National Business

CALGARY — The Canada Infrastructure Bank is making its first investment in low-carbon fuels, committing $277 million to a biofuels facility under construction in Varennes, Que.

TORONTO — Dye & Durham Ltd. says it is considering spinning out its TM Group business in addition to a possible sale after agreeing with the United Kingdom's competition regulator last year that it would dispose of the business.

TORONTO — Onex Corp. says it is shortening the proposed sunset provision for its multiple-voting shares to three years from its initial plan for five.

RIYADH, Saudi Arabia (AP) — Saudi Arabia's state-owned oil giant Aramco will invest billions of dollars in China's downstream petrochemicals industry, including the construction of a new refinery, the company said in deals announced Sunday and Monday

SASKATOON — Cameco Corp. says it expects to receive a refund of about $300 million after the Canada Revenue Agency issued revised reassessments for the 2007 through 2013 tax years.

Lettuce prices are likely to rise next month and could stay high into the summer, agriculture experts say, as flooding in a key California farming area becomes the latest example of extreme weather’s effect on the food chain.

DUBAI, United Arab Emirates (AP) — The chairman of Saudi National Bank resigned for “personal reasons” after his comments on Credit Suisse sent that firm's stock cratering, a regulatory filing in the kingdom said Monday.

WASHINGTON — The federal Liberals aren't the only ones declaring U.S. President Joe Biden's visit to Ottawa a triumph for Canada-U.S. relations: Washington's envoy, too, described it Friday as an "overarching success.

KYIV, Ukraine (AP) — Ukraine's government on Sunday called for an emergency meeting of the U.N.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Budget day Finance Minister Chrystia Freeland will deliver the federal government's budget on Tuesday.