National Business

OTTAWA — Canada's environment commissioner says action by the federal banking regulator on climate change is overdue and now urgent.

TORONTO — BMO says it has named Darrel Hackett as head of the bank's U.S. operations as the current lead Dave Casper is set to retire. The bank says that as of June 1, Hackett will be U.S.

VANCOUVER — Sumitomo Metal Mining Co. Ltd., a key shareholder at Teck Resources Ltd., will vote in favour of the company's plan to separate its metals and steelmaking coal operations into two companies.

LOS ANGELES (AP) — The spring homebuying season in the U.S. is off to a tepid start as buyers contend with sharply higher mortgage rates and near historic-low inventory of properties on the market. Existing U.S. home sales fell 2.

TORONTO — Shareholders looking for an update on TD Bank Group's US$13.4 billion takeover of First Horizon Corp. were left with few answers at the bank's annual meeting Thursday. Facing numerous questions about the deal after U.S.

KAMLOOPS, B.C. — Electricity has been restored to nearly 4,000 homes and businesses in Kamloops, B.C., after a rapidly spreading grass fire swept through an area not far from the city centre.

As more Canadians enter common-law relationships, experts are encouraging young couples to educate themselves on the tax implications.

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week but remains low by historic standards. U.S. jobless claims rose by 5,000 to 245,000, the Labor Department reported Thursday.

Canada's industry minister is calling on the country's major telecom companies to come to an agreement over wireless service in Toronto's subway system.

REGINA — Canada’s only rare earths mining company is pausing all construction at its Saskatoon processing facility.