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National Business

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,157.65, up 19.30 points.) Canadian Natural Resources (TSX:CNQ). Energy. Up 28 cents, or 0.62 per cent, to $45.53 on 28.
S&P/TSX composite posts late-day rally to record high ahead of Fed meeting

S&P/TSX composite posts late-day rally to record high ahead of Fed meeting

TORONTO — Canada's main stock index shrugged off some early weakness to rally to a record close ahead of a two-day meeting of the U.S. Federal Reserve, where rising inflation is expected to be front and centre.
Air Canada announces routes for expanded cargo capacity

Air Canada announces routes for expanded cargo capacity

HALIFAX — Air Canada has announced a list of new international routes that will be a part of its cargo service expansion this fall.
N.L. oil workers gather in last-ditch effort to save Terra Nova offshore oilfield

N.L. oil workers gather in last-ditch effort to save Terra Nova offshore oilfield

ST. JOHN'S, N.L. — About 100 oil workers gathered outside Newfoundland and Labrador’s legislature Monday, a day before Suncor Energy was expected to announce whether the Terra Nova offshore oilfield will be shut down for good.
Minnesota court affirms approval of Line 3 oil pipeline

Minnesota court affirms approval of Line 3 oil pipeline

ST. PAUL, Minn. (AP) — The Minnesota Court of Appeals on Monday affirmed state regulators' key approvals of Enbridge Energy’s Line 3 oil pipeline replacement project, in a dispute that drew over 1,000 protesters to northern Minnesota last week.
Canada's latest wireless spectrum auction expected to be critical for 5G networks

Canada's latest wireless spectrum auction expected to be critical for 5G networks

This week marks the beginning of a key event for Canada's telecom industry as up to 23 bidders compete for federal licences used in 5G wireless networks.
Justice official resigning amid uproar over Dems' subpoenas

Justice official resigning amid uproar over Dems' subpoenas

WASHINGTON (AP) — The Justice Department’s top national security official is resigning from his position after revelations that the department secretly seized records from Democrats and members of the media.
Novavax: Large study finds COVID-19 shot about 90% effective

Novavax: Large study finds COVID-19 shot about 90% effective

Vaccine maker Novavax said Monday its COVID-19 shot was highly effective against the disease and also protected against variants in a large study in the U.S.
Manufacturing sales fell 2.1% in April as chip shortage hurt auto industry

Manufacturing sales fell 2.1% in April as chip shortage hurt auto industry

OTTAWA — Canadian manufacturing sales fell 2.1 per cent to $57.1 billion in April as the auto industry was hurt by a continued shortage of semiconductor chips that prompted companies to halt or slow production.
Cannabis company Hexo reports $20.7M Q3 loss, revenue edges higher

Cannabis company Hexo reports $20.7M Q3 loss, revenue edges higher

OTTAWA — Hexo Corp. reported a loss of $20.7 million in its latest quarter compared with a loss of $19.5 million in the same quarter last year.