National Business

Triple Point Resources Ltd. CEO Julie Lemieux wants people to understand the sheer size of the Fischell Salt Dome, a geological formation on Newfoundland's west coast she says could play a key role in the green energy transition.

OTTAWA — Statistics Canada says manufacturing sales fell 2.1 per cent to $69.6 billion in June, as sales for the transportation equipment, chemical product and primary metal subsectors moved lower.

WASHINGTON (AP) — Vice President Kamala Harris is zeroing in on high food and housing prices as her campaign previews an economic policy speech Friday in North Carolina, promising to push for a federal ban on price gouging on groceries and laying out

CALGARY — TC Energy Corp. says it and its partner have successfully completed the sale of Portland Natural Gas Transmission System. Earlier this year, the companies announced they were selling the U.S. pipeline for US$1.

Less than two years after it first hit the skies, Canada Jetlines has grounded its planes and ceased operations amid a cash crisis that caused it to become the third Canadian carrier in less than a year to stop flying.

TORONTO — Canada's main stock index gained 1.2 per cent Thursday in a broad-based rally, while U.S. markets also soared to trade near recent record highs.

NEW YORK (AP) — Wall Street rallied to one of its best days of the year Thursday after data showed the U.S. economy is holding up better than expected , with particular credit going to the country’s shoppers . The S&P 500 jumped 1.

OTTAWA — Labour Minister Steven MacKinnon has rejected a request from Canadian National Railway Co. for binding arbitration as the clock ticks down to a potential lockout of its employees.

TORONTO — OMERS says it earned a net investment return of 4.

TORONTO — RBC and TD Bank Group have agreed to pay tens of millions of dollars in penalties after being charged by the U.S. Securities and Exchange Commission over recordkeeping violations. RBC Capital Markets has agreed to pay US$45 million.