National Business

TORONTO — Television and radio company Corus Entertainment Inc. is cutting its quarterly dividend. Corus executive chair Heather Shaw says the money that would have gone to dividends is expected to be directed to debt repayment.

Cassie Tatone borrowed a sewing machine from her mother-in-law in the spring of 2020 after the COVID-19 pandemic robbed her of her job and shut down most businesses and activities.

VANCOUVER — Proxy advisory firm Egan-Jones is recommending shareholders of Ritchie Bros. Auctioneers Inc. support the company's deal to buy U.S. automotive salvage company IAA Inc.

TORONTO — Women have powered a recent shift toward higher-paying and -skilled jobs, but a pay gap will persist until they cease being outnumbered by men in senior management positions, says a new report.

OTTAWA — As members of Parliament gear up to grill the CEOs of Canada's largest grocery store chains, experts say elected officials should push for more transparency on why grocers are making so much money. The CEOs and presidents of Loblaw Cos. Ltd.

GE Appliances says it is offering sponsorship money in hopes of helping resolve the labour impasse between Canada Soccer and the women's national team.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,514.80, down 66.78): Suncor Energy Inc. (TSX:SU). Energy. Down 14 cents, or 0.29 per cent, to $47.83 on 17.8 million shares.

TORONTO — Canada's main stock index edged lower Monday, softening as the afternoon progressed with weakness in energy stocks, while U.S. markets were mixed but didn't make big moves in either direction. The S&P/TSX composite index was down 66.

CHASIV YAR, Ukraine (AP) — Ukrainian President Volodymyr Zelenskyy vowed Monday not to retreat from Bakhmut as Russian forces encroached on the devastated eastern city they have sought to capture for six months at the cost of thousands of lives.

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal's February home sales hit a new low last month, dropping 32 per cent from the prior February. Sales for the month totalled 2,996 compared with 4,375 a year ago.