National Business

When wildfires hit Alberta earlier this month, leaving more than 10,000 square kilometres of land scorched so far this year, João Lopes was worried about how much more devastation could be on its way.

WHITEHORSE — The Yukon government says it's working to provide financial support and other help to residents and businesses hurt by ongoing flooding in the Klondike Valley.

TORONTO — Bell Canada president and CEO Mirko Bibic warned Monday that increased regulation in Canada's telecommunications industry could prompt companies to scale back investment and make cuts to service for underserved communities.

BÉCANCOUR, Que. — The governments of Quebec and Canada have announced $300 million in funding for a factory that will make components for electric vehicle batteries in Bécancour, Que., located about halfway between Montreal and Quebec City.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,967.95, up 47.64): Manulife Financial Corp. (TSX:MFC). Finance. Up 13 cents, or 0.51 per cent, to $25.66 on 3.7 million shares.

TORONTO — Canada's main stock index ticked upwards Monday, with broad-based gains led by battery metals and energy stock as U.S. markets were closed for a long weekend south of the border. The S&P/TSX composite index closed up 47.

TORONTO — Last year marked the first time that more than half of investors in newly-completed Greater Toronto Area condos were losing money on their rental properties, and authors of the report that reached that conclusion expect the trend to persist

CALGARY — Crescent Point Energy Corp. said Monday it has resumed production at its operations that were shut in due to the Alberta wildfires.

MADRID (AP) — Spanish Prime Minister Pedro Sánchez on Monday called an early general election for July 23 in a surprise move after his Socialist party took a serious battering in local and regional elections .

TORONTO — When Tara Vanderloo’s employees are mulling leaving her enterprise software company, she wants to be one of the first people they tell — and to hear their unvarnished reasons why.