push back against Wall Street by piling into stocks such as GameStop and BlackBerry, gave Marius Zoican an idea.

Grocery stores are struggling with rising labour and product shortages that could threaten Canada's food security, experts say.

TORONTO — A new report is highlighting the need for more skills development in sustainable finance to meet the expected growth in demand as regulatory and stakeholder pressures increase.

Microsoft is paying nearly $70 billion for Activision Blizzard, the maker of “Candy Crush’’ and ‘’Call of Duty,’’ as it seeks an edge in the fiercely competitive businesses of mobile gaming and virtual-reality technology. The all-cash $68.

TORONTO — Bic is buying Inkbox, a Toronto-based temporary tattoo company, for US$65 million. The stationery and shaver giant says Inkbox will broaden its portfolio, which already includes BodyMark temporary tattoo markers.

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in December fell 22 per cent when compared with November.