National Business

TORONTO — An ambitious plan for a high-tech neighbourhood on Toronto's waterfront has been shelved after Google affiliate Sidewalk Labs walked away from the project, citing "unprecedented economic uncertainty.

MONTREAL — Aldo Group Inc. says it is filing for creditor protection, stating that it plans to restructure the business as it reels from the hit brought on by COVID-19.

The president of the Spanish league wants the Premier League to consider the “damage” that Saudi Arabia's pirating of broadcasts has caused the sport before it decides whether to approve a takeover of Newcastle by the country's sovereign wealth fund.

CALGARY — Enbridge Inc. stock rose Thursday after it reported a $1.

VANCOUVER — Telus Corp. won't be raising its dividend until at least November because of the uncertain outcomes of the COVID-19 pandemic, chief executive Darren Entwistle told the company's virtual annual meeting Thursday.

CALGARY — Operating costs and production levels are set to fall at Canadian Natural Resources Ltd.

TOKYO — Japanese video-game maker Nintendo Co. scored a 33% jump in annual profit, as people stuck at home turn to playing games.

MONTREAL — BCE Inc. executives said Thursday that they are beginning to see early signs that customers are getting ready to emerge from COVID-19 restrictions and Bell Canada is in good position to respond.

AURORA, Ont. — Magna International Inc. says its first quarter earnings were down significantly from last year as the company was hit by factory shutdowns across its global operations. The autoparts maker, which reports in U.S.

TORONTO — Canadian Tire Corp. Ltd. reported a loss in its latest quarter as sales fell due to the steps taken to slow the spread of COVID-19, including the temporary closure of its SportChek and Mark's stores.