National Business

GRETNA, La.

SMITHS FALLS, Ont. — Constellation Brands Inc. says it is increasing its leading ownership stake in Canopy Growth Corp. after exercising warrants issued more than two years ago. The U.S. alcohol beverage company's stake will increase 5.

The British Columbia government is counting on its $1.5-billion economic recovery fund to get the province through the turmoil of the COVID-19 pandemic, says Finance Minister Carole James.

MONTREAL — Nearly 700 workers are to be laid off in Quebec by two of the province's main aerospace companies, Airbus Canada Limited Partnership and Pratt & Whitney Canada.

MONTREAL — A multimillion-dollar family feud among heirs of Quebecor's founder that's lasted for two decades will continue after Pierre Karl and Erik have decided to appeal a court ruling favouring their sister Anne-Marie.

TORONTO — Auto sales crashed in April to levels not seen in decades as restrictions and economic uncertainty around the COVID-19 took hold, DesRosiers Automotive Consultants said Friday.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (14,620.34, down 160.40 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down half a cent, or 1.02 per cent, to 48.5 cents on 26.

CALGARY — Construction work on the Keystone XL pipeline is continuing apace despite a U.S. court ruling last month that invalidated a nationwide permit allowing pipelines to cross waterways, builder TC Energy Corp. said Wednesday.

TORONTO — After posting its best monthly performance in years, Canada's main stock index started May by trending lower as investors reacted negatively to a U.S. retaliatory threat against China over COVID-19. U.S.

TORONTO — Canada's securities commissions are giving public companies more time than usual to file information about their executive compensation, citing the decision to delay some annual shareholder meetings because of the COVID-19 pandemic.