National Business

WASHINGTON (AP) — The Environmental Protection Agency on Thursday terminated a $7 billion grant program that was intended to help pay for residential solar projects for more than 900,000 lower-income U.S. households.

MISSISSAUGA — Maple Leaf Foods Inc. reported its second-quarter profit of $57.8 million, compared with a loss of $26.2 million a year ago.

MONTREAL — Quebecor Inc.'s cellphone towers are not for sale as its chief executive says the company has no intention of selling them off in the future.

TORONTO — Big-screen heavyweights are all over the small-screen lineup at the Toronto International Film Festival, which will preview new shows from Jude Law, Jason Bateman, Toni Collette, Ethan Hawke and Mae Martin.

LONDON (AP) — The Bank of England cut its main interest rate Thursday by a quarter percentage point to 4%, as policy makers seek to bolster the sluggish U.K. economy.

CALGARY — Canadian Natural Resources Ltd. says its acquisition strategy is focused on cash flow as it closed multiple purchases in recent months and reported profits rose in the second quarter.

The chief executive of Restaurant Brands International Inc. says he's seeing a rebound in consumer confidence after a slower start to the year.

Pipeline operator South Bow Corp. says it expects an in-depth report out in September on a recent pipeline leak, but so far it doesn't see it indicating wider problems on its Keystone pipeline.

MONTREAL — WSP Global Inc. saw its second-quarter revenue and earnings climb as the company experienced strong acquisition growth. The Montreal-based engineering firm said its net earnings attributable to shareholders reached $279.

MONTREAL — Montreal-area home sales rose 9.7 per cent in July compared with the same month a year ago, as the region saw its highest level of transactional activity for the month since 2021.