National Business

CALGARY — Trican Well Service Ltd.

CALGARY — There’s opportunity for Canada to help supply the world’s growing need for “energy transition metals” used in electric vehicle and power storage batteries but it faces stiff competition from other countries, especially China, observers say.

Magna International chief executive Don Walker said sustainability, as well as diversity and inclusion, are priorities for car manufacturers that are looking to work with the auto parts maker.

TORONTO — Hydro One Ltd. reported its latest quarterly revenue and profit were up compared with a year ago as a hot summer helped bolster electricity demand.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Air Canada update Air Canada is set to hold a conference call to discuss its third-quarter results on Monday.

Marriott saw dramatic improvement in the third quarter as travel demand rebounded in China. But Marriott President and CEO Arne Sorenson said the recovery remains bumpy, and reinstated lockdowns in Europe and elsewhere could clip bookings.

CALGARY — Enbridge Inc., the operator of the largest crude oil pipeline network in North America, says it will reduce its greenhouse gas emissions intensity to net zero by 2050.

TOKYO — Japanese automaker Honda reported Friday that its profit rose 23% in the last quarter, despite a pandemic that has slammed businesses around the world. Tokyo-based Honda Motor Co. said its July-September profit was 240.9 billion yen ($2.

TOKYO — Toyota’s July-September profit fell 11% from a year earlier as the coronavirus pandemic slammed global demand, but Japan’s top automaker appeared to be holding up better than weaker rivals that have sunk into the red. Toyota Motor Corp.

MONTREAL — Dorel Industries Inc. says it couldn't keep up with demand for bicycles and some home furniture during the summer as the quarter's revenue still rose 9.9 per cent from last year. The Montreal-based company, which reports in U.S.