National Business

CALGARY — The Alberta Energy Regulator says a flock of Canada geese were stained with oil after landing on a lagoon at an Imperial Oil facility northwest of Cold Lake.

OTTAWA — Canada's new housing and infrastructure minister says closing the door to newcomers is not the solution to the country's housing woes, and has instead endorsed building more homes to accommodate higher immigration flows.

DETROIT (AP) — The announcement Wednesday that seven major automakers are joining to build a large North American electric vehicle charging network should pull people off the sidelines to at least consider shifting away from gas-powered vehicles.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,561.64, up 10.11): TC Energy Corp. (TSX:TRP). Energy. Up 44 cents, or 0.91 per cent, to $48.94 on 11.9 million shares.

TORONTO — Canada's main stock index posted anemic gains Wednesday as a rise in battery metals, industrials and health care balanced out weakness in technology stocks, while U.S. markets were mixed after another central bank rate hike.

Pablo Rodriguez has been sworn in as Canada's new transport minister as part of a major cabinet shuffle, taking the baton on a raft of turbulent issues as the aviation sector emerges from a period of crisis.

NEW YORK (AP) — Wall Street held steady after the Federal Reserve followed through on expectations and raised its benchmark interest rate to its highest level in more than two decades.

TORONTO — Sun Life Financial Inc. has reached a deal to acquire virtual care provider Dialogue for about $277 million.

BRAMPTON, Ont. — Large global suppliers are driving costs higher for Loblaw Companies Ltd., the firm said as it released earnings for the second quarter that showed profits up despite lower gross margins.

OTTAWA — The Bank of Canada says it's trying to not raise interest rates more than it has to, as members of the governing council are mindful of the risks associated with raising rates too much.