National Business

MISSISSAUGA, Ont. — The head of Maple Leaf Foods Inc. said he's confident in the future of the companyas he hands the reins of the protein producer to current president and chief operating officer Curtis Frank.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (81.70, down 20,417.61): PetroTal Corp. (TSX:TAL). Energy. Up three cents, or 4.11 per cent, to 76 cents on 21.3 million shares.

ST. JOHN'S, N.L. — Crab fishers and processors have once again locked horns in Newfoundland and Labrador, prolonging a bitter standoff in the province's lucrative snow crab fishery.

TORONTO — Canada's main stock index was down more than 80 points Thursday, led by losses in energy and metals, while U.S. markets were mixed after key data releases showed the economy continues to slow. The S&P/TSX composite index was down 81.

MONTREAL — The National Airlines Council has released a report calling on Ottawa to implement "shared accountability" in aviation, with the goal of smoother travel — and across-the-board responsibility for flight disruptions.

TORONTO — Bank of Nova Scotia has been fined US$22.5 million by two U.S. agencies for violations related to employee use of unapproved communication methods including text messages and WhatsApp.

NEW YORK (AP) — Wall Street slipped, sending the S&P 500 down 0.2%. Disney was one of the heaviest forces dragging the market lower on Thursday after it lost streaming subscribers during the latest quarter.

CALGARY — The CEO of Canadian fertilizer giant Nutrien Ltd. said Thursday the company may consider slowing down its previously announced plan to ramp up potash production, as falling prices and lower sales volumes take a bite out of profits.

KYIV, Ukraine (AP) — President Volodymyr Zelenskyy said in remarks broadcast Thursday that Kyiv is delaying its long-awaited counteroffensive against Russia’s occupying forces because Ukraine lacks enough Western weapons to succeed without suffering

OTTAWA — The Department of Finance says the grocery rebate the Liberals promised in this year's federal budget will be extended to eligible Canadians on July 5. That confirmation comes after Parliament passed legislation on the measure this week.