National Business

MONTREAL — Canada's two biggest airlines have cut thousands more flights as COVID-19 continues to surge, miring the sector in uncertainty nearly two years after the pandemic began. WestJet Airlines Inc.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,274.57, down 262.88 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 34 cents, or 0.94 per cent, to $35.77 on 10.7 million shares.

CALGARY — Fuel marketer and convenience store retailer Parkland Corp. says it has reached a deal to acquire M&M Food Market for $322 million.

LONDON (AP) — British Prime Minister Boris Johnson on Tuesday denied misleading Parliament about lockdown-breaching parties, and confirmed he has given an account of events to an inquiry probing alleged violations of coronavirus rules by the governme

TORONTO — Canada's main stock index closed down 1.2 per cent Tuesday as part of a broad selloff caused by surging bond yields that also pushed U.S. stock markets down. The S&P/TSX composite index closed down 262.88 points at 21,274.

TORONTO — Another year, another Netflix price increase.

PRINCE RUPERT, B.C. — Port officials in Prince Rupert, B.C., say 2021 was a difficult year as cargo volumes fell, but they are optimistic about a strong recovery.

CALGARY — The chief executive of Suncor Energy Inc. says the company must do more to improve workplace safety after a truck crash earlier this month resulted in the death of a contractor at the company's Base Mine site near Fort McMurray, Alta.

TORONTO — The "meme stock" phenomenon of early 2021, which saw social media-based investors push back against Wall Street by piling into stocks such as GameStop and BlackBerry, gave Marius Zoican an idea.

Grocery stores are struggling with rising labour and product shortages that could threaten Canada's food security, experts say.