National Business

Cargojet Inc. swung to a loss last quarter as it felt the pinch of falling consumer demand along with rising inflation, leading the firm to cut back on growth plans. The air freight and plane leasing company reported a net loss of $34.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (21,324.31, down 88.84 points): Suncor Energy Inc. (TSX:SU). Energy. Down 11 cents, or 0.24 per cent, to $45.68 on 16.4 million shares.

FREDERICTON — The president of Irving Oil is stepping down as the company undergoes a strategic review that includes the possible sale of the business.

TORONTO — Canada's main stock index moved lower Monday, while Wall Street largely started off in the green but lost steam throughout the day. The S&P/TSX composite index closed down 88.84 points at 21,324.31.

MONTREAL — The risk of a strike at Air Transat has lifted as flight attendants have voted in favour of a new collective agreement. The 2,100 flight attendants voted 62.7 per cent in favour of the terms recommended by federal mediators.

When it comes to safety culture at Boeing, there is a “disconnect” between senior management and workers, and employees responsible for checking the company's planes question whether they can raise issues without fear of retaliation, according to a p

FREDERICTON — A New Brunswick town councillor says the release of an investigation into her efforts to bring a giant bird sculpture to the community is a “victory” — even though it led to sanctions against her last fall. Tantramar Coun.

The Federal Trade Commission sued to block a proposed merger between grocery giants Kroger and Albertsons, saying the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans. The FTC filed a lawsuit in U.S.

REGINA — A case of old hockey cards containing the game's Great One has fetched more than $3.7 million after it was uncovered in a Regina home.

TORONTO — Diana Skakavac is so serious about deal hunting, she considers saving one of her love languages.