National Business

CALGARY — The clash between the world's thirst for energy and the need to reduce emissions to mitigate climate change is the single biggest issue facing Cenovus Energy Inc. right now, the chief executive of the Calgary-based company said Tuesday.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,928.21, up 109.12 points.) Great-West Lifeco Inc. (TSX:GWO). Financials. Up 38 cents, or 1.1 per cent, to $33.79 on 15.

TORONTO — A continued rise in crude oil prices helped lift the energy sector and in turn Canada's main stock index to a near six-week high even though the World Bank downgraded its forecast for global growth.

KYIV, Ukraine (AP) — Russia on Tuesday claimed to have taken control of 97% of one of the two provinces that make up Ukraine's Donbas, bringing the Kremlin closer to its goal of fully capturing the eastern industrial heartland of coal mines and facto

OTTAWA — Canada's merchandise trade surplus fell to $1.5 billion in April as both imports and exports hit record highs, helped by rising prices, Statistics Canada said Tuesday. The agency said the result compared with a revised surplus of $2.

TORONTO — A new survey has found that Canadians are feeling stressed from soaring inflation, particularly from higher grocery prices.

TORONTO — Barrick Gold Corp. says it has sold its 8.5 per cent stake in Perpetua Resources Corp. The gold miner says it sold the 5,382,587 common shares in Perpetua through the facilities of the Nasdaq, Cboe, Direct Edge and NYSE-ARCA.

Attending driver’s education is a rite of passage for many, especially if new drivers want to be eligible for lower auto insurance rates. However, the costs associated with driver’s education can be challenging for young people.

WASHINGTON (AP) — The World Bank has sharply downgraded its outlook for the global economy, pointing to Russia’s war against Ukraine, the prospect of widespread food shortages and concerns about the potential return of “stagflation” — a toxic mix of

KYIV, Ukraine (AP) — Russia has begun turning over the bodies of Ukrainian fighters killed at the Azovstal steelworks, the fortress-like plant in the destroyed city of Mariupol where their last-ditch stand became a symbol of resistance against Moscow