National Business

VANCOUVER — A settlement agreement announced last week between the owners of the Northern Pulp mill and the Nova Scotia government has been approved by a British Columbia Supreme Court judge.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (22,269.12, up 197.41 points): Enbridge Inc. (TSX:ENB). Energy. Up 91 cents, or 1.86 per cent, to $49.83 on 12.9 million shares.

CALGARY — A wetter-than-expected spring has Western Canadian farmers breathing a sigh of relief, but drought remains a significant worry.

TORONTO — Canada's main stock index gained almost 200 points Friday, while U.S. markets were mixed. The S&P/TSX composite index closed up 197.41 points at 22,269.12. In New York, the Dow Jones industrial average was up 574.84 points at 38,686.32.

TORONTO — Indigo Books & Music Inc. says Trilogy Investments LP has acquired all of the retailer's outstanding shares.

BRP Inc. said it will further cut production this year after sagging demand for Ski-Doos pushed the powersport company to its first quarterly loss since 2017.

NEW YORK (AP) — Stocks ended mostly higher on Wall Street, closing out the market’s latest winning month. The S&P 500 shook off a midday slump and ended 0.8% higher Friday.

MONTREAL — Laurentian Bank of Canada's chief executive says it's launching a new strategic plan meant to make the company "stronger, sustainable, and more profitable.

OTTAWA — The federal government ended the 2023-24 fiscal year with a deficit of $50.9 billion. The result for the April-to-March period compared with a deficit of $41.3 billion reported for the same stretch of its 2022-23 fiscal year.

OTTAWA — Canadian economic growth came in slower than expected for the first quarter, strengthening the case for a possible interest rate cut by the Bank of Canada next week. Statistics Canada said Friday the economy grew at an annualized rate of 1.