National Business

TORONTO — A dip in bond yields prompted a strong rebound in the technology sector and drove Canada's main stock index to record highs.

HALIFAX — The Nova Scotia legislature began its first full sitting since the onset of the pandemic with a throne speech Tuesday that pledged a COVID-19 recovery review to ensure government programs meet public needs.

CALGARY — Mining industry insiders say opportunities for Canada are rising with world demand, technical advances and political support for electric vehicles.

HALIFAX — An apartment building in downtown Halifax that was under construction when a crane fell on it during post-tropical storm Dorian has been renamed after the disaster that made it famous.

BuzzFeed is closing HuffPost Canada's operations and laying off 23 workers as part of a broad restructuring plan for the company, the U.S. digital media company said Tuesday.

CHARLOTTETOWN — Prince Edward Island's auditor general warned about the province's debt as he tabled his annual report today in the legislature. Darren Noonan says the province's net debt increased by $81.5 million, for a total of $2.

MILAN — Russia has signed a deal to produce its Sputnik V coronavirus vaccine in Italy, the first contract in the European Union, the Italian Russian Chamber of Commerce announced Tuesday.

CALGARY — A hostile takeover offer by Brookfield Infrastructure Partners LP that values Inter Pipeline Ltd. at $7.1 billion has been officially rejected by the target company.

TORONTO — Royal Bank of Canada chief executive David McKay said Tuesday he foresees inflationary pressure building in the economy as it rebounds from the COVID-19 pandemic.

CALGARY — The Canada Energy Regulator is inviting public comment on a request by the operator of the Trans Mountain pipeline to protect the identity of its insurers, with the comment period extending beyond the requested deadline.