National Business

SAINT JOHN, N.B. — New Brunswick’s electrical utility says its sole nuclear generating station will remain shut down until at least mid-November. The station at Point Lepreau, N.B.

SMITHS FALLS, Ont. — Canopy Growth Corp. says chief executive David Klein is retiring next year. The cannabis company says Klein will call it quits at the end of the company's current financial year on March 31, 2025.

OTTAWA — The annual pace of housing starts in July climbed 16 per cent compared with June as starts of multi-unit projects shot higher for the month, Canada Mortgage and Housing Corp. says.

Triple Point Resources Ltd. CEO Julie Lemieux wants people to understand the sheer size of the Fischell Salt Dome, a geological formation on Newfoundland's west coast she says could play a key role in the green energy transition.

OTTAWA — Statistics Canada says manufacturing sales fell 2.1 per cent to $69.6 billion in June, as sales for the transportation equipment, chemical product and primary metal subsectors moved lower.

WASHINGTON (AP) — Vice President Kamala Harris is zeroing in on high food and housing prices as her campaign previews an economic policy speech Friday in North Carolina, promising to push for a federal ban on price gouging on groceries and laying out

CALGARY — TC Energy Corp. says it and its partner have successfully completed the sale of Portland Natural Gas Transmission System. Earlier this year, the companies announced they were selling the U.S. pipeline for US$1.

Less than two years after it first hit the skies, Canada Jetlines has grounded its planes and ceased operations amid a cash crisis that caused it to become the third Canadian carrier in less than a year to stop flying.

TORONTO — Canada's main stock index gained 1.2 per cent Thursday in a broad-based rally, while U.S. markets also soared to trade near recent record highs.

NEW YORK (AP) — Wall Street rallied to one of its best days of the year Thursday after data showed the U.S. economy is holding up better than expected , with particular credit going to the country’s shoppers . The S&P 500 jumped 1.