National Business

Tensions over Indigenous rights, climate change and resource development that have escalated recently with the rail blockades helped push Teck Resources Ltd. to shelve its massive oilsands project, company CEO Don Lindsay said Monday.

ALBANY, N.Y.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange ( 17,562.74, down 280.79 points.) Acerus Pharmaceuticals Corp. (TSX:ASP). Health care. Up one cent, or 20 per cent, to six cents on 14.

TORONTO — U.S. stock markets suffered their worst day in more than two years Monday while Canada's main stock index posted a triple-digit decline amid concerns stemming from an increase in new cases of the novel coronavirus outside of China.

GATINEAU, Que. — A coalition of groups representing consumers, low-income and Indigenous people in Manitoba told the CRTC Monday that "Canadians have waited long enough" for high-quality mobile wireless services at an affordable price.

SAINT JOHN, N.B. — A new alliance has been formed to promote the development of small nuclear reactors and other energy technologies in Atlantic Canada.

FRANKFURT — The widening coronavirus outbreak threatens to seriously disrupt the global economy, just as it was steadying itself against headwinds from the U.S.-China trade dispute.

TORONTO — An award-winning Toronto-based production company behind a slew of popular reality shows is facing a $35-million class-action lawsuit over alleged employment standards violations.

OMAHA, Neb. — Billionaire Warren Buffett says the viral outbreak in China has slowed economic growth, but he remains confident in the long-term future of American business.

MONTREAL — Air Canada has signed two agreements for airframe maintenance in Quebec, subject to its takeover of Transat AT.