National Business

MONTREAL — Dollarama Inc. enjoyed a 21 per cent year-over-year jump in sales in its latest quarter as the discount retailer scooped up consumers seeking cheaper products amid high inflation.

OTTAWA — The Bank of Canada raised its key interest rate target by a quarter of a percentage point to 4.75 per cent on Wednesday, the first raise since it announced a pause in January.

Lala Kent would like to thank her “Vanderpump Rules” co-stars Tom Sandoval and Raquel Leviss. Since their secret monthslong affair — dubbed “Scandoval” — went public in early March, the Bravo reality show’s heat meter has skyrocketed.

Shopify Inc. says it wants to push back against the trend of companies filing hundreds of patent infringement lawsuits against businesses every year, and is waging a court battle to make its point.

OTTAWA — Canada merchandise trade surplus increased to $1.9 billion in April, helped by higher exports of gold, oil and cars and light trucks, Statistics Canada said Wednesday. The result followed a revised surplus of $231 million in March.

TORONTO — Tim Hortons is launching a credit card that can be used through its mobile app, the latest move into an increasingly competitive rewards space.

LONDON (AP) — A marketing campaign by oil major Shell has been banned by the U.K.

The PGA Tour abruptly dropped its expensive fight with Saudi Arabia’s LIV Golf venture on Tuesday and instead announced a stunning merger that creates a global operation featuring the world’s top players backed by the Saudis' massive wealth.

VANCOUVER — A global trade analyst says a potential strike for more than 7,000 terminal cargo movers in ports throughout British Columbia could have dire consequences for not only the Canadian economy, but globally as well.

OSHAWA, Ont. — General Motors says it's investing $280 million in its Oshawa assembly plant to produce its next generation of full-sized internal combustion engine pickup trucks.