National Business

VALCOURT, Que. — BRP Inc. reported a second-quarter profit of $212.9 million, up from $126.1 million a year ago, and raised its profit guidance for the year. The maker of Ski-Doos and Sea-Doos says it earned $2.

TORONTO — A surging energy sector propelled Canada's main stock index to new highs ahead of Friday's U.S. jobs report that could give the Federal Reserve the green light to begin tapering its stimulus. Energy gained 3.3 per cent as U.S.

Ontario restaurant operators say they are hopeful vaccine passports will help them remain open for business this fall, but are concerned about interpreting proof-of-vaccination certificates and enforcing the rules.

TORONTO — Oxford Properties and co-investor CPP Investments are exploring the sale of Royal Bank Plaza in Toronto.

WASHINGTON (AP) — Millions of jobless Americans who have depended on federal unemployment aid as a financial lifeline are about to lose those benefits just as the delta variant of the coronavirus poses a renewed threat to the economy and the job mark

TORONTO — CIBC has signed a deal to acquire the Canadian Costco credit card portfolio and become the exclusive issuer of Costco Mastercards in Canada as part of a push to diversify its card portfolio.

TORONTO — Canadian auto sales continued to struggle last month, falling 11.4 per cent from the prior year, driven by vehicle shortages caused by semiconductor supply issues.

OTTAWA — Canada's merchandise trade surplus fell to $778 million in July as imports rose more than exports for the month, Statistics Canada said Thursday. The result compared with a revised trade surplus of $2.

OTTAWA — As kids head back to school this fall, household budgets will be tested as the cost of school supplies, new clothes and after-school activities pile up.

NEW YORK (AP) — The remnants of Hurricane Ida caused “multiple fatalities” in Montgomery County outside Philadelphia, according to county spokesperson Kelly Cofrancisco, in addition to at least nine other fatalities in New York and New Jersey.