National Business

SACRAMENTO, Calif.

Canada’s main stock index climbed more than 150 points Friday to close out the first quarter of the year in positive territory in spite of this month’s Silicon Valley Bank-related market turmoil. The S&P/TSX composite index was up 158.

NEW YORK (AP) — Stocks rallied on Wall Street and closed out a winning March despite a long list of worries for investors. The S&P 500 gained 1.4% Friday and rose 3.5% for the month, with tech stocks leading the way.

OTTAWA — A Liberal government bill that would require online streaming services to contribute to Canadian content is one step closer to passing after the House of Commons approved most of the Senate's amendments to the proposed legislation.

MONTREAL — The union representing WestJet pilots will launch a strike authorization vote Monday as contract talks with management drag on, the Air Line Pilots Association said Friday.

WASHINGTON (AP) — The Federal Reserve's favored inflation gauge slowed sharply last month, an encouraging sign in the Fed's yearlong effort to cool price pressures through steadily higher interest rates.

TORONTO — Rogers Communications Inc.'s proposed $26-billion purchase of Shaw Communications Inc.

CALGARY — Enbridge Inc. says it has signed a letter of intent with Yara Clean Ammonia to jointly develop a blue ammonia production facility at the Enbridge Ingleside Energy Centre near Corpus Christi, Texas.

OTTAWA — Economic growth resumed in January and came in better than first expected following a small contraction in December, Statistics Canada said Friday. Real gross domestic product rose 0.

Rogers Communications Inc's $26-billion takeover of Shaw Communications Inc. cleared the last regulatory hurdle Friday, more than two years after the deal was first announced.