National Business

TORONTO — Ontario's electricity system operator has secured new power supply from 10 battery storage facilities and three natural gas and biogas facilities, which should meet the province's needs until the 2030s.

Telus Corp. plans to invest $73 billion to bolster its networks over the next five years, chief executive Darren Entwistle announced Thursday at the telecommunications company's annual general meeting.

TORONTO — Manulife Financial Corp. says it expects to ramp up its share buyback program this year as it sheds lower-growth assets and works to maintain its heightened return on equity.

TORONTO — Canadian Tire Corp. Ltd. is the latest retailer to warn of softening consumer demand as high costs of living continue to rein in spending.

CALGARY — Nine out of 10 Canadian energy sector executives believe oil prices will remain strong for the next three to five years, according to the results of a recent survey.

NEW YORK — TikTok will begin labeling content created using artificial intelligence when it's uploaded from outside its own platform. TikTok says its efforts are an attempt to combat misinformation from being spread on its social media platform.

NEW YORK (AP) — Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households.

TOKYO (AP) — Loaves of bread have been taken off store shelves in Japan after the remains of “a small animal” believed to be a rat were found.

BRAMPTON, Ont. — Space technology firm MDA Ltd. says it earned $13.8 million in net income in its first quarter, down from $16.1 million a year earlier, as its revenue edged higher.

Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted Thursday to elect three of the board members an activist investor nominated, but he won’t be fired right away.