National Business

ST. JOHN'S, N.L. — Power was restored Wednesday to two iron-ore mines and a small community in western Labrador after a ferocious wildfire jumped across a river and advanced quickly toward Churchill Falls, which is home to a massive power plant.

Canada’s main stock index stayed nearly flat Wednesday as shares bobbed along in what one portfolio manager calls a “floating pattern.” The S&P/TSX composite index crept up 5.42 points to 21,793.

CALGARY — A company that aims to develop the lithium that occurs naturally within Alberta's oilfield brines has pegged the estimated capital cost of its proposed Clearwater project at $2.47 billion.

Stocks drifted to a mixed close near the all-time highs they set last week. The S&P 500 index edged up 0.2% Wednesday. The Nasdaq composite rose 0.5%, and the Dow Jones Industrial Average edged up less than 0.1%.

CALGARY — Shell Canada is going ahead with its Polaris carbon capture project in Alberta.

HALIFAX — The federal government will help fund major renovations to the section of the Halifax airport where international travelers transfer to Canadian flights.

OTTAWA — Payments Canada says it has named Susan Hawkins as president and CEO of the organization as it works to finish a long-delayed upgrade to its financial system.

Fanatics and the NHL on Wednesday unveiled new on-ice player jerseys for the 2024-25 season, which officials say have been tested and refined well before making their debut in games this fall.

Canada's largest convenience store chain may soon grow again. Alimentation Couche-Tard Inc. said Wednesday it has several potential acquisitions on its radar.

WASHINGTON (AP) — The Supreme Court on Wednesday sided with the Biden administration in a dispute with Republican-led states over how far the federal government can go to combat controversial social media posts on topics including COVID-19 and electi