National Business

VANCOUVER — West Fraser Timber Co. Ltd. says it is cutting a shift at three B.C. mills for a loss of 147 jobs as it reduces production in part because of lack of timber supplies.

TORONTO — Centerra Gold Inc. reported a net loss of US$2.6 millionin its latest quarter, compared to a net loss of US$851.7 million in the same quarter last year. The Toronto-based company, which keeps its books in U.S.

With inflation at a nearly 40-year high, Canadians are feeling the financial strain. In a six-part series this summer, The Canadian Press is speaking to people at different stages of life to see where they’re being hit the hardest.

TOKYO (AP) — Issey Miyake, who built one of Japan’s biggest fashion brands and was known for his boldly sculpted pleated pieces as well as former Apple CEO Steve Jobs’ black turtlenecks, has died. He was 84.

TORONTO — Pot shop owners say they're worried they will lose customers and run out of product if a halt on Ontario Cannabis Store deliveries stretches on.

MISSISSAUGA, Ont. — Bird Construction Inc. says it earned $14.1 million in the second quarter of 2022, as its construction revenue rose 3.7 per cent year-over-year.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,578.30, down 90.87 points.) Barrick Gold Corp. (TSX:ABX). Materials. Up 32 cents, or 1.54 per cent, to $21.16 on 15.3 million shares.

Canada's main stock index fell more than 90 points Tuesday, dragged down by losses in the tech sector as U.S. markets also declined. The S&P/TSX composite index was down 90.87 points at 19,578.30.

MONTREAL — Three years after new rules came into force, the regulator overseeing Canadian airlines has not issued any fines related to passenger compensation claims for flight delays and cancellations.

EDMONTON — Alberta's cannabis regulator will allow pot shops to take down window coverings after a spate of robberies.