National Business

VANCOUVER — As Telus Corp. accelerates investments into its 5G network, CEO Darren Entwistle expects commercialization to take time while the company focuses on developing the right product services and applications.

CARSON CITY, Nev. (AP) — Nevada and its casinos have rescinded requirements for people to wear masks in public, joining most other U.S. states lifting restrictions that were imposed to limit the spread of the coronavirus. Democratic Gov.

Saputo Inc. reported its third-quarter profit fell compared with a year ago as it said it confronted challenging market conditions. The Montreal-based dairy company says it faced labour shortages, supply chain disruptions and inflationary pressures.

MONTREAL — Bombardier Inc. plans to ramp up production over the next two years amid rising demand for private planes, as the business jet manufacturer tests how far it can push capacity.

TORONTO — RioCan Real Estate Investment Trust is "pruning" its tenant mix to ensure malls and other retail spaces it owns are filled with resilient businesses that are best positioned to weather any further COVID-19 upheaval.

TORONTO — After racking up debt through years of ultralow interest rates, Canadians are being urged to modify their spending as they face the prospect of rising borrowing costs coupled with soaring inflation.

TORONTO — Canada Goose Holdings Inc. has reduced its forecast for the year as new COVID-19 variant outbreaks and restrictions send a chill over the luxury parka maker's profit and revenue expectations.

WASHINGTON (AP) — The number of Americans applying for unemployment benefits declined for the third straight week. Jobless claims fell by 16,000 to 223,000 last week, from 239,000 the previous week, the Labor Department reported Thursday.

TORONTO — Brookfield Asset Management Inc. raised its dividend as it reported its fourth-quarter profit rose compared with a year earlier. The alternative asset manager, which keeps its books in U.S.

TORONTO — Manulife Financial Corp. says it earned record profits last year as fourth-quarter net income increased 17 per cent to $2.08 billion.