National Business

TORONTO — Ontario's auditor general says the Progressive Conservative budget contains higher-than-usual contingency funds, which can be spent on "unplanned items," and underestimates corporate tax revenues for the next three years.

Cargojet Inc. beat revenue expectations in its first quarter despite plateauing e-commerce demand, as the air cargo outfit looks to bolster its fleet and ramp up domestic deliveries this year.

HALIFAX — Ian McGrath has made it clear to his bosses: If the company forces staff to return to the office, he'll tender his resignation. The Halifax-area tech worker says he's thriving working from home.

VANCOUVER — Sandstorm Gold Ltd. says it has signed a pair of acquisitions worth a total of US$1.1 billion. Under the first deal, the company will buy Nomad Royalty Company Ltd. in an all-stock deal valued at US$590 million.

BRUSSELS (AP) — The European Union said Monday it believes Apple abused its dominant position by limiting access to rivals to its mobile payment system Apple Pay.

TOKYO (AP) — Global shares fell Monday and oil prices lost about $3 a barrel as European energy ministers were set to meet to discuss Russian supply issues and sanctions. U.S. futures advanced after a rout Friday on Wall Street.

MADRID (AP) — Spanish officials said Monday that the cellphones of the prime minister and the defense minister were infected last year with Pegasus spyware that is only available to government agencies in an unauthorized operation.

ZAPORIZHZHIA, Ukraine (AP) — A long-awaited evacuation of civilians from a besieged steel plant in the Ukrainian city of Mariupol was under way Sunday, as U.S.

WARSAW, Poland (AP) — A top-level U.S. congressional delegation led by House Speaker Nancy Pelosi praised the “ferocity” and resolve of Ukrainians face to face with their leader in a weekend visit to Kyiv undertaken in extraordinary secrecy.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Home sales Early signs of how the spring real estate market is shaping up for some of Canada's biggest cities will be out this week.