National Business

Consumer habits have changed but wine is still in the future

MONTREAL — Federal loans to Transat A.T. Inc. cost the tour operator's CEO nearly half a million dollars in compensation last year, thanks to conditions on the pandemic funding.

JACKSON, Miss.

OTTAWA — More than five years after cannabis was legalized in Canada, the government has released its final report of the legislative review of the Cannabis Act.

VANCOUVER — Lululemon Athletica Inc. says it earned US$669.5 million in its fourth quarter, up from US$119.8 million a year earlier. The Vancouver-based clothing company's revenues for the fourth quarter were US$3.2 billion, up from US$2.

CALGARY — A consortium of Canada's largest oilsands companies will submit an application before the end of the week for approval of its proposed $16.5-billion carbon capture pipeline project.

TORONTO — The City of Toronto has given Rogers Communications Inc. the green light to set up cameras and sensors at five downtown intersections that will track the movement of vehicles, pedestrians and cyclists with the aim of alleviating gridlock.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (22,087.26, up 41.55 points): TC Energy Corp. (TSX:TRP). Energy. Up 62 cents, or 1.15 per cent, to $54.66 on 13.6 million shares.

The head of Alimentation Couche-Tard Inc. says lower-income consumers feeling "strained" by economic headwinds are cutting back on how often they visit the chain's convenience stores.

Canada's competition watchdog is urging Ottawa to adopt an open banking framework that would ease the barriers to switching institutions and boost competition in the financial sector.