National Business

OTTAWA — The Bank of Canada considered raising interest rates earlier this month, as it feared being too slow to react to sticky inflation.

TORONTO — Rogers Communications Inc. is partnering with SpaceX and Lynk Global to deliver satellite-to-phone connectivity across Canada and bolster coverage in remote regions.

Canadian farmers are expecting to plant the largest wheat crop in more than two decades this year amid strong demand for wheat. Statistics Canada said Wednesday that farmers anticipate planting 23 million acres of wheat, up 6.

TORONTO — Electric vehicle drivers can expect more charging options ahead as the Canada Infrastructure Bank is loaning $220 million to Flo Services Inc. to expand its network.

CALGARY — Cenovus Energy Inc. lowered its production guidance for the year Wednesday after releasing first-quarter financial results that missed Wall Street's expectations.

WASHINGTON (AP) — Toy company Mattel revealed its first Barbie doll representing a person with Down syndrome on Tuesday.

TORONTO — Whether you're catching a flight, opening a new bank account or picking up groceries, a small group of big names takes up most of the market share. Competition Ltd.

MONTREAL — CGI Inc. reported a second-quarter profit of $419.4 million, up from $372.0 million in the same quarter last year, as its revenue rose nearly 14 per cent. The business and technology consulting firm says its profit amounted to $1.

A Japanese company’s spacecraft apparently crashed while attempting to land on the moon Wednesday, losing contact moments before touchdown and sending flight controllers scrambling to figure out what happened.

MONTREAL — TFI International Inc. says its net income for the first quarter of 2023 was US$111.9 million, down more than 24 per centfrom US$147.7 million a year earlier. The Montreal-based trucking company says total revenue was US$1.