National Business

OTTAWA — Canada's energy CEOs are calling on Prime Minister Mark Carney to scrap the emissions cap on oil and gas producers and repeal industrial carbon pricing to help bolster the industry.

CALGARY — Power producer TransAlta Corp. is hoping to sign agreements this year with prospective Alberta data centre partners that would draw on natural gas-fired electricity it generates in the province.

TORONTO — The executives that led Canada’s oldest company to its recent collapse won’t be handed the reins of Hudson’s Bay as part of its restructuring process, new court documents indicate.

Disney will build its seventh theme park, this one in the United Arab Emirates, the entertainment company said Wednesday.

CALGARY — Oilsands giant Suncor Energy Inc. has begun a three-month outage at one of its upgraders so it can begin to replace enormous components first installed almost six decades ago.

OTTAWA — U.S. Ambassador to Canada Pete Hoekstra will make his first official appearance in the role at the B7 Summit in Ottawa next week.

Disney posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service .

Disney will build its seventh theme park, this one in the United Arab Emirates, the entertainment company said Wednesday.

MONTREAL — The number of homes that changed hands in the Montreal-area rose in April compared with the same month a year ago, despite other major Canadian cities seeing home sales decrease amid uncertainty over the economy.

Disney’s posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service. For the three months ended March 30, Disney earned $3.