National Business

TORONTO — Rogers Communications Inc. has appointed Tony Staffieri permanent president and chief executive officer, effective immediately. Staffieri had been interim CEO since Nov. 16, when Rogers says its board of directors began an executive search.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (21,072.32, down 12.13 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 13 cents, or 0.4 per cent, to $33.71 on 10 million shares.

TORONTO — The rocky start to the year continued on Monday as North American stock markets mostly fell but improved as the day wore on. The S&P/TSX composite index closed down 12.13 points to 21,072.32 after hitting an intraday low of 20,790.89.

HALIFAX — Nova Scotia's power utility has released figures indicating $205.5 million was spent on replacement fuels over the past four years because of delays to Newfoundland and Labrador's Muskrat Falls hydro project.

The scores of new entrants to the cannabis market combined with plunging prices have resulted in an "unsustainable" situation, Tilray Inc. executives say, but one they feel their company can weather.

Frank Hasenfratz, a Hungarian immigrant who founded Linamar Corp. and built it into a booming auto parts maker, has died. He was 86. The Guelph, Ont. company said that Hasenfratz, who had cancer, died Saturday surrounded by his family.

TORONTO — The head of Canada's banking regulator says he's looking to increase the amount of reserve capital that banks need to hold to protect against climate change risks.

SACRAMENTO, Calif. (AP) — California would be the first state to provide health coverage to all immigrants in the country illegally under the budget Gov. Gavin Newsom proposed Monday.

VANCOUVER — Lululemon Athletica Inc. is lowering its fourth-quarter earnings estimates as the Omicron variant curbs the retailer's sales.

CHICAGO (AP) — Chicago school leaders canceled class for a fourth day in the nation’s third-largest district as negotiations with the teachers’ union over remote learning and safety protocols failed to produce an agreement over the weekend.