National Business

Canadian National Railway Co. made its final pitch to a U.S. regulator for approval of a voting trust it wants to use in its proposed US$33.6-billion takeover of U.S. railway Kansas City Southern.

Legislation meant to help close the gender wage gap will come into effect on Aug. 31 and be phased in over the next three years, the federal government said Wednesday.

NEW YORK (AP) — For “Hamilton” creator Lin-Manuel Miranda, the inspirations for art and philanthropy are inextricably linked.

KUALA LUMPUR, Malaysia (AP) — The largest party in Malaysia’s ruling alliance said Thursday that it will withdraw support for Prime Minister Muhyiddin Yassin immediately and urged him to make way for a new leader.

CALGARY — If not for COVID-19, Valerie Whitt might never have summoned the courage to quit her job. The 50-year-old Markham, Ont. woman had been a project manager for Ontario Health for 13 years.

HALIFAX — The Nova Scotia government announced today it will eliminate all regulatory fees for new businesses during their first two years in operation.

WASHINGTON (AP) — U.S. employers posted a record-high number of open jobs for the second straight month as a rapidly rebounding economy generates intense demand for workers. The number of available jobs on the last day of May rose slightly to 9.

MONTREAL — Goodfood Market Corp. reported a net loss of $2 million despite revenue rising to a record $107.8 million in its third quarter, a 24 per cent increase compared with a year ago at the start of the pandemic.

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.