National Business

OTTAWA — As members of Parliament accuse Bell Canada of corporate greed, the head of the company is defending its decision to cut thousands of jobs, citing a shift in Canadians' viewing habits away from traditional TV.

TORONTO — Manulife Financial Corp. says Katy Boshart will take on the role of CEO at Manulife Bank of Canada starting next week. Boshart comes to the firm from TD Bank, where she most recently led its customer engagement platforms division.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (22,110.11, down 89.02 points): Toronto-Dominion Bank. (TSX:TD). Finance. Up 30 cents, or 0.38 per cent, to $79.06 on 11.

TORONTO — Canada's main stock index moved down Thursday, led lower by weakness in energy and industrial stocks, while U.S. markets were mixed but largely positive as tech stocks rose.

TORONTO — Three in four Canadians who don't own a property say buying a home feels out of reach, a new poll shows.

A lawyer for one of three men on trial for their roles in the border blockade at Coutts, Alta., argued Thursday his client was nothing more than a messenger.

NEW YORK (AP) — Jumps for Big Tech stocks helped U.S. stock indexes claw back much of their slide from the day before, when worries that interest rates may stay high for a while rocked Wall Street. The S&P 500 rose 0.7% Thursday.

Loblaw Cos. Ltd. is launching low-cost cellphone plans under its No Name brand, offering prepaid mobile sim cards for purchase at all No Frills locations across the country within the coming weeks.

TORONTO — Royal Bank of Canada faced a steady stream of questions about the bank's climate and Indigenous rights track record at its annual general meeting Thursday.

VICTORIA — British Columbia is proposing legal changes that would allow the government to regulate the supply of electricity to cryptocurrency miners.