National Business

CALGARY — Imperial Oil Ltd. is raising its quarterly dividend after higher crude oil prices contributed to a doubling of revenues and a big surge in fourth-quarter profit.

TORONTO — TD Bank says it's making policy changes at its U.S. operations to reduce how much customers pay in overdraft fees amid rising regulatory pressure over the charges.

CALGARY — The Calgary Real Estate Board says housing inventory sank to its lowest level since 2006 last month as tight market conditions continued.

TORONTO — Cannabis has boosted Canada's gross domestic product by $43.5 billion, including $13.3 billion in Ontario since recreational pot was legalized in October 2018, says a new study.

TORONTO — Koho Financial Inc. says it has raised $210 million in a series D funding round as it looks to expand its head count and accelerate growth.

TORONTO — Rogers Communications Inc. has named a new chief financial officer amid an ongoing senior leadership shuffle. The Toronto-based company says it has appointed Rogers veteran Glenn Brandt to the role.

TORONTO — Corus Entertainment Inc. says it has purchased a majority stake in television and film production company Aircraft Pictures Ltd.

TORONTO — Toymaker Spin Master Corp. says its revenue grew 26.5 per cent compared with a year ago driven by growth in toy, entertainment and licensing and digital games revenues.

TORONTO — Canadian executives say the biggest challenges facing businesses right now are a shortage of skilled workers and finding young employees, according to a recent survey.

MIAMI (AP) — A second cruise ship diverted to the Bahamas on Monday, avoiding a U.S. judge’s order to seize one of the company's vessels.