National Business

MONTREAL — Air Canada says its Aeroplan loyalty program will change how members earn points next year.

WASHINGTON (AP) — President Donald Trump signed an executive order Wednesday to place an additional 25% tariff on India for its purchases of Russian oil , bringing the combined tariffs imposed by the United States on its ally to 50%.

Tariffs don't appear to be weighing on Shopify Inc. The Ottawa-based purveyor of e-commerce software reported a profit Wednesday of US$906 million in its latest quarter as its revenue grew by 31 per cent.

NEW YORK — Brookfield Asset Management Ltd. reported its second-quarter profit rose compared with a year ago. The alternative asset manager, which keeps its books in U.S.

Disney's profit and revenue climbed in its fiscal third quarter as the entertainment company continued to add subscribers to its streaming service and see strength at its domestic theme parks.

CALGARY — Parkland Corp. says its second-quarter net earnings were up as the fuel refiner prepares for a takeover by U.S. company Sunoco LP.

WINNIPEG — Great-West Lifeco Inc. says its second-quarter net earnings dropped 11 per cent from a year ago but its base earnings reached a record high.

Cohere is making its agentic artificial intelligence platform more widely available. The Toronto-based tech firm announced Wednesday that its North platform, which was launched in a limited fashion in January, is getting a broader release.

KELOWNA — The federal government is setting up a safety net of loans, product-development grants and market diversification plans for Canada’s softwood lumber industry in an effort to shield it from the worst of American duties and fees.

MONTREAL — Air Canada flight attendants have voted to give their union a strike mandate. The Air Canada component of the Canadian Union of Public Employees says members voted 99.7 per cent in favour.