National Business

OTTAWA — Shopify Inc. has named a new chief technology officer, filling a role that has been empty since January 2023. The Ottawa-based e-commerce software firm says Mikhail Parakhin will take on the job.

WARSAW, Poland (AP) — Polish Prime Minister Donald Tusk says the 2025 state budget will include record-high spending on defense.

MONTREAL — National Bank of Canada reported a third-quarter profit of $1.03 billion, up from $830 million a year ago, helped by strength across its operations. The Montreal-based bank said Wednesday its net income amounted to $2.

EDMONTON — The Insurance Bureau of Canada says the wildfire that tore through Jasper is the second-most expensive one in Alberta's history for insured losses.

VANCOUVER — Cellphone use will be restricted in all British Columbia school districts when pupils return next week, as the province becomes the latest to curtail the use of the devices by students.

CALGARY — Taps may run dry and firefighters could encounter empty hydrants if residents don't shape up and abide by renewed water restrictions, Calgary's mayor warned Tuesday.

Wall Street notched another record high Tuesday, even as major stock indexes barely budged after a listless day of trading. The Dow Jones Industrial Average rose 9 points, or less than 0.

MONTREAL — On a sweltering Thursday 51 years ago, a group of striking railroaders stormed Parliament. For nearly an hour on Aug.

TORONTO — Canada's main stock index moved lower on Tuesday, weighed down by energy stocks as oil prices retreated, while U.S. markets inched higher and the Dow added a few points to Monday's record high. U.S.

OTTAWA — Canada's consul general in New York has been given a second opportunity to testify before a House of Commons committee about his official residence, which the government recently purchased for $9 million.