National Business

CALGARY — Canadian automakers say the dollar value of an existing federal incentive for consumers who purchase electric vehicles will need to triple in order for the Liberal government to be successful with its ambitious new EV sales mandates.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,890.16, down 185.80 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 57 cents, or 1.4 per cent, to $40.70 on 6.8 million shares.

TORONTO — Canada's main stock index moved lower due to pessimism about the war in Ukraine and a drop in crude oil prices but Thursday's movement belied its strong performance in the first quarter, with March being the best month since October.

VANCOUVER — A new government office dedicated to hydrogen projects and proposals could help British Columbia reduce greenhouse gas emissions and bolster the economy, the premier says.

CALGARY — De Havilland Aircraft of Canada Limited says it is reviving a water bomber aircraft manufacturing program that will bring 500 jobs to Calgary, Alta.

FREDERICTON — A New Brunswick judge on Thursday denied a motion to suspend the province's ban on the sale of flavoured e-cigarettes, ruling that the plaintiffs failed to prove irreparable harm.

WASHINGTON (AP) — Lawmakers moved to the brink Thursday of shaking hands on a bipartisan compromise to provide a fresh $10 billion to combat COVID-19, a deal that could set up final congressional approval next week.

WASHINGTON (AP) — President Joe Biden on Thursday ordered the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months, a bid to control energy prices that have spiked after the United States and allies

DUBAI, United Arab Emirates (AP) — The world’s fair in Dubai, a tech-saturated site teeming with talking robots and solar canopies, sought to be the future. Now, it's history.

TORONTO — Royal Bank of Canada is growing its wealth management business in the United Kingdom and Ireland, with a deal Thursday to buy British wealth management firm Brewin Dolphin Holdings PLC for about $2.6 billion.