National Business

A lawyer for Hudson's Bay Co. says Ontario regulations that force some retailers to close while others that sell similar merchandise are allowed to remain open are “irrational and arbitrary.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (17,652.94, up 85.52 points.) Suncor Energy Inc. (TSX:SU). Energy. Up five cents, or 0.22 per cent, to $22.36 on 11.1 million shares.

Ontario is creating a travel tax credit to help reinvigorate the province's tourism industry when COVID-19 restrictions are eased.

TORONTO — Ontario's legal cannabis industry is gaining ground in its fight against the illicit market, but the progress likely won't last long because of COVID-19 lockdowns.

HALIFAX — Pandemic-related costs continue to hammer Nova Scotia's finances with the province now forecasting a $778.8-million deficit for the 2020-21 fiscal year.

OTTAWA — Lactalis Canada Inc. has signed a deal with Agropur Cooperative to buy its Canadian yogurt business, Ultima Foods Inc. Financial terms of the deal were not disclosed.

TORONTO — More Coca-Cola beverages will soon be rolling off assembly lines in Quebec and Ontario as one of the company's independent bottlers moves more of its production work to Canada. Coca-Cola Canada Bottling Ltd.

NEW YORK — Interscope Geffen A&M — the home to Billie Eilish, Kendrick Lamar and Lady Gaga — has been named the No. 1 record label of the year by Billboard.

NEW YORK — Bark, which ships pet toys and treats every month, is heading to Wall Street, taking advantage of the pandemic-related boom in online pet spending.

Two of the owners of the company that makes OxyContin acknowledged to a congressional committee on Thursday that the powerful prescription painkiller has played a role in the national opioid crisis but stopped short of apologizing or admitting wrongd