National Business

MONTREAL — Supremex Inc. says it has acquired Royal Envelope, an envelope manufacturer and printer in Ontario and Quebec, for $27.4 million. Royal Envelope was founded in 1989 by Peter Bowles and Lou Tucci.

MONTREAL — Air Canada says its first quarter is expected to be hurt by the suspension of flights to mainland China and from Toronto to Hong Kong due to the novel coronavirus, the continued grounding of its fleet of Boeing 737 MAX aircraft and increas

VICTORIA — The British Columbia government is expected to stick to its focus on affordability as it unveils its next budget today amid increasingly difficult economic conditions.

BEIJING — The Beijing auto show, the industry's biggest global event of the year, is being postponed in response to the spread of China's new virus.

MONTREAL — Bombardier Inc. has reached a US$8.2-billion deal to sell its rail business to French rail giant Alstom SA, narrowing the Quebec company's focus to business jets while casting off its largest division to help pay down US$9.

LONDON — Kendall Jenner and fellow super models unveiled Burberry's new season designs at London Fashion Week on Monday, a collection that spanned everything from classic and ladylike to sexy, preppy and street-smart.

TORONTO — Home goods retailer Pier 1 Imports Inc. says it has filed for bankruptcy protection in the United States and plans to close all Canadian stores as part of its restructuring process.

MONTREAL — Cirque du Soleil founder Guy Laliberte is selling the last of his shares in the entertainment behemoth nearly 36 years after launching the Quebec-based circus troupe.

TORONTO — The Ontario legislature resumes Tuesday after a winter break that's been consumed by an escalating conflict with the province's public school teachers.

LONDON — Facebook CEO Mark Zuckerberg met top European Union officials on a visit to Brussels on Monday, days before the bloc is expected to release new proposals on regulating artificial intelligence.