National Business

TORONTO — Canada's main stock index had its best day in more than two weeks Wednesday as the energy sector rose and financials was propelled by better-than-expected results from Royal Bank and National Bank.

TORONTO — One of Canada's biggest shopping centre operators is teaming up with ReturnBear, a service that allows shoppers to return items from multiple retailers. Cadillac Fairview Corp. Ltd.

VICTORIA — Camping enthusiasts in British Columbia will be able to book summer campsites in parks across the province starting March 8.

Purolator Inc. is building up capacity at its more remote distribution centers in response to rising demand from consumers who have fled the city in search of more space amid the pandemic.

WASHINGTON — Federal Reserve Chairman Jerome Powell told Congress on Wednesday that the central bank will not start raising interest rates until it believes its goals on maximum employment and inflation have been reached.

CALGARY — The CEO of Crescent Point Energy Corp. says the company is poised to benefit from rising oil prices after two years of transformation through selling assets, cutting debt and reducing costs.

SAN FRANCISCO — A new report from Uber Technologies Inc. says its Canadian drivers and couriers don't think they receive dependable earnings.

SILVER SPRING, Md. — Demand for new homes in the U.S. surged 4.3% in January with the housing market still one of the strongest segments of the economy.

BEIJING — China’s commerce minister appealed to Washington for “joint efforts” to revive trade but gave no indication Wednesday when tariff war talks might resume or whether Beijing might offer concessions.

SAN FRANCISCO — Fry's Electronics, the go-to chain for tech tinkerers looking for an obscure part, is closing for good.