National Business

MONTREAL — Telus Corp. says it has successfully trialled technology that allows smartphones to send and receive voice calls and text messages using satellites.

OTTAWA — The Canadian Dairy Commission is delaying a planned increase to the farmgate price of milk by three months as the food industry grapples with pressure to stabilize food prices. On Wednesday, the dairy commission said an increase of 1.

CALGARY — The Calgary Real Estate Board says the city saw 2,171 home sales in October, marking a 17 per cent increase compared with the same month last year and among the highest levels it has ever reported for October.

TORONTO — The federal government has ramped up financial support to help transition homeowners away from oil furnaces — the most expensive way to heat a home — to heat pumps instead.

TORONTO — Canada Goose Holdings Inc. cut its financial guidance for its full year as it warned an "uncertain" and "increasingly challenging" global landscape along with an unseasonably warm September could hamper sales.

TOPEKA, Kan. (AP) — The operator of the Keystone pipeline system has finished cleaning up a massive December 2022 oil spill, and the creek affected by it is flowing naturally again, the company and the U.S. Environmental Protection Agency say.

WASHINGTON (AP) — Employers posted 9.6 million job openings in September, up from 9.5 million in August and a sign that the U.S. job market remains strong even as the U.S. Federal Reserve attempts to cool the economy. Layoffs fell to 1.

MONTREAL — The Caisse de dépôt et placement du Québec has signed a deal to acquire a 695-kilometre power transmission network in central Brazil in a transaction valued at up to $108.5 million.

TORONTO — Thomson Reuters Corp. announced plans to invest more than US$100 million a year in generative artificial intelligence.

VICTORIA — Vancouver-based Helijet International has placed what it says is Canada's first order for an electric vertical-takeoff aircraft to add to its current fleet of passenger and cargo helicopters.