National Business

CALGARY — TC Energy Corp. says it has recovered all of the oil that spilled into a Kansas creek as a result of a leak from the Keystone pipeline in December.

CALGARY — Crescent Point Energy Corp. is increasing its use of hedging to protect itself against commodity price swings.

OTTAWA, Ill. — The Bank of Canada has appointed Rhys Mendes as a deputy governor, effective July 17.

TORONTO — A joint venture including SNC-Lavalin Group Inc. and Aecon Group Inc. has signed a 10-year agreement valued at $1.3 billion to extend the life of four of Bruce Power’s Candu nuclear reactors to 2064.

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom said Friday the state's budget deficit has grown to nearly $32 billion. That's about $10 billion more than predicted in January, when the governor offered his first budget proposal.

TORONTO — An onslaught of high-profile films set to hit movie theatres this summer has the chief executive of Canada's largest cinema chain confident that his business is charting a successful rebound from its pandemic woes.

WASHINGTON (AP) — President Joe Biden has nominated Philip Jefferson, a member of the Federal Reserve's Board of Governors, to serve as vice chair of the board, the White House announced Friday.

SMITHS FALLS, Ont. — Canopy Growth Corp. says it will refile three of its past quarterly financial statements after uncovering "material misstatements" linked to its BioSteel business. The Smiths Falls, Ont.

TORONTO — Onex Corp. reported a first-quarter loss as the company worked to wind down its Gluskin Sheff wealth management business and move the adviser teams to RBC Wealth Management Canada.

OTTAWA — Canadians' wages are finally growing faster than prices as inflation continues to ease, but that isn't necessarily good news for economists who worry high wage growth might stand in the way of bringing inflation back down to the two per cent