National Business

TORONTO — North American markets ended the last trading day of July on a high note, with Canada's main stock index up over 200 points and U.S. markets all in the green. The S&P/TSX composite index closed up 236.21 points at 19,692.

MONTREAL — Transat AT Inc. has secured another emergency loan from Ottawa as the tour operator struggles to shore up its balance sheet.

Enbridge Inc. has extended its push into liquefied natural gas as global demand soars, scooping up a stake in a proposed LNG project on the West Coast — even as the projected cost of the venture more than tripled.

Tim Hortons has reached a proposed settlement in multiple class action lawsuits alleging the restaurant's mobile app violated customer privacy, which would see the restaurant offer a free coffee and doughnut to affected users.

CALGARY — Imperial Oil Ltd. CEO Brad Corson said Friday the federal government's strategy to reduce emissions and reach net-zero amounts to overreach from Ottawa.

TORONTO — Magna International Inc. said Friday that COVID-19 lockdowns in China and a stronger U.S. dollar relative to other currencies, particularly the euro, negatively impacted the company's second-quarter results.

Michele Romanow’s startup Clearco is laying off 25 per cent of its workforce and says it is considering “strategic options” for its international operations.

MONTREAL — TFI International is reporting a major earnings boost in its latest quarter, with revenues up by nearly a third and adjusted profits rising more than three-quarters.

WASHINGTON (AP) — Inflation surged in June and workers' average wages accelerated in the spring — signs that Americans won't likely feel any relief from rising prices anytime soon and that the Federal Reserve will feel compelled to further raise borr

OTTAWA — The federal government posted a surplus of $5.3 billion for the first two months of the 2022-23 fiscal year. In its monthly fiscal monitor report, the Finance Department says the tally compared with a deficit of $23.