National Business

TORONTO — Canada's main stock index closed down more than 100 points Wednesday as rising recessionary fears weighed on markets, while U.S. stock markets put in a mixed showing. The S&P/TSX composite index ended down 116.21 points at 20,159.

Galen Weston took in $8.4 million in total compensation in the 2022 fiscal year in his role at the head of Loblaw Companies Ltd.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,159.55, down 116.21): TC Energy Corp. (TSX:TRP). Energy. Up 79 cents, or 1.47 per cent, to $54.56 on 12.5 million shares.

TORONTO — Canada is poised to play a big role in global food production as climate change makes farming more difficult and the world’s food supply chain is rendered fragile by political and economic uncertainty, said Nutrien CEO Ken Seitz.

TORONTO — Canada's oil and gas sector is hopeful the federal government will live up to its budget-day pledge to speed up the time it takes to build major infrastructure projects.

TORONTO — Complaints about Canada's telecommunications companies were up 12 per cent from a year ago, while a service outage at Rogers Communications last summer helped make the company the most complained-about provider for the first time, according

OTTAWA — Canada's merchandise trade surplus fell to $422 million in February as exports fell more than imports. Statistics Canada said Wednesday the result compared with a revised surplus of $1.2 billion for January.

SAN FRANCISCO (AP) — A federal jury has awarded nearly $3.

TORONTO — The Toronto Regional Real Estate Board says competition between buyers started to re-emerge last month as the average home price in the area ticked above the average list price for the first time since May 2022.

BRUSSELS (AP) — U.S. Secretary of State Antony Blinken said Wednesday he has “no doubt” that Russia has wrongfully detained an American reporter for The Wall Street Journal who was arrested last week on spying allegations.