National Business

WINNIPEG — WestJet is to start new direct flights between Winnipeg and Atlanta in September with a financial backstop from the Manitoba government.

TORONTO — The chief executive of one of the country's most prominent commercial landlords says retail occupancy levels and rent rates are ticking up even as many storefronts across Canada sit empty.

TORONTO — Shareholders of Onex Corp. have approved a change to its multiple-voting shares that will allow Gerry Schwartz to retain voting control of the company for another three years even as he officially steps down as chief executive.

OTTAWA — The total number of insolvencies in Canada in March was up 28.3 per cent compared with the same month last year as both consumer and business insolvencies climbed higher.

The number of Americans filing for unemployment benefits last week rose to its highest level in a year-and-a-half, though jobs remain plentiful by historical standards even as companies cut costs as the economy slows.

Kelly Ho knows the importance of planning ahead — it's literally in her job description. But this year, as summer camp registration opened up, the financial planner and mom of two was travelling for work.

VANCOUVER — Absolute Software Corp. has signed a deal to be acquired by Crosspoint Capital Partners for US$657 million. Under the agreement, shareholders of the Vancouver-based security software company will receive US$11.50 per share in cash.

WASHINGTON (AP) — The Biden administration proposed new limits Thursday on greenhouse gas emissions from coal- and gas-fired power plants, its most ambitious effort yet to roll back planet-warming pollution from the nation’s second-largest contributo

WASHINGTON (AP) — Wholesale prices in the United States rose modestly last month, the latest sign that inflationary pressures may be easing more than a year after the Federal Reserve unleashed an aggressive campaign of steadily higher interest rates.

TORONTO — Shares in CI Financial Corp. soared after it announced a deal to sell a 20 per cent stake in its U.S. wealth management business to a group of institutional investors for about $1.34 billion. Shares in the company were up $5.