National Business

TORONTO — Element Fleet Management Corp. says president and chief executive Jay Forbes will retire this year and will be replaced by CIBC executive Laura Dottori-Attanasio.

BANGKOK (AP) — Stocks were higher in Asia on Tuesday after a tech-led rally on Wall Street as investors bet the Federal Reserve will trim its rate hikes to tamp down inflation. Many markets in the region were closed for Lunar New Year holidays.

LORETTE, Man.

VANCOUVER — Telus Communications Inc. says it has merged its mobility and home service divisions to create a combined business unit called Telus Consumer Solutions.

WASHINGTON — The State Department is setting up a new program aimed at giving ordinary Americans the chance to help resettle refugees in the United States — and it's borrowing a page from Canada's immigration playbook to do it.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,631.58, up 128.37): Royal Bank of Canada (TSX:RY). Financials. Up two cents, or 0.02 per cent, to $134.73 on 12.5 million shares.

TORONTO — Canada's main stock index posted a modest gain Monday while U.S. stock markets saw bigger growth, continuing Friday's rally amid strength in the technology sector. The S&P/TSX composite index was up 128.37 points at 20,631.58.

HALIFAX — The man behind Canada’s first commercial spaceport says the facility in northeastern Nova Scotia could see its first suborbital test launch sometime early this summer.

WARSAW, Poland (AP) — Poland said Monday it would ask Berlin for permission to send German-built Leopard tanks to Ukraine as its Western allies move to supply Kyiv with more powerful military hardware to thwart Russia’s invasion .

Canada's smaller cities have an opportunity to make a bigger economic impact in the coming years thanks to pandemic-driven trends and the federal government's immigration plan, according to new research from the Conference Board of Canada.