National Business

HALIFAX — The current estimate for what has become known as a scaled-down version of the Atlantic Loop electrical grid project is about $700 million, the head of Nova Scotia’s private power utility said Tuesday.

ST. JOHN'S, N.L. — Uber Technologies Inc. says it has brought its ridesharing platform to Newfoundland and Labrador. The U.S. tech company says its services will be available throughout the Avalon Peninsula with St.

OTTAWA — The Canadian Medical Association is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing they will affect doctors' retirement savings.

DETROIT (AP) — Despite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.

TORONTO — Equifax Canada is exploring how rent data could factor in to credit scores to help make credit and financial services accessible to more people.

PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages. The Purchase, New York-based company said revenue rose 2% to $18.3 billion for the January-April period.

TORONTO — Landing a job isn't as easy as it was a few years ago, especially for younger Canadians, as the labour market continues to loosen.

MONTREAL — AtkinsRéalis says it has won a contract as part of the project to build the new Île d'Orléans bridge in Quebec. Financial terms of the deal were not immediately available.

Maureen Gordon has weathered hard times before. She and her husband began running ecotourism outfit Maple Leaf Adventures out of Vancouver about a month before the 9/11 terrorist attacks devastated international travel in 2001.

SHERBROOKE, Que. — On Monday morning in Sherbrooke, Que., dozens of tractors slowly rolled along a stretch of road between the regional offices of Quebec's farmers association and the Agriculture Department a few hundred meters away.