National Business

The number of Americans filing for jobless benefits didn't change last week as the labor market continues to defy efforts by the Federal Reserve to cool hiring.

MONTREAL — The Lion Electric Co. says it's cutting about 120 jobs as part of a plan to reduce costs. The Montreal-based maker of electric trucks and buses says the cuts are mostly Canadian employees in overhead and product development roles.

Solving a longstanding construction worker shortage will be key to boosting housing supply, experts say, as Canada's national housing agency continues to forecast housing start levels that fall short of growing demand.

TORONTO — The federal budget is being met with disdain from Canada's innovation industry, including tech darling Shopify, which called the capital gains measures in the fiscal plan a potential cause of "irreparable harm.

WINNIPEG — Manitoba's Opposition Progressive Conservatives say the NDP government's promise to crack down on rising grocery prices has proven to be an empty threat.

VICTORIA — Emerson the elephant seal is back in Victoria after defying attempts to relocate him and swimming more than 200 kilometres to return to his preferred urban habitat to moult.

The federal government and a consumer rights advocate squared off in court Wednesday over whether regulators misled passengers by encouraging travel credit rather than refunds at the onset of the pandemic.

VANCOUVER — British Columbia is paying up to $300 million in new capital funding to help TransLink, Metro Vancouver's transit provider, add more buses to its fleet.

An engineer at Boeing said Wednesday that the aircraft company, in rushing to produce as many planes as possible, is taking manufacturing shortcuts that could lead to jetliners breaking apart.

OTTAWA — Canada's wealthiest individuals and corporations will soon pay taxes on a larger share of the capital gains they earn, a change that economists say will make the tax system more efficient, despite pushback from business groups.