National Business

CALGARY — An oil and gas industry group is laying the blame for a possible extended delay to the Trans Mountain pipeline project at the feet of Canada's regulatory system.

TORONTO — Strength in energy stocks as the price of oil moved higher helped Canada's main stock index post a small gain Tuesday, while U.S. stock markets moved lower, led by the Nasdaq which lost more than one per cent.

NEW YORK (AP) — Stocks drifted to a lower close as Wall Street waits for highly anticipated reports later this week about inflation and the economy. The S&P 500 fell 0.6% Tuesday. The Dow slipped 17 points, and the Nasdaq composite fell 1%.

OTTAWA — The parliamentary budget officer says it will take the federal and Ontario governments until 2043 to break even on their electric-vehicle battery deals with two automotive giants.

CALGARY — Enbridge Inc. has announced a pair of senior executive changes.

TORONTO — Retailer Roots Corp. reported a loss of $5.3 million in its latest quarter compared with a loss of $3.2 million a year earlier as its total sales edged higher.

CALGARY — Both traditional oil and gas stocks as well as Canada's mining and metals sector have benefited from a recent surge of investor interest in energy, new data from the Toronto Stock Exchange shows.

CALGARY — Alberta Investment Management Corp. (AIMCo) is opening its first Asian office, but the Edmonton-based fund manager says it will steer well clear of China to focus instead on markets with less geopolitical risk.

SACRAMENTO, Calif.

OTTAWA — NDP MP Charlie Angus will ask the natural resources committee to summon the CEO of oilsands giant Suncor when the House of Commons resumes next week.