National Business

Brookfield Infrastructure Partners LP has raised its hostile takeover offer for Inter Pipeline Ltd. to top a friendly deal the company struck to be acquired by Pembina Pipeline Corp.

SMITHS FALLS, Ont. — Canopy Growth Corp. is no longer involved in a cannabis venture it was pursuing with rapper Drake. The Smiths Falls, Ont.

TORONTO — Netflix subscribers will be marking Canada Day with a federal tax on their monthly bills. The streaming giant told its Canadian customers this week that it will be adding GST or HST charges "due to a recent change in Canada's tax law.

TORONTO — Canadian auto sales disappointed in May despite increasing nearly 36 per cent from a year earlier when sales plunged due to lockdowns to address the COVID-19 pandemic.

TEHRAN, Iran (AP) — The largest warship in the Iranian navy caught fire and later sank Wednesday in the Gulf of Oman under unclear circumstances, the latest calamity to strike one of the country’s vessels in recent years amid tensions with the West.

TEHRAN, Iran (AP) — A massive fire broke out Wednesday night at the oil refinery serving Iran's capital, sending thick plumes of black smoke over Tehran. It wasn't immediately clear if there were injuries.

MONTREAL — Laurentian Bank Financial Group beat expectations as it reported a second-quarter profit of $53.1 million, up from a profit of $8.9 million a year ago. The Montreal-based bank said Wednesday the profit amounted to $1.

LONGUEUIL, Que. — Quebec Maple Syrup Producers and the Conseil de l'industrie de l'érable say maple syrup production in Quebec fell this year after a record 2020.

NEW YORK (AP) — After decades of photographing rock stars, movie stars and heads of state, Annie Leibovitz has added a business leader to her portfolio: Former PepsiCo CEO Indra Nooyi.

LOS ANGELES (AP) — The LA Clippers game against the Dallas Mavericks on Wednesday not only carries big stakes in respect to the Western Conference playoff series. It will also set a milestone when it comes to alternate sports broadcasts.