National Business

A new report by the Canadian Climate Institute says private capital is needed to invest in climate adaptation infrastructure as extreme weather events like fires and floods become more acute by the year.

CALGARY — WestJet pilots have issued a 72-hour strike notice to the company and the government, according to the union that represents them, and they warn the airline could be shut down right before the May long weekend.

NEW YORK — Asian shares were mostly higher on Tuesday even though the latest data showed China’s economy is weaker than expected, with domestic demand failing to bounce back as much as hoped for after the pandemic.

OTTAWA — Prime Minister Justin Trudeau left Monday evening for a weeklong trip to Asia, where he will make his first official visit to South Korea and attend the G7 leaders' summit in Japan.

WASHINGTON — Canada might be outmatched by the U.S. on raw spending power, but retooling the way Ottawa signs off on infrastructure projects could help it gain ground in the race to build North America's green economy, industry leaders say.

One of the world's largest automakers said Monday it has stopped construction on a $5-billion electric vehicle battery plant in Windsor, Ont., saying the federal government has not delivered on what was promised.

TORONTO — Constellation Software Inc. says its net income attributable to shareholders was US$94 million, down four per centfrom US$98 million a year earlier. The Toronto-based company says earnings per diluted share were US$4.44, down from US$4.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,539.97, up 120.35): Suncor Energy Inc. (TSX:SU). Energy. Up 29 cents, or 0.75 per cent, to $39.16 on 25.1 million shares.

TORONTO — Strength in the base metal and energy sectors helped lead Canada's main stock index higher Monday ahead of Tuesday's inflation data release, while U.S. markets also ticked upwards. The S&P/TSX composite index was up 120.

TEXAS CITY, Texas (AP) — A fire at a Marathon Petroleum refinery near Houston on Monday caused visible flames and left at least one worker dead, the company said. Marathon said the cause of the morning fire was under investigation.