National Business

The head of Cineplex Inc. is doubling down on video arcades as he looks to top up revenues amid the unsteady return of audiences to theatres. Box office revenue at the country's largest cinema owner rose one per cent year over year to $125.

CALGARY — Pathways Alliance says former MEG Energy president and CEO Derek Evans is its new executive chair.

CALGARY — Pembina Pipeline Corp. says it earned $439 million in the first quarter, up from $369 million a year earlier. The Calgary-based company says its revenue for the quarter ended March 31 was $1.54 billion, down from $1.

Improved mine automation helped fertilizer giant Nutrien Ltd. increase potash production in the first quarter amid strong demand for its products, the company’s chief executive said.

OTTAWA — Prominent business groups have backtracked their claim that one in five Canadians would be affected by the federal government's proposed changes to capital gains taxation.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (22,375.83, up 116.67 points): Enbridge Inc. (TSX:ENB). Energy. Down one cent, or 0.02 per cent, to $51.14 on 12.3 million shares.

TORONTO — Canada's main stock index rose to a new record high, led by strength in energy, telecom and base metals, while U.S. markets also moved higher. The S&P/TSX composite index closed up 116.67 points at 22,375.83.

MONTREAL — WSP Global expects to continue its acquisition spree after snapping up several more companies in the first part of the year.

VICTORIA — Police are involved in the investigation into a sophisticated attempt to breach protected British Columbia government information systems, Solicitor General Mike Farnworth said Thursday. But Farnworth, who is also B.C.

NEW YORK (AP) — U.S. stocks rose to pull the S&P 500 back within 1% of its record following a rough April. The index climbed 0.5% Thursday. The Dow Jones Industrial Average rose 0.8%, and the Nasdaq composite gained 0.3%.