National Business

OTTAWA — The union representing 11,000 Canadian pilots says a newly streamlined immigration program that looks to fill job gaps in transport fails to cut to the core of a dire labour shortage in aviation.

TORONTO — Canada's main stock index closed out Friday down just a handful of points after falling more than 400 points a day earlier,while U.S. stock markets also moved lower.

NEW YORK (AP) — Wall Street’s worst week in six months closed on another weak note. The S&P 500 gave up an early gain and ended 0.2% lower Friday. The Dow Jones Industrial Average lost 106 points, and the Nasdaq composite slipped 0.1%.

BANFF, Alta. — Alberta Premier Danielle Smith told a business conference on Friday that despite her concerns with the federal Liberal government, there are some cabinet ministers she can work with.

TORONTO — Autoworkers in the U.S. ramped up their strike Friday in a move that's expected to have knock-on effects for Canadian parts producers.

TORONTO — The escalating tension between Canada and India is jeopardizing delicate trade and investment relationships that the two sides have been working for years to advance, business leaders said.

OTTAWA — Retail sales edged higher in July, driven by sales at supermarkets and grocery stores, but Statistics Canada said Friday its early estimate for August pointed to a decline. The agency said retail sales jumped 0.3 per cent to $66.

TORONTO — Artificial intelligence and increased automation can help lessen the load for workers at a time when Canada faces a labour shortage in the construction and manufacturing sector.

VANCOUVER — West Fraser Timber Co. Ltd. has signed a deal to sell two pulp mills in Western Canada to Atlas Holdings for US$120 million. The sale includes West Fraser's Quesnel River Pulp mill in Quesnel, B.C.

TORONTO — Prime Video will jump on the ad wagon next year, introducing commercial breaks to its platform and hiking fees for those who want to avoid them.