National Business

MONTREAL — The head of the Quebec bar owners' association says some suds sellers could soon run dry because of an ongoing strike at a Molson Coors brewery.

IQALUIT — A company that runs the largest mining operation in Nunavut says it has awardedtens of millions of dollars in contracts to Inuit firms in the hamlet of Sanirajak, but some residents say they don’t know where that money has gone. An Oct.

CALGARY — High oil prices helped Imperial Oil Ltd. post its highest first-quarter profit in over 30 years Friday, though production at the company's Kearl oilsands mine was less than anticipated due to extreme cold weather and unplanned downtime.

TORONTO — Magna International Inc. cut its outlook for the year due to lower than expected global auto production and increased costs as it reported a first-quarter profit of US$364 million Friday. Magna, which keeps its books in U.S.

GATINEAU, Que. — Musical chairs is continuing at Hexo Corp. as the cannabis company has announced the appointment of its third chief executive in six months.

WASHINGTON (AP) — An inflation gauge closely tracked by the Federal Reserve surged 6.

LONDON (AP) — Tennis great Boris Becker was sentenced to 2 1/2 years in prison on Friday for illicitly transferring large amounts of money and hiding assets after he was declared bankrupt.

British billionaire Jim Ratcliffe launched a late bid on Friday to buy Chelsea for 4.25 billion pounds ($5.3 billion) as rival offers featuring American investors were already being assessed as the sale process nears a conclusion.

WINNIPEG — Bus manufacturer NFI Group Inc. is cutting its revenue forecast for the second time in seven months, citing a global shortage of microprocessors.

OTTAWA — The federal government posted a deficit of $69.8 billion for the April-to-February period of its 2021-22 fiscal year as revenue grew and expenses fell.