National Business

TORONTO — Canada's main stock index climbed slightly higher, helped by gains in the energy sector as the price of oil hit its highest level in 11 months. West Texas Intermediate climbed above US$53 a barrel. "It's really a remarkable move.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,985.80, up 51.35 points.) Toronto-Dominion Bank. (TSX:TD). Financials. Up 60 cents, or 0.81 per cent, to $74.80 on 14.

TORONTO — Starbucks says its plan to close up to 300 coffee shops across Canada will be complete by the end of March.

APPLETON, N.L. — Newfoundland and Labrador's aging population has turned a seniors' discount on property taxes into a financial burden for the tiny town of Appleton.

Josephine DiMaurizio’s third year of geology studies at Queen's University in Kingston, Ont., was meant to be full of hands-on course work, with multiple large field trips and days in the lab.

TEL AVIV, Israel — Israeli Prime Minister Benjamin Netanyahu on Tuesday mourned the passing of U.S. casino magnate Sheldon Adelson, one of Netanyahu’s staunchest American supporters, lauding his efforts to bolster ties between the U.S.

MONTREAL — Canada's airlines welcomed the appointment of Omar Alghabra as the new federal minister of transport in a statement that emphasized the industry's continued challenges.

TORONTO — Corus Entertainment Inc. expects to post a recovery later in 2021 after beating analyst expectations in the first quarter despite lower profits and revenues.

DETROIT — The market for battery-powered delivery vehicles and equipment has so much potential that General Motors is forming a new business unit to serve it, a move that lifted the automaker’s stock to a multiyear high.

CALGARY — Kirkland Lake Gold Ltd. is reporting full-year 2020 gold output of 1.37 million ounces, a 41 per cent increase from 2019 and in line with guidance. The increase in production was driven largely by the all-stock $4.