National Business

A subsidiary of Great-West Lifeco Inc. has signed a $4.45-billion deal to buy Prudential Financial Inc.'s retirement business, as the company aims to deepen its presence in the U.S. market. The deal made by Winnipeg-based Great-West's U.S.

TORONTO — Brookfield Asset Management Inc. says a deal to acquire the remaining stake in Brookfield Property Partners L.P. will close on Monday after an Ontario court approved the transaction.

TORONTO — Porter Airlines is adding new ways to pay as it prepares to restart flights in September and add jet services next year.

TORONTO — The Toronto Transit Commission has placed an order for 110 low-floor transit buses with the subsidiary of NFI Group for an undisclosed price.

TORONTO — Unifor says newsroom employees at the National Post will receive average increases of 8.25 per cent over two years following a prolonged wage freeze.

VANCOUVER — Canfor Corp. says it is curtailing production capacity at its Canadian sawmills beginning Monday as a result of extreme wildfire conditions in Western Canada.

NEW YORK (AP) — Shark Week just finished its 33rd edition on Discovery, a television event so old that one advertising executive joked it could have its own children.

MONTREAL — Canadian National Railway Co. nearly doubled earnings and revenues in its second quarter as the company began to recover from the COVID-19 pandemic. The Montreal-based railway earned $1.03 billion or $1.

CALGARY — WestJet says it is not seeking financial aid from the federal government after months of talks between Ottawa and the airline.

LOS ANGELES (AP) — Conservative talk radio host Larry Elder is suing over a decision by California election officials to block him from running in the September recall election that could oust Gov.