National Business

PORT HAWKESBURY, N.S. — The federal government is backing a massive wind-powered hydrogen project in Nova Scotia with a $125-million loan. Sean Fraser, federal minister of housing, infrastructure and communities, was in Port Hawkesbury, N.S.

DETROIT (AP) — Members of the United Auto Workers union were close to approving contract agreements with Stellantis and Ford on Friday with voting at both companies overwhelmingly in favor and only a few factories yet to cast ballots.

BCE Inc. is seeking to appeal a regulatory decision that will allow independent companies to sell internet services to their customers using its fibre network in Ontario and Quebec, saying it is at risk of suffering irreparable harm.

CALGARY — Canadian Pacific Kansas City Ltd. says it's untroubled by a draft decree from Mexico's president that would require freight railways to allow passenger service on their tracks.

SMITHS FALLS, Ont. — Canopy Growth Corp. says an Ontario court has approved the sale of its BioSteel sports drink business in a pair of deals. Financial terms of the agreements were not immediately available.

NEW YORK (AP) — Workers at more than 200 U.S. Starbucks locations walked off the job Thursday in what organizers said was the largest strike yet in the 2-year-old effort to unionize the company’s stores.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,053.07, down 4.82 points): Suncor Energy Inc. (TSX:SU). Energy. Down $1.06, or 2.32 per cent, to $44.57 on 14.1 million shares.

MONTREAL — Demand for air travel may be levelling off after climbing close to pre-pandemic levels over the summer, as the rising cost of living weighs on Canadians' wallets.

TORONTO — Canada's main index lost a handful of points Thursday, weighed down by weakness in energy and base metal stocks, while U.S. markets were mixed. The S&P/TSX composite index closed down 4.82 points at 20,053.07.

NEW YORK (AP) — Stocks drifted to a mixed close as momentum stalled following Wall Street’s hot first half of November. The S&P 500 rose 0.1% Thursday. The Dow slipped 45 points, and the Nasdaq composite rose less than 0.1%.