National Business

Edmonton's Capital Power Corp. and Ontario Power Generation are joining together to assess the feasibility of developing small modular nuclear reactors to help power Alberta's electricity grid.

BRAMPTON, Ont. — Loblaw Cos. Ltd. confirmed that it's no longer offering discounts of up to 50 per cent on items nearing expiry.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (21,061.88, up 71.66 points): Toronto-Dominion Bank. (TSX:TD). Finance. Up 99 cents, or 1.23 per cent, to $81.48 on 5.8 million shares.

TORONTO — Gains in telecommunication and energy stocks helped Canada's main stock index creep higher to start the week. The S&P/TSX composite index closed up 71.66 points at 21,061.88, while U.S.

TORONTO — Mastermind Toys has terminated about 272 employees as the retailer is turned over to new ownership.

MONTREAL — Canadian shippers are starting to feel the strain of recent attacks on cargo vessels in the Red Sea, as container rates rise and boats roll in late on the East Coast.

A new report says the average asking price in December for a rental unit in Canada was a record $2,178 per month, relatively flat from the previous month but an 8.6 per cent jump year-over-year. The data released Monday by Rentals.

OTTAWA — Canadians are increasingly cutting back on spending while mortgage holders remain confident they can keep up with higher payments when their loans renew, a Bank of Canada survey says.

OSHAWA, Ont. — General Motors has named Kristian Aquilina as GM Canada's new president and managing director. The move is a promotion for Aquilina, who was GM Canada' vice-president for vehicle sales, service and marketing.

JERUSALEM (AP) — Houthi rebels fired a missile, striking a U.S.-owned ship Monday just off the coast of Yemen in the Gulf of Aden, less than a day after they launched an anti-ship cruise missile toward an American destroyer in the Red Sea.