National Business

CALGARY — Soaring heating prices in Europe and an electricity crisis in China are proof that the global transition to a low-carbon economy needs to be driven by a "mix of balanced policy solutions," the chief executive of pipeline giant Enbridge Inc.

Canopy Growth Corp. pushed back its profitability target as it reported a $16.3 million loss and said it would close one of its greenhouses. The Smiths Falls, Ont.

WASHINGTON (AP) — America’s employers accelerated their hiring last month, adding a solid 531,000 jobs, the most since July and a sign that the recovery from the pandemic recession is overcoming a virus-induced slowdown.

MONTREAL — Dorel Industries Inc. is warning that supply chain disruptions that are worse than previously thought will hamper its fourth-quarter results after contributing to a US$37-million loss in its latest quarter.

Many Canadians are itching to travel overseas — or at least over the U.S. border — after 20 months stuck inside the country amid COVID-19 health measures and travel restrictions. With the U.S.

ATLANTA (AP) — The son of R&B legend Gladys Knight has been sentenced to serve two years in prison for failing to withhold payroll taxes for the restaurants that bore his mother's name, federal prosecutors in Atlanta said.

Sales of Canada Goose Holdings Inc.'s luxury parkas are heating up as economies reopen around the world, with the planned launch of footwear next week expected to send revenues sizzling.

TORONTO — Magna International Inc. reported its third-quarter profit fell compared with a year ago and cut its outlook for its full year as auto production around the world fell due the shortage of semiconductor chips.

OTTAWA — A quick look at Canada's October employment (numbers from the previous month in brackets): Unemployment rate: 6.7 per cent (6.9) Employment rate: 61.0 per cent (60.9) Participation rate: 65.3 per cent (65.

OTTAWA — Canada's national unemployment rate was 6.7 per cent in October. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 13.9 per cent (13.1) _ Prince Edward Island 9.