National Business

Montreal smoked meat has long been defined by a rivalry. Schwartz's deli may have been better known, but for many Montrealers the best smoked meat sandwich was prepared across the street, at the Main Deli.

The canola industry is expressing concern that China will retaliate to Canada's expulsion of its diplomat by blocking agricultural shipments.

WINNIPEG — Great-West Lifeco Inc. says net earnings for its first quarter were $595 million, down more than 55 per centfrom $1.3 billion a year earlier.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,585.73, up 0.58): Tourmaline Oil Corp. (TSX:TOU). Energy. Up $1.51, or 2.62 per cent, to $59.24 on 12.6 million shares. Enbridge Inc.

Pet Valu Holdings Ltd. is looking to open 40 to 50 new stores this year as it looks to capitalize on the surge in adoption of furry companions during the pandemic.

TORONTO — Canada's main stock index was flat Tuesday, reversing minor losses from earlier in the day, while U.S. markets moved lower. The S&P/TSX composite index was up 0.58 points at 20,585.73.

Hudson's Bay is laying off another 250 workers, the second round of cutbacks this year, the company said Tuesday, bringing the total number of employees laid off this year to about 500. The Canadian retail arm of Hudson's Bay Co.

MONTREAL — SNC-Lavalin Group Inc. sees the United States as ripe with growth potential in energy and infrastructure, key areas that helped the company swing to a profit last quarter — and sent its stock skyward.

CALGARY — The new top boss at Suncor Energy Inc. says he will be sharply focused on cost-cutting as he embarks on the task of improving performance at the oilsands giant.

NEW YORK (AP) — Wall Street edged lower following some mixed earnings reports, as stocks remain roughly where they’ve been stuck for more than a month. The S&P 500 fell 0.5% Tuesday, and the Dow Jones Industrial Average lost 56 points, or 0.2%.