National Business

MONTREAL — Lion Electric announced Friday it's temporarily laying off around 150 workers in Canada and the U.S., in the context of its ongoing proceedings under the Companies' Creditors Arrangement Act (CCAA).

Greater Vancouver home sales rose 31.2 per cent on a year-over-year basis in December, capping a "pivot year" for the market that saw the number of homes changing hands in the region tick higher.

The Biden administration released long-awaited final rules Friday for a tax credit that will send billions of dollars to producers of cleaner hydrogen.

TORONTO — The Canada Pension Plan Investment Board says it is selling its stake in a logistics investment partnership it established with Australia's Goodman Group. CPP Investments says it will realize about US$2.

Sarah Bauer woke up to a shaking house. She thought maybe an earthquake had struck near her home in Torrance, a village in Ontario's cottage country.

Whether it's for a celebration, a gathering or an evening to unwind, Canadians increasingly favour non-alcoholic options over beer, wine and spirits.

TORONTO — Broad-based gains led Canada's main stock index higher Friday in late-morning trading, while U.S. stock markets also rose. The S&P/TSX composite index was up 122.10 points at 25,020.13.

NEW YORK (AP) — The S&P 500 may be heading for its first gain since Christmas. The main gauge of Wall Street’s health rose 0.5% in early trading Friday and was on track to break a five-day losing streak.

WASHINGTON (AP) — President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his vow in March to block the acquisition. “We need major U.S.

CHARLOTTETOWN — Anna Keenan likes to keep up with public transit trends. The City of Charlottetown's sustainable transportation officer said she learned on Instagram of a new way students are travelling to school: a bike bus.