The Mix

Quebec's government has officially tapped Michael Sabia as the next head of Hydro-Quebec. In a tweet, Premier François Legault announced Sabia would serve as president and CEO of the Crown corporation, succeeding Sophie Brochu.

“Reality,” a new movie starring Sydney Sweeney, is largely set in one empty room. There is nothing on the walls. There are no chairs or rugs, just a stark and ugly room in a nondescript rental property in a downtrodden neighborhood.

OTTAWA — Former Quebec finance minister Carlos Leitão has been appointed to the Bank of Canada's board of directors. Leitão was Quebec's finance minister between 2014 and 2018.

MONTREAL — Warning about sole-source contracts and the "fallacy" of an urgent need to buy now, Bombardier Inc. said Wednesday that Ottawa would be erring if it opts to go with Boeing when it replaces Canada's aging military patrol planes.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,572.24, down 167.46): Suncor Energy Inc. (TSX:SU). Energy. Down 77 cents, or 1.99 per cent, to $38.03 on 23.2 million shares.

TORONTO — Canada's main stock index was down almost 170 points Wednesdayin a broad-based decline led by losses in energy and base metals, while U.S. markets also moved lower. The S&P/TSX composite index was down 167.46 points at 19,572.24.

OMAHA, Neb. (AP) — John Beasley, the veteran character actor who played a kindly school bus driver on the TV drama “Everwood” and appeared in dozens of films dating back to the 1980s, has died. He was 79.

TORONTO — Meta Platforms Inc. has begun allowing "up-and-coming creators" in Canada to pay to be verified on Facebook and Instagram. The social media company says in a release that the pay-for-verification program is called Meta Verified.

NEW YORK (AP) — Wall Street closed lower as worries rise about the strength of the global economy and inflation. The S&P 500 fell 0.6% Wednesday. The Nasdaq composite fell a similar amount, and the Dow Jones Industrial Average fell 0.4%.

ST. JOHN'S, N.L. — The premier of Newfoundland and Labrador played it cool Wednesday as Norwegian energy giant Equinor announced it was suspending plans to develop a $16-billion oil project in the province's offshore.