National Business

EDMONTON — The federal government delivered nearly $10 million Tuesday to support Alberta's growing hydrogen industry as the province continues to accuse Ottawa of wanting to shut down jobs in its energy sector.

VICTORIA — The president and CEO of the Insurance Corporation of B.C. is leaving to take on the same job at BC Ferries. The insurance corporation says in a news release that Nicolas Jimenez has been with them for almost 20 years.

TORONTO — Strength in the energy, utility and industrial sectors helped Canada's main stock post a small gain Tuesday despite weakness in metals, while U.S. markets were mixed. The S&P/TSX composite index was up 67.13 points at 20,457.46.

TORONTO — Food inflation outpaced overall inflation for months, with grocery prices hitting double-digit increases in 2022, and economists say it will take longer to subside than overall inflation.

TORONTO — A lawyer for the former president of the Ontario Public Service Employees Union says allegations of financial improprieties in a lawsuit launched by the union are untrue.

NEW YORK — Major U.S. indexes closed mixed on Wall Street at the beginning of a holiday-shortened, but earnings-heavy week. The S&P 500 fell 0.2% Tuesday and the Nasdaq edged up 0.1%. The Dow Jones Industrial Average fell 1.

MONTREAL — Bombardier is set to beat its own financial results expectations for 2022, the company said Tuesday as it released preliminary results.

OTTAWA — Canada's annual inflation rate slowed last month but economists are still expecting the Bank of Canada to hike its key interest rate next week.

DAVOS, Switzerland (AP) — Ukraine’s first lady on Tuesday pressed world leaders and corporate executives at the World Economic Forum’s annual gathering to do more to help her country at a time when Russia's invasion is leaving children dying and the

Lightspeed Commerce Inc. is cutting about 300 jobs as part of a reorganization meant to unify a slew of companies it bought in recent years.