National Business

TORONTO — DesRosiers Automotive Consultants Inc. says new vehicle sales defied affordability headwinds to rise an estimated 20 per cent in October compared with last year.

CALGARY — TransAlta Corp. has signed a deal to buy Heartland Generation Ltd. and its power generation business in Alberta and B.C. in a deal valued at $658 million, including assumed debt.

MONTREAL — Quebec's public hydroelectric utility says it plans to spend up to $185 billion by 2035 to increase generating capacity and improve the reliability of its network.

MONTREAL — Saputo Inc. says it is closing its facility in Lancaster, Wis., and plans to move production to another location in the state. The Montreal-based company says about 100 employees will be affected by the decision.

While BCE Inc. is “well on track” to meet its fibre internet build targets, the company’s chief executive has warned that the company is prepared to delay progress in 2024 in the face of regulatory uncertainty.

PANAMA CITY (AP) — Facing a second week of impassioned, nationwide protests, Panama's National Assembly has nearly passed a new law revoking a controversial mining contract in an environmentally vulnerable part of country.

Shopify Inc.'s net income soared to US$718 million in its third quarter as the company benefited from a lower head count and a more careful approach to expenses. "We've been very disciplined in the back office.

When a wave of anti-LGBTQ+ laws swept across the U.S. over the summer, Lightspeed Commerce Inc. employees wasted no time asking the company's executive ranks to help protect staff.

TORONTO — Mending clothes was a regular part of growing up for Anna-Marie Janzen, who started to learn the craft at age three from her grandmother. “That was just kind of like, of course, that's what you do, put it in the mending pile,” she said.

CALGARY — Less than 12 months after an activist investor critiqued its performance, fuel retailer Parkland Corp. has doubled its third quarter profit and announced it will exceed its previously announced earnings guidance for 2023.