National Business

Vancouver is planning to eliminate weekend car traffic from the main thoroughfare of its historic Gastown neighbourhood as early as this summer, a city councillor announced Tuesday.

VANCOUVER — Aritzia Inc. says its net income for the fourth quarter was $37.3 million, up 9.1 per cent from $34.2 million a year earlier. The Vancouver-based clothing retailer saw its net revenue climb 43.5 per cent in the quarter ended Feb.

MONTREAL — The head of Cirque du Soleil says artificial intelligence poses a low risk to the renowned Quebec company, even as debate is emerging about intellectual property protection for artists.

TORONTO — Canadian Tire Corp. Ltd. says it's acquiring 10 former Bed Bath & Beyond leases to expand its Mark's and Pro Hockey Life banners. The Toronto-based retailer says it's taking on the leases for a final purchase price of $1.6 million.

CALGARY — Not all of the Canadian airlines currently jockeying for position in a crowded market are likely to survive in the long-term, said the CEO of Edmonton-based Flair Airlines on Tuesday.

TORONTO — John Stinson had been listening to Gordon Lightfoot’s 1975 song, “Now and Then” on Monday shortly before it was announced that the Canadian folk music icon had died at 84.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,407.56, down 207.54): Manulife Financial Corp. (TSX:MFC). Financials. Down 15 cents, or 0.56 per cent, to $26.68 on 13.

TORONTO — Canada's main stock index lost more than 200 points in a broad-based decline led by energy as crude prices sank, while U.S. stock markets also fell amid continued concern about the banking sector.

The agreement on remote and flexible work between public sector workers and the federal government could set the stage for future union negotiations, according to labour experts.