National Business

VANCOUVER — The Alberta's government's decision last week to end its oil production curtailment program in December will help advance a plan by Teck Resources Ltd. to sell its stake in the Fort Hills oilsands mine, says CEO Don Lindsay.

More than 130 Canadian tech leaders are calling on the prime minister to create a prosperity plan because they say the country won't excel without support for innovators and the government has been slow to offer help.

CALGARY — Cenovus Energy Inc. is aiming to cut as many as one in four jobs — potentially more than 2,000 workers — if it succeeds in its $3.8-billion friendly takeover of rival Husky Energy Inc.

Workers at two more Indigo Books and Music Inc. stores have voted in favour of unionization, bringing the total to three locations. Bookstore employees at an Indigo in Montreal and a Chapters in Coquitlam, B.C.

HALIFAX — A Halifax travel agency is offering two weeklong trips to Cuba reserved exclusively for residents of the Atlantic Canada bubble.

Drugmaker Merck, bouncing back from a $1.6 billion hit from the coronavirus pandemic in the second quarter, boosted its third-quarter profit by 55% and blew past Wall Street expectations.

TORONTO — The pandemic continued eating into profits for Restaurant Brands International Inc. in the third-quarter, as disruption to daily rituals like going to work and taking kids to hockey curbed sales.

CALGARY — Suncor Energy Inc. is moving its PetroCanada head office to Calgary from two offices in Ontario next year, affecting about 700 workers.

CALGARY — It's business as usual for oilsands producer MEG Energy Corp., its CEO says, despite speculation it could be a takeover target in the wake of the $3.8-billion buyout of Husky Energy Inc. announced by Cenovus Energy Inc. on Sunday.

SAN JOSE, Calif. — Advanced Micro Devices is buying Xilinx for $35 billion in an all-stock deal that will combine the two Silicon Valley chip makers and accelerate an already rapid-fire pace of mergers and buyouts in the industry.