National Business

VICTORIA — The British Columbia government says it is matching $1 billion in federal government money to address the impacts of COVID-19 and help restart the economy. Premier John Horgan says in a news release the funding will secure some of B.C.

DETROIT — Tesla overcame a seven-week pandemic-related shutdown at its U.S. assembly plant to post a surprising $104 million net profit for the second quarter.

CALGARY — A report that says the Trans Mountain pipeline system has earned net income of $29 million in the 19 months since it was purchased by Ottawa relies on faulty accounting, according to a vocal critic of the project.

TORONTO — The usually busy back-to-school shopping season will likely look different for Rogers Communications Inc. this year, an uncertain outlook that comes as the COVID-19-related economic downturn took a toll during its most recent quarter.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,171.06, up 8.10 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up three cents, or 6.59 per cent, to 48.5 cents on 17.

United Airlines executives said Wednesday that travel will rise when the number of new coronavirus cases drops but the airline's revenue will stall around 50% of pre-pandemic levels until there is a vaccine.

VANCOUVER — A&W Revenue Royalties Income Fund saw same-store sales plunge more than 30 per cent in its most recent quarter as the fast-food chain kept many of its locations shut down due to the COVID-19 pandemic.

TORONTO — A late-day recovery in crude oil helped lift share prices to pull Canada's main stock index out of a listless trading pattern and allow it to end with a slight increase on Wednesday. The S&P/TSX composite index closed up 8.

The CFL team formerly known as the Edmonton Eskimos has seen a "very significant" spike in sales of clothing and other items bearing the now-defunct name, says the team's chief executive.

TORONTO — Executives at Cineplex Inc. are asking the Ontario government to loosen restrictions over how many people can occupy its cinemas at a single time.