National Business

Loblaw Companies Ltd. is seeing more participation in its popular PC Optimum loyalty program — and more points being redeemed at checkout.

MONTREAL — The head of TFI International Inc. says its latest quarter was a "disaster" marked by low cargo volumes amid a trucking sector slump, with the first half of 2025 "foggy" at best.

TORONTO — Canada's main stock index lost more than 100 points Thursday, weighed down by losses in technology and industrials, while U.S. stock markets also fell. The S&P/TSX composite index closed down 112.08 points at 25,514.08.

NEW YORK (AP) — Wall Street retreated from its record after a sharp slide for Walmart weighed on U.S. stock indexes. The S&P 500 fell 0.4% Thursday after setting all-time highs in each of the last two days.

Enbridge Energy's plans to build a protective tunnel around an aging pipeline that runs beneath a channel connecting two Great Lakes can continue, a Michigan appeals court ruled.

VANCOUVER — Teck Resources Ltd. says it expects to find other trade routes for some of the metals it refines in B.C. if the U.S. goes ahead with tariffs.

The threat of U.S. tariffs on Canadian energy won't affect planned spending by Cenovus Energy Inc., but the company says such levies may prompt a "rebalancing away from the United States" when it comes to where it ships its oil. U.S.

If the U.S. implements widespread tariffs on Canadian goods, American farmers will be hard-hit as they rely heavily on Canada for inputs like potash, said Nutrien Ltd. CEO Ken Seitz.

Slightly more Americans applied for jobless benefits last week, but layoffs remained in the same recent healthy range. The number of Americans filing for jobless benefits rose by 5,000 to 219,000 for the week ending Feb.

Canadian grocers, large and small, are seeking alternatives to U.S. products ahead of a potential trade war, while highlighting homegrown products already available on their shelves.