National Business

Canada’s main stock index stayed nearly flat Wednesday as shares bobbed along in what one portfolio manager calls a “floating pattern.” The S&P/TSX composite index crept up 5.42 points to 21,793.

ST. JOHN'S, N.L. — The federal government has ended the Newfoundland and Labrador northern cod moratorium, which gutted the province's economy and transformed scores of coastal communities after it was imposed more than 30 years ago.

CALGARY — A company that aims to develop the lithium that occurs naturally within Alberta's oilfield brines has pegged the estimated capital cost of its proposed Clearwater project at $2.47 billion.

Stocks drifted to a mixed close near the all-time highs they set last week. The S&P 500 index edged up 0.2% Wednesday. The Nasdaq composite rose 0.5%, and the Dow Jones Industrial Average edged up less than 0.1%.

CALGARY — Shell Canada is going ahead with its Polaris carbon capture project in Alberta.

HALIFAX — The federal government will help fund major renovations to the section of the Halifax airport where international travelers transfer to Canadian flights.

OTTAWA — Payments Canada says it has named Susan Hawkins as president and CEO of the organization as it works to finish a long-delayed upgrade to its financial system.

Fanatics and the NHL on Wednesday unveiled new on-ice player jerseys for the 2024-25 season, which officials say have been tested and refined well before making their debut in games this fall.

OTTAWA — It has impressive research bench strength. It has billions of federal dollars for the taking. It's kind of a nice place to live.

Canada's largest convenience store chain may soon grow again. Alimentation Couche-Tard Inc. said Wednesday it has several potential acquisitions on its radar.