National Business

When Jamie Robinson thinks about the number of properties available in and around Alberta's mountain mecca Banff, one word comes to mind: "horrendous.

MONTREAL — Saputo Inc. has signed a deal to sell two milk processing plants in Australia to supermarket giant Coles Group Ltd. for about $95 million.

WWE and the company that runs Ultimate Fighting Championship will combine to create a $21.4 billion sports entertainment company. A new publicly traded company will be formed that houses the UFC and WWE brands, with Endeavor Group Holdings Inc.

CALGARY — Ovintiv Inc. has signed a deal to buy a portfolio of assets in the Midland Basin in Texas in an agreement valued at US$4.275 billion in cash and shares.

TORONTO — It was only after his flight landed in Toronto last year that Wet'suwet'en hereditary chief Na’Moks learned that Royal Bank of Canada had cancelled its in-person annual general meeting with less than a day's notice.

DUBAI, United Arab Emirates (AP) — Several major oil producing countries have joined Saudi Arabia in announcing surprise production cuts that could send world oil prices higher.

WASHINGTON — As the world struggles to find the right balance between a carbon-free future and a present that still runs on fossil fuels, Canada could be leveraging its natural-gas riches to help fuel both, a new report suggests.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Home sales Home sales figures for some of Canada's biggest cities are expected to be released this week.

Demonstrators gathered in 40 locations across Canada on Saturday to voice their opposition to the Royal Bank of Canada's funding of fossil fuel projects.

OTTAWA — The Liberal government left employment insurance reform out of the federal budget this week over concern that reforming the program amid a slowing economy could drive up premiums for workers and employers.