National Business

OTTAWA — A senior official at the Bank of Canada says any digital currency the central bank may offer in the future would be more environmentally friendly than Bitcoin and other rivals.

Canadian National Railway Co. says it has made a pre-emptive move to address competition concerns from the U.S. regulator by agreeing to sell Kansas City Southern's line between New Orleans and Baton Rouge.

CALGARY — Suncor Energy Inc. has become the latest major oil company to commit to achieving net zero carbon emissions by 2050.

The head of Canada's largest telecommunications company said Wednesday that he's hopeful that a revised CRTC decision on wholesale internet rates this week will be more favourable to network owners.

HALIFAX — The Nova Scotia company planning to build Canada's first commercial spaceport announced on Wednesday some of the firms it has chosen to design and construct its proposed launch pad.

NEW YORK (AP) — Online shopping giant Amazon is buying MGM, the movie and TV studio behind James Bond, “Legally Blonde" and “Shark Tank," with the hopes of filling its video streaming service with more stuff to watch. Amazon is paying $8.

SAN JOSE, Calif. (AP) — An assailant opened fire Wednesday at a California railyard serving Silicon Valley, killing eight people. The suspect was also dead, authorities said.

Siemens Mobility is beefing up its domestic capabilities to better compete for the many mass transit projects that Canadian governments are planning to fund over the next decade.

TORONTO — BMO Financial Group says recent changes to mortgage stress test rules and the cooling of prices and sales in some regions may moderate the country's housing market.

ROME (AP) — Police arrested three people Wednesday in the cable car disaster that killed 14 people in northern Italy, saying workers placed a clamp on the emergency brake to deactivate it as a patchwork repair - one that prevented the brake from enga