National Business

TORONTO — Mortgage lender Home Capital Group Inc. has nominated three new members to its board of directors, including veteran telecommunications executive Joe Natale.

MONCTON, N.B. — Cannabis company Organigram Holdings Inc. reported a loss in its latest quarter as its revenue more than doubled compared with a year ago. The company says its net loss for the quarter ended Feb.

TORONTO — The Canada Pension Plan Investment Board and Tata Realty and Infrastructure Ltd. have announced a joint venture to develop and own commercial office space in India.

BEIJING (AP) — The U.S. has ordered all non-emergency consular staff to leave Shanghai, which is under a tight lockdown to contain a COVID-19 surge.

Shopify Inc. is proposing changes to its governance structure to preserve founder and CEO Tobi Lütke's voting power, while also proposing a 10-for-one split of its class A and class B shares.

SAN FRANCISCO (AP) — Billionaire Elon Musk, one of Twitter's biggest shareholders, is reversing course and will no longer join the company's board of directors, less than a week after being awarded a seat .

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (21,790.49, down 83.86 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 77 cents, or 1.9 per cent, to $40.50 on 12.3 million shares.

TORONTO — Crude oil prices fell to their lowest level since before the Russian invasion of Ukraine as a spike of COVID-19 cases in China pulled down the energy sector and Canada's main stock index to start the trading week.

SAN FRANCISCO (AP) — Pacific Gas & Electric, the nation's largest utility, has agreed to pay more than $55 million to avoid criminal prosecution for two major wildfires sparked by its aging Northern California power lines and submit to five years

Bimbo Canada is rolling out new cardboard bread bag clips at its commercial bakery in New Brunswick which it says makes it the first national bakery in North America to introduce compostable clips.