National Business

As some Canadians are priced out of larger cities and look to move to smaller communities, insurance experts say homebuyers should be aware that life in a small town can often mean higher home insurance premiums.

TORONTO — Phasing out natural gas generation by 2030 would result in rotating blackouts and higher electricity bills, Ontario's electricity system operator said in a report released Thursday concluding that the move isn't possible on that timeline.

CALGARY — Gasoline prices shattered all-time records in many parts of the country this week, just in time for Canadians to hit the highway for the Thanksgiving long weekend.

MISSISSAUGA, Ont. — Ontario wants to permanently give private cannabis retailers the option of offering delivery and curbside pickup. The proposal is part of a wide-ranging bill introduced in the legislature Thursday aimed at reducing red tape.

MISSISSAUGA, Ont. — Walmart Canada says it plans to hire 12,000 permanent new employees to staff its retail stores, warehouses and delivery trucks. The retailer says its hiring spree will include on-the-spot job interviews across the country on Oct.

MONTREAL — Richelieu Hardware Ltd. says its third-quarter profit rose nearly 40 per cent compared with a year ago as sales also climbed higher. The maker of specialty hardware and other products says profit attributable to shareholders was $38.

VANCOUVER — Lululemon Athletica Inc. is joining the booming personalized at-home exercise trend with the launch of Mirror, a large electronic device for streaming workout classes.

Tilray Inc. said it is on track to save at least US$80 million from its merger with Aphria Inc. as it reported a first-quarter loss of US$34.6 million and a revenue increase of 43 per cent compared with a year ago.

A major Hollywood strike could be on the horizon for some 60,000 behind-the-scenes workers in the entertainment industry.

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week, another sign that the U.S. job market and economy continue their steady recovery from last year's coronavirus recession.