National Business

TORONTO — Drivers may see higher premiums for their electric vehicles as the insurance industry adjusts to the shift from gas-powered cars to electric alternatives, a new report suggests.

OTTAWA — A failure of management, "glaring disregard" for policies, controls and transparency and dismal efforts to track spending drastically drove up the cost of the much-maligned ArriveCan app, the federal spending watchdog says.

WestJet faces indefinite delays on dozens of new aircraft deliveries after a panel blowout on a Boeing 737 Max plane last month prompted a halt to greater production at the U.S. aircraft maker.

The Federal Court of Appeal has rejected BCE Inc.'s request for a stay of a regulatory decision that will allow independent companies to sell internet services to their customers through Bell's fibre network in Ontario and Quebec.

TORONTO — Chartered Professional Accountants of Canada is cutting 20 per cent of its workforce ahead of a move by provincial oversight bodies in Ontario and Quebec to split from the national organization.

COLUMBUS, Ohio (AP) — Two former top executives of FirstEnergy Corp.

NEW YORK (AP) — Wall Street is holding steady, coming off its latest record-setting week. The S&P 500 was little changed in early trading Monday after closing Friday above the 5,000 level for the first time.

TORONTO — Fairfax Financial Holdings Ltd. is calling the allegations in a short sellers report on the company false and misleading.

Diamondback Energy will buy rival Endeavor Energy Resources in a cash-and-stock deal valued at about $26 billion to create a drilling giant in the Southwest United States. The transaction includes approximately 117.

On the outskirts of Barrie, Ont., sunlight washes over the outcast cucumber and parsley stacked on skids at Eat Impact's warehouse.