National Business

OTTAWA — Canadian exports posted a record drop as they fell to their lowest level in more than a decade and the country's merchandise trade deficit in April swelled to more than double compared with March.

CALGARY — Former Bank of Canada governor Stephen Poloz has been appointed to the board of directors at pipeline company Enbridge Inc. Poloz retired as the head of the Canada's central bank on Tuesday.

The Trump administration moved Wednesday to block Chinese airlines from flying to the U.S. in an escalation of trade and diplomatic tensions between the two countries.

WHEAT RIDGE, Colo. — The CEO of Pilgrim's Pride is one of four current and former chicken company executives indicted Wednesday on charges of price-fixing. The U.S.

MONTREAL — Stingray Group Inc. swung to an $8.5-million loss in the fourth quarter of its fiscal year as radio revenues declined due to the initial impact of the COVID-19 pandemic.

MONTREAL — A shareholder advisory agency is urging Bombardier Inc. shareholders to vote against the company's approach to compensation over the severance package to former CEO Alain Bellemare that could reach $17.5 million.

TORONTO — North American stock markets set new three-month highs as investors again shrugged off risks as they gained more confidence about the economic recovery. "Markets have been unstoppable even in the wake of renewed U.S.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,575.11, up 180.75 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 86 cents, or 3.51 per cent, to $25.38 on 34.9 million shares.

TORONTO — A worker shortage could threaten the harvest of some crops across Ontario, groups that advocate for farmers said Wednesday, as Premier Doug Ford acknowledged his government has discussed creating incentives to address the issue.

TORONTO — Home sales are showing signs of improvement in the Toronto real estate market, but economists say it's far too early to feel optimistic about the trajectory of a recovery from the devastating effects of the COVID-19 pandemic.