National Business

Loblaw Cos. Ltd.'s new chief executive said he's "cautiously optimistic" that the company will be able to come to an agreement on the grocery code of conduct.

CALGARY — Cenovus Energy Inc. executives warn it could be well into next year before oil companies resolve their ongoing dispute with Trans Mountain Corp. over rising pipeline shipping fees.

Quebec film giants Denis Villeneuve and Patrick Huard are getting special honours at this year's Canadian Screen Awards.

The tax filing deadline has come and gone, and some Canadians are now facing a significant tax bill.

BRAMPTON, Ont. — Ontario high school students will soon be able to spend most of their time in Grade 11 and 12 in an apprenticeship if they choose to participate in a new skilled trades program.

WASHINGTON (AP) — The U.S. Drug Enforcement Administration is moving toward reclassifying marijuana as a less dangerous drug.

VANCOUVER — Canfor Corp. says it has signed a deal with an affiliate of Domtar Corp. to buy its El Dorado lumber manufacturing facility in Arkansas for US$73 million. The facility in Union County, Ark.

MONTREAL — CGI Inc. reported a second-quarter profit of $426.9 million, up from $419.4 million a year ago. The consulting firm says the profit amounted to $1.83 per diluted share for the quarter ended March 31, up from $1.

ST. JOHN'S, N.L. — Fortis Inc. says it earned $459 million in its first quarter, up from $437 million in the same quarter last year.

EDMONTON — Engineering firm Stantec Inc. says it has acquired Hydrock, an engineering design firm based in England. Financial terms of the deal that closed on Tuesday were not disclosed.