National Business

CALGARY — Crescent Point Energy Corp. expects to generate "significant" excess cash flow this year as energy prices surge, chief executive Craig Bryksa said Wednesday.

VANCOUVER — A&W Revenue Royalties Income Fund says its same-store sales surged nearly 34 per cent in its latest quarter from the prior year when it faced the most pronounced impact from COVID-19.

SASKATOON — Uranium miner Cameco Corp. recorded a smaller loss in its latest quarter despite a 32 per cent decrease in revenue amid the suspension of production.

CALGARY — Inter Pipeline Ltd. says its board of directors is recommending shareholders accept a $16-billion takeover offer by Brookfield Infrastructure Partners LLP.

Shopify Inc.'s revenue crossed the $1-billion mark for the first time in a single quarter and the volume of goods sold through its offerings reached a record level, as businesses started to reopen amid the COVID-19 pandemic.

TEHRAN, Iran (AP) — Iran's supreme leader on Wednesday called the U.S. "stubborn" in stalled nuclear talks in Vienna for discussing Tehran’s missiles and regional influence, likely signaling more trouble ahead for the negotiations.

OTTAWA — Canada's national annual inflation rate was 3.1 per cent in June, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 3.5 per cent (4.4) — Prince Edward Island: 5.

OTTAWA — Canada's national annual inflation rate was 3.1 per cent in June, Statistics Canada says.

MONTREAL — Information technology firm CGI Inc. is reporting a nearly 30 per cent increase in net income in the third quarter despite lower revenues. The Montreal-based company says it earned $338.5 million or $1.

A group of Canada's leading consumer brands, retailers and restaurants have launched a new organization that will help companies comply with new blue box recycling rules in Ontario.