National Business

TORONTO — Global supply chain problems won't leave Canadian Tire Corp. Ltd. shelves bare this holiday season, the retailer said Thursday, as it detailed how it has successfully coped with issues stymying competitors.

KINGSEY FALLS, Que. — Cascades Inc. reported a third-quarter profit of $32 million, down $49 million a year ago, as its sales edged higher.

TORONTO — Brookfield Asset Management Inc. reported its third-quarter more than quadrupled compared with a year ago, boosted by continued growth and investment performance across its business.

HIGH RIVER, Alta. — The union representing workers at one of the largest beef processing plants in Canada has given strike notice.

MONTREAL — Power Corp. beat expectations as its net profit attributable to shareholders surged nearly 47 per cent to $741 million in its latest quarter. The Montreal-based holding company says it earned $1.

TORONTO — Mining company Kinross Gold Corp. reported weaker results in its latest quarter as gold production and sales fell by nearly 20 per cent from the prior year following a fire at its Tasiast mill in West Africa in June.

MONTREAL — The US$1-trillion infrastructure package passed by Congress on Friday marks a boon for WSP Global Inc., says the CEO of the Montreal-based engineering firm.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,461.93, down 132.59 points.) Harte Gold Corp. (TSX:HRT). Materials. Down one cent, or 33.33 per cent, to two cents on 14.

TORONTO — North American stock markets sank midweek as the hottest U.S. inflation numbers in more than 30 years had investors worrying that central banks will speed up interest rate hikes. The S&P/TSX composite index closed down 132.

WASHINGTON (AP) — A worsening surge of inflation for such bedrock necessities as food, rent, autos and heating oil is setting Americans up for a financially difficult Thanksgiving and holiday shopping season. Prices for U.S. consumers jumped 6.