National Business

VANCOUVER — Ritchie Bros. Auctioneers Inc. announced it has closed its acquisition of U.S. firm IAA Inc. after a contentious few months that saw shareholders divided over the deal.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,519.43, up 131.71): Suncor Energy Inc. (TSX:SU). Energy. Up $1.07, or 2.71 per cent, to $40.61 on 13 million shares.

MONTREAL — The number of air passenger complaints to Canada's transport regulator has more than tripled over the past year, soaring past 42,000 as of this month.

TORONTO — Canada's main stock index began the week by posting a gain of more than 130 points, fuelled by strength in energy stocks, while U.S. markets also rose. The S&P/TSX composite index was up 131.71 points at 19,519.43.

A deadly fire that swept through a building in Old Montreal on Thursday where several apartments were being used as Airbnb units is raising safety concerns about short-term rental properties.

MOSCOW (AP) — Russian President Vladimir Putin warmly welcomed Chinese leader Xi Jinping to the Kremlin on Monday, sending a powerful message to Western leaders that their efforts to isolate Moscow over the fighting in Ukraine have fallen short.

OSHAWA, Ont. — Finance Minister Chrystia Freeland outlined some of the key government spending priorities as she kicked a week of pre-budget events. Speaking to a group of electrician students at a union training centre in Oshawa, Ont.

TORONTO — ISS Corporate Solutions, Inc. says for the first time ever women hold one-third of the board director positions across companies listed on the S&P/TSX composite.

TORONTO — Credit rating agency DBRS Morningstar says funding levels at Canadian banks are stable despite about $57 billion in lost market capitalization for the Big Six banks over the past two weeks.

LONDON (AP) — Credit Suisse shares plunged Monday after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price.