National Business

Aritzia Inc.'s net income jumped by almost 72 per cent over the last year as the company's e-commerce and U.S. revenues soared, but some of its financial figures also showed softness in the Canadian market.

ST. JOHN'S, N.L. — A draft energy deal with Quebec heralded as a game-changer for indebted Newfoundland and Labrador is heading for a vote Thursday night at the legislature in St. John's, N.L.

TORONTO — Canada's main stock index edged higher Thursday, as strength in base metal stocks helped outweigh weakness in telecom and utilities. The S&P/TSX composite index closed up 21.68 points at 25,073.36. Canadian markets were quiet as U.S.

Eight people, two dogs and a cat found refuge in George Stroumboulopoulos's Los Angeles home as wildfires raged through parts of the city, fuelled by ferocious Santa Ana winds.

TORONTO — Average asking rents fell nationally to $2,109 in December on a year-over-year basis, marking a 17-month low, according to a new report. A monthly report from Rentals.ca and Urbanation says average asking rents across Canada were down 3.

WINNIPEG — The Manitoba government is spending $17 million in a bid to create more aerospace jobs and training opportunities. The money includes an $8-million grant and a $9-million loan, to be repaid over 12 years, to Magellan Aerospace.

The owner of Toys “R” Us Canada and HMV announced Thursday that it has purchased women's clothing retailer Northern Reflections Limited.

TORONTO — The Canadian company that processed plant-based milk linked to a deadly listeria outbreak has permanently closed all four of its plants.

The board heading up Canada's grocery code of conduct has hired an adjudicator to oversee the code's implementation. The board announced that Karen Proud will officially begin the role on March 17, with the code intended to be operational by June.

CALGARY — Oil and gas giant Canadian Natural Resources Ltd. says it plans to boost its overall production by 12 per cent in 2025. The Calgary-based company says it is targeting average annual production of between 1.51 million and 1.