National Business

TORONTO — Cineplex Inc. continued to feel the impacts of twin Hollywood strikes in its second quarter, but the end of the period marked a turning point.

NEW YORK (AP) — Stocks are closing a wild, whipsaw week for Wall Street with modest gains. The S&P 500 rose 0.5% Friday, coming off its best day since 2022, trimming its loss for the week down to 0.1%. The Dow Jones Industrial Average rose 0.

TORONTO — It will take more than just interest rates dipping lower for RioCan Real Estate Investment Trust to start new major developments, said chief executive Jonathan Gitlin.

MONTREAL — AtkinsRéalis Group Inc.'s nuclear business drove big growth in profits and backlog last quarter, as the engineering firm continued to capitalize on the global energy transition.

TORONTO — A four-part docuseries on The Tragically Hip and film shorts from Oscar-winner Torill Kove and actor Connor Jessup are among the homegrown additions to the Toronto International Film Festival.

SMITHS FALLS, Ont. — Canopy Growth Corp. posted a larger loss in its latest quarter compared with a year ago as its revenue declined. The cannabis producer says its loss attributable to the company amounted to $127.1 million or $1.

OTTAWA — Students are facing a particularly challenging summer job market while recent immigrants are disproportionately affected by weakening labour market conditions in the country, Statistics Canada’s latest employment figures show.

OAKVILLE, Ont. — Algonquin Power & Utilities Corp. says it has signed a deal to sell its renewable energy business to a subsidiary of LS Power for up to US$2.5 billion.

MONTREAL — Saputo Inc. reported a profit of $142 million in its latest quarter as its revenue rose nearly 10 per cent compared with a year ago.

TORONTO — Bell Canada made more than $64 million in gross revenues from calls made by inmates at Ontario jails — at "exorbitant" rates, lawyers allege in a lawsuit — and gave nearly $39 million of that to the province as commission, according to new