National Business

TORONTO — CIBC and a group of international banks have announced plans for a voluntary carbon marketplace pilot that they say will help make it easier for companies to buy carbon offsets.

VANCOUVER — West Fraser Timber Co. Ltd. says it plans to buy back up to $1 billion worth of its shares. The forestry company says it is conducting a "modified Dutch auction" with a tender price range of $85 to $98 per share.

PORT-AU-PRINCE, Haiti (AP) — Haitian President Jovenel Moïse was assassinated in an attack on his private residence, according to a statement Wednesday from the country’s interim prime minister, who called the killing a “hateful, inhumane and barbari

NEW YORK (AP) — Stagehands at the Metropolitan Opera planned to return to work Wednesday after recommending their union ratify a new labor contract negotiated following a lockout that started last year.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,300.03, up 18.57 points.) The Toronto-Dominion Bank. (TSX:TD). Financials. Down 39 cents, or 0.45 per cent, to $87.25 on 25.

TORONTO — After being underwater for most of the day, Canada's main stock index recovered to set a new record close after crude oil prices briefly hit their highest levels in more than six years. The S&P/TSX composite index closed up 18.

TORONTO — Racism is harming workplace dynamics in Canada, with nearly 80 per cent of Black Canadians saying racism has damaged their relationship with their employer, according to new research released Tuesday.

QUEBEC — The federal government said it’s taking the first steps in building a long-awaited high frequency rail line along the Toronto to Quebec City corridor.

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal and Quebec City home prices soared and sales fell in June, as the province began to rebound from the COVID-19 pandemic.

WASHINGTON (AP) — The Pentagon said Tuesday it canceled a disputed cloud-computing contract with Microsoft that could eventually have been worth $10 billion.