National Business

CALGARY — Tourmaline Oil Corp., Canada's largest natural gas producer, is growing again. The Calgary-based company, headed by CEO Mike Rose, announced Monday it is buying Bonavista Energy Corp. in a deal worth $1.45 billion.

OTTAWA — The Dairy Farmers of Canada are recommending that an upcoming adjustment to the farmgate price of milk be delayed amid ongoing food inflation and pressure on the food industry to stabilize prices.

After asking the federal telecommunications regulator to waive local news and Canadian programming requirements for its television stations, BCE Inc.

TORONTO — When Canada legalized recreational cannabis in 2018, there were still many unknown implications for health care, industry and the country at large.

OTTAWA — Canadian business sentiment continued to weaken in the third quarter, according to the Bank of Canada's latest business outlook survey, as companies said they expect sales growth to slow over the coming year.

SUNNYVALE, Calif. (AP) — LinkedIn said Monday it is laying off hundreds of employees amounting to about 3% of the social media company's workforce.

TORONTO — The Insurance Bureau of Canada says severe storms and flash floods in Ontario this summer caused more than $340 million in insured losses, according to initial estimates. The estimate from Catastrophe Indices and Quantification Inc.

Two key indicators of the economy climbed in August as Statistics Canada reported manufacturing sales rose 0.7 per cent to $72.

VANCOUVER — A&W Food Services of Canada Inc. says it's launching an exchangeable and reusable cup program across the country in a bid to reduce waste.

NEW YORK (AP) — U.S. stocks are opening higher as some of last week’s moves driven by worries about war in the Middle East unwind. The S&P 500 was 0.4% higher early Monday. The Dow rose 220, and the Nasdaq composite rose 0.4%.