National Business

TORONTO — A broad rally pushed Canada's main stock index up more than 200 points as the energy and materials sectors gained on strong quarterly reports from key players. Energy increased 3.

NEW YORK (AP) — The CEO of Macmillan Publishers, Don Weisberg, will step down at the end of the year. Jon Yaged, currently the company's president, will succeed him.

Nutrien Ltd. has significantly hiked its earnings forecast for the year after announcing a record first quarter profit driven by surging commodity prices and concerns about global food security due to Russia's invasion of Ukraine.

TORONTO — The intensity and persistence of supply chain disruptions that have helped fuel the rising cost of living have surprised the Bank of Canada, a senior bank official said Tuesday.

VAUGHAN, Ont. — Beleaguered cannabis company CannTrust Equity Inc. has been renamed Phoena Holdings Inc.

VANCOUVER — Canfor Corp. is reporting a 25 per cent increase in net profits in its latest quarter on near record high North American lumber prices that also boosted revenues. The Vancouver-based company said it earned $534 million of $4.

Jennifer Woodfine is constantly wondering whether she should use any extra money to pay down her mortgage faster, or put it towards retirement savings instead.

In one of the surest signs Canadian workers are returning to downtown offices, Tim Hortons says sales at its "super urban" restaurants are rebounding to near pre-pandemic levels.

MONTREAL — Molson Coors Beverage Co. says its profits soared in the first quarter for its largest quarterly sales growth in more than a decade. The Colorado and Montreal-based company, which reports in U.S. dollars, says it earned US$151.

MONTREAL — A unionization campaign is underway at an Amazon warehouse in Montreal as one of North America's largest employers stares down more labour drives — with only one successful so far.