National Business

MONTREAL — Air Canada CEO Michael Rousseau has apologized for comments he made about not needing to learn French to get by in Montreal, words that sparked immediate and widespread backlash.

CALGARY — The Canadian Association of Petroleum Producers is looking for a new CEO. The Calgary-based oil and gas lobby group says its current president and CEO, Tim McMillan, will step down this spring.

TORONTO — Canada's main stock index set record highs as strong earnings drove gains by individual companies and the price of gold rose on signs that global central banks are in no hurry to raise interest rates.

Dairy giant Saputo Inc. struggled in its second quarter with sinking profit despite stable revenue as a perfect storm of COVID-19 disruptions, labour shortages and supply chain turmoil weighed on the company's bottom line.

LISBON, Portugal (AP) — Portugal’s president announced Thursday that he is dissolving parliament and calling a snap election for Jan.

TORONTO — Ontario is boosting health spending, investing more in roads and bridges, and phasing out COVID-19 supports as it charts a path out of the pandemic.

TORONTO — Banks and insurers are free to increase dividends, resume share buybacks and raise executive compensation as of Thursday after Canada's financial services regulator lifted the COVID-19-related restrictions.

CALGARY — The chief executive of oil and gas giant Canadian Natural Resources Ltd.

NEWTON, Mass. (AP) — A tiny home in a wealthy Boston suburb has sold after about a month on the market, albeit for far less than the original asking price of almost $450,000.

TORONTO — Canada's big insurers say investment gains and business growth in the third quarter helped offset the costs of weather events and the COVID-19 pandemic. Sun Life Financial Inc. reported underlying net income was up 6.