National Business

CALGARY — The massive price discount on Canadian oil and gas assets compared with those south of the border was likely a major factor behind Ovintiv Inc.

TORONTO — The Canada Pension Plan Investment Board says its fund earned a net return of 3.6 per cent in its second quarter.

MONTREAL — AtkinsRéalis Group Inc. has announced a deal to build two new Candu nuclear reactors in Romania. The company says the new reactors will be the first new Candu reactors to be built since 2007.

NEW YORK (AP) — U.S. stocks are falling again as their big rally following last week’s presidential election and cut to interest rates continues to fade. The S&P 500 fell 0.7% Friday.

OTTAWA — Statistics Canada says wholesale sales excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain rose 0.8 per cent to $82.3 billion in September.

WASHINGTON (AP) — U.S. retail sales rose last month at a healthy pace in the latest sign that consumer spending is driving the economy's steady growth. Retail purchases rose 0.

BRAMPTON, Ont. — MDA Space Ltd. reported $29.5 million in third-quarter net income, up from $9.3 million in the same quarter last year, as its revenue rose by nearly 40 per cent compared with a year ago.

ST. JOHN'S, N.L. — Newfoundland and Labrador's return on investment for sponsoring a professional English soccer team was not quite as rosy as previously claimed.

LAS VEGAS (AP) — Hundreds of hotel workers at a casino near the Las Vegas Strip went on strike just before dawn Friday after a long and highly publicized fight for a new contract.

TORONTO — Pop superstar Taylor Swift kicked off the first of six shows in Toronto with fans cheering her entrance. The singer brings her record-breaking tour for a Canadian leg that hits Rogers Centre over 10 days.