National Business

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,818.47, up 47.25 points.) Canadian Natural Resources (TSX:CNQ). Energy. Down $1.03, or 1.3 per cent, to $76.40 on 19 million shares.

TORONTO — Led by gains in the technology and industrial sectors, Canada's main stock index set new record highs Friday while U.S. markets enjoyed their best week in more than a year. The positive sentiment followed a hawkish tone from U.S.

SACRAMENTO, Calif. (AP) — California's urban water users and farmers who rely on supplies from state resevoirs will get less than planned this year as fears of a third consecutive dry year become reality, state officials announced Friday.

BILLINGS, Mont.

OTTAWA — Retail sales rose 3.2 per cent to $58.9 billion in January, even with public health restrictions in several parts of the country to deal with the Omicron surge in COVID-19 cases at the start of the year, Statistics Canada said Friday.

Hexo Corp. reported a net loss of $690.3 million as it recorded $616 million in one-time impairment charges in its latest quarter as it worked to turn around the cannabis business. The Gatineau, Que.

The largest minority shareholder in Turquoise Hill Resources Ltd. says an offer by Rio Tinto International Holdings Ltd. to take the miner private is too low.

CALGARY — WestJet Airlines Ltd. is preparing for an "immediate and dramatic" uptick in demand in the wake of the government of Canada's decision to remove pre-entry COVID-19 testing requirements for vaccinated travellers.

TORONTO — Centerra Gold Inc. has temporarily suspended gold doré bar production at its Oksut Mine in Turkey after mercury was detected in part of the processing plant.

MONTREAL — Power Corporation of Canada says it earned record profits last year as net income was flat in the fourth quarter. The Montreal-based holding company said its earnings attributable to shareholders reached $2.