National Business

GUELPH, Ont. — Linamar Corp. says supply chain challenges and labour shortages deteriorated in the fourth quarter to materially hit both revenue and margins.

MONTREAL — Canada's two biggest airlines have cut thousands more flights as COVID-19 continues to surge, miring the sector in uncertainty nearly two years after the pandemic began. WestJet Airlines Inc.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,274.57, down 262.88 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 34 cents, or 0.94 per cent, to $35.77 on 10.7 million shares.

CALGARY — Fuel marketer and convenience store retailer Parkland Corp. says it has reached a deal to acquire M&M Food Market for $322 million.

LONDON (AP) — British Prime Minister Boris Johnson on Tuesday denied misleading Parliament about lockdown-breaching parties, and confirmed he has given an account of events to an inquiry probing alleged violations of coronavirus rules by the governme

TORONTO — Canada's main stock index closed down 1.2 per cent Tuesday as part of a broad selloff caused by surging bond yields that also pushed U.S. stock markets down. The S&P/TSX composite index closed down 262.88 points at 21,274.

TORONTO — Another year, another Netflix price increase.

PRINCE RUPERT, B.C. — Port officials in Prince Rupert, B.C., say 2021 was a difficult year as cargo volumes fell, but they are optimistic about a strong recovery.

CALGARY — The chief executive of Suncor Energy Inc. says the company must do more to improve workplace safety after a truck crash earlier this month resulted in the death of a contractor at the company's Base Mine site near Fort McMurray, Alta.

TORONTO — The "meme stock" phenomenon of early 2021, which saw social media-based investors push back against Wall Street by piling into stocks such as GameStop and BlackBerry, gave Marius Zoican an idea.